[Form 4] GENUINE PARTS CO Insider Trading Activity
Rhea-AI Filing Summary
Genuine Parts Co. (GPC) director Charles K. Stevens III received an annual grant of 1,624 restricted stock units (RSUs) on 05/01/2025. Each RSU converts to one share of GPC common stock at a future date. The RSUs vest on the fifth anniversary of the grant date, or earlier if there is a change in control of GPC or if the grantee's service as a director ends due to death, disability or retirement. Following the grant, Mr. Stevens beneficially owns 1,624 shares via the RSUs, reported as direct ownership. The form is signed by an attorney-in-fact on 09/15/2025.
Positive
- Annual RSU grant disclosed: 1,624 RSUs awarded to director Charles K. Stevens III, aligning director pay with shareholder value
- Clear vesting and acceleration terms: Five-year vesting with acceleration on change in control or termination for death, disability or retirement
Negative
- None.
Insights
TL;DR: This is a routine annual equity grant to a non-employee director representing deferred equity compensation.
The filing documents a non-cash equity award: 1,624 RSUs granted to director Charles K. Stevens III on 05/01/2025. The award vests on the fifth anniversary or earlier upon specific termination or change-in-control events. As reported, the RSUs convert one-for-one into common shares and are held in direct beneficial ownership until vesting. There are no cash proceeds, exercise prices, or derivative transactions disclosed. The disclosure is standard for aligning director incentives with shareholder outcomes.
TL;DR: Governance-wise, this is a standard deferred-equity director grant with typical vesting and change-in-control protection.
The RSU grant is described as the annual award for non-employee directors and contains customary vesting provisions: five-year cliff vesting with acceleration on change in control or on termination by death, disability or retirement. The report shows direct beneficial ownership of 1,624 RSUs post-grant. The filing follows Section 16 reporting requirements and was executed by an attorney-in-fact on 09/15/2025.