STOCK TITAN

RSU grant to Genuine Parts (NYSE: GPC) director vests immediately

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Genuine Parts Company director Court D. Carruthers received a grant of 1,810 restricted stock units (RSUs) on May 1, 2026. Each RSU is vested upon grant and represents a right to receive one share of GPC common stock at a future date.

The RSUs convert into 1,810 shares of common stock on the fifth anniversary of the grant date, or earlier if there is a change in control of Genuine Parts or if the director’s service ends due to death, disability, or retirement. Following this grant, the director holds 1,810 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider CARRUTHERS COURT D
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,810 $0.00 --
Holdings After Transaction: Restricted Stock Units — 1,810 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a vested right to receive one share of GPC common stock at a future date. The restricted stock units are vested upon grant and convert to shares of GPC common stock on the fifth anniversary of the grant date, or earlier upon a change in control of GPC or the grantee's termination as a director of GPC by reason of death, disability or retirement. The RSUs represent the annual RSU grant made to non-employee directors on May 1, 2026.
RSUs granted 1,810 units Annual RSU grant to non-employee director on May 1, 2026
Underlying common shares 1,810 shares Each RSU represents one share of GPC common stock
Grant price $0.00 per unit Compensation grant; no cash paid by the director
Conversion timing 5th anniversary of grant RSUs convert to common stock on fifth anniversary or earlier upon specified events
Restricted Stock Units financial
"Each restricted stock unit represents a vested right to receive one share of GPC common stock at a future date."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
change in control financial
"convert to shares of GPC common stock on the fifth anniversary of the grant date, or earlier upon a change in control of GPC"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
non-employee directors financial
"The RSUs represent the annual RSU grant made to non-employee directors on May 1, 2026."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CARRUTHERS COURT D

(Last)(First)(Middle)
2999 WILDWOOD PKWY

(Street)
ATLANTA GEORGIA 30339

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GENUINE PARTS CO [ GPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/01/2026A1,810 (2) (2)Common Stock1,810(3)$01,810D
Explanation of Responses:
1. Each restricted stock unit represents a vested right to receive one share of GPC common stock at a future date.
2. The restricted stock units are vested upon grant and convert to shares of GPC common stock on the fifth anniversary of the grant date, or earlier upon a change in control of GPC or the grantee's termination as a director of GPC by reason of death, disability or retirement.
3. The RSUs represent the annual RSU grant made to non-employee directors on May 1, 2026.
Remarks:
/s/ Chris Galla, Attorney in Fact05/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GPC report for director Court D. Carruthers?

Genuine Parts Company reported that director Court D. Carruthers received 1,810 restricted stock units as an annual grant. These RSUs are vested upon grant and will convert into shares of GPC common stock at a future date, providing stock-based compensation tied to company performance.

How many restricted stock units were granted in the latest GPC Form 4?

The Form 4 for Genuine Parts Company shows a grant of 1,810 restricted stock units to director Court D. Carruthers. Each unit represents a vested right to receive one share of GPC common stock, aligning director compensation with shareholder interests over time.

When do the GPC restricted stock units for Court D. Carruthers convert into common shares?

The 1,810 restricted stock units granted to Court D. Carruthers convert into GPC common stock on the fifth anniversary of the May 1, 2026 grant date. They may convert earlier if there is a change in control or qualifying termination as a director through death, disability, or retirement.

Are the GPC restricted stock units granted to the director vested immediately?

Yes, the restricted stock units granted to director Court D. Carruthers are vested upon grant. Although fully vested, they will not convert into GPC common stock until the fifth anniversary of the grant or earlier if specific events such as change in control or qualifying termination occur.

What type of compensation does the GPC Form 4 indicate for non-employee directors?

The Form 4 indicates that non-employee directors of Genuine Parts Company receive an annual restricted stock unit grant. For May 1, 2026, Court D. Carruthers received 1,810 RSUs, providing stock-based compensation that delivers common shares at a later date under defined conditions.