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Genuine Parts (NYSE: GPC) SVP logs small tax-withholding share disposition

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

Rhea-AI Filing Summary

GENUINE PARTS CO senior vice president and general counsel Christopher T. Galla reported a small, routine tax-related share disposition. On a Form 4, he showed 268 shares of common stock withheld at $103.52 per share to cover tax obligations, not an open-market sale.

After this tax-withholding disposition and a 57-share increase from dividend accrual noted in a footnote, Galla directly holds 24,302 shares of Genuine Parts common stock.

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Insider Galla Christopher T
Role SVP, GC, and Corp. Secretary
Type Security Shares Price Value
Tax Withholding Common Stock 268 $103.52 $28K
Holdings After Transaction: Common Stock — 24,302 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 268 shares Common Stock delivered to cover tax liability
Tax-withholding price $103.52 per share Value used for 268-share tax-withholding disposition
Shares held after transaction 24,302 shares Direct GPC common stock ownership following Form 4 event
Dividend accrual shares 57 shares Increase to ending balance from dividend accrual per footnote
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the 268-share event"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock" in the reported non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
dividend accrual financial
"ending balance has been increased by 57 shares to account for shares from dividend accrual"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) shows the reported transaction details"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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*
Galla Christopher T

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, GC, and Corp. Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/03/2026
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
Common Stock05/03/2026F268D$103.5224,302(1)D
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
Explanation of Responses:
1. The Reporting Person's ending balance has been increased by 57 shares to account for shares from dividend accrual.
Remarks:
/s/ Chris Galla, Attorney in Fact05/06/2026
** 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 executive Christopher T. Galla report?

Christopher T. Galla reported a tax-withholding disposition of Genuine Parts common stock. On the Form 4, 268 shares were delivered to cover tax obligations tied to equity compensation, rather than sold in the open market, leaving his overall ownership largely unchanged.

How many GPC shares were used for tax withholding in this Form 4?

The filing shows 268 shares of Genuine Parts common stock used to satisfy tax liabilities. These shares were valued at $103.52 each for this purpose, reflecting a standard mechanism where shares are withheld instead of the insider paying the tax bill in cash.

How many Genuine Parts (GPC) shares does Christopher Galla hold after the transaction?

After the tax-withholding disposition, Christopher Galla directly holds 24,302 shares of Genuine Parts common stock. A footnote explains this ending balance was increased by 57 shares to reflect additional shares received from dividend accrual, slightly boosting his reported ownership.

Is the GPC Form 4 transaction an open-market sale by Christopher Galla?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were delivered at $103.52 each to cover tax obligations related to equity awards, a routine administrative event that does not represent a discretionary decision to sell shares in the market.

What does the dividend accrual footnote mean in the GPC Form 4?

The footnote states Galla’s ending balance was increased by 57 shares from dividend accrual. This means previously held, dividend-eligible equity produced additional shares instead of cash dividends, modestly raising his Genuine Parts ownership without a purchase in the open market.