Genuine Parts (NYSE: GPC) president reports RSU, PRSU awards and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genuine Parts Company executive Alain Masse reported routine equity-compensation activity. On May 1, 2026, he received 1,050 shares of Common Stock as a grant of time-based RSUs that vest in three equal annual installments, and 5,715 shares issued upon settlement of PRSUs granted on May 1, 2023.
To cover related tax obligations, a total of 1,096 shares of Common Stock were disposed of at $104.99 per share through tax-withholding transactions, rather than open-market sales. Following these awards, dividend-accrual adjustments increased his holdings, and Masse now directly owns 25,429 shares of Genuine Parts Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Masse Alain
Role
President, N.A. Automotive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,715 | $0.00 | -- |
| Tax Withholding | Common Stock | 329 | $104.99 | $35K |
| Grant/Award | Common Stock | 1,050 | $0.00 | -- |
| Tax Withholding | Common Stock | 502 | $104.99 | $53K |
| Tax Withholding | Common Stock | 265 | $104.99 | $28K |
Holdings After Transaction:
Common Stock — 25,429 shares (Direct, null)
Footnotes (1)
- Reflects a grant of time-based RSUs that vests in equal annual installments on the first three anniversaries of the grant date. The Reporting Person's ending balance has been increased by 26 shares to account for shares from dividend accrual. Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on May 1, 2023. The Reporting Person's ending balance has been increased by 48 shares to account for shares from dividend accrual.
Key Figures
Time-based RSU grant: 1,050 shares
PRSU settlement shares: 5,715 shares
Tax-withholding shares: 1,096 shares
+4 more
7 metrics
Time-based RSU grant
1,050 shares
Grant of time-based RSUs vesting over three years on May 1, 2026
PRSU settlement shares
5,715 shares
Shares issued upon settlement of PRSUs granted May 1, 2023
Tax-withholding shares
1,096 shares
Shares disposed of to pay tax liability related to awards
Withholding price
$104.99 per share
Value used for tax-withholding dispositions of Common Stock
Post-transaction holdings
25,429 shares
Direct Common Stock ownership after reported transactions
Tax-withholding count
3 transactions
F-code entries for payment of tax liability by delivering securities
Award acquisitions
2 transactions
A-code entries for grant or award acquisitions of Common Stock
Key Terms
time-based RSUs, dividend accrual, PRSUs, tax-withholding disposition, +1 more
5 terms
time-based RSUs financial
"Reflects a grant of time-based RSUs that vests in equal annual installments"
dividend accrual financial
"ending balance has been increased by 26 shares to account for shares from dividend accrual"
PRSUs financial
"Reflects shares issued in settlement of PRSUs earned and vested under PRSU award"
A PRSU is a type of employee equity award that turns into actual company shares only if preset performance goals are met over a specified time. Think of it like a prize that only pays out when a team hits agreed targets; investors watch PRSUs because they tie management pay to results, can increase the number of shares outstanding when paid, and therefore affect shareholder value and incentives.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Genuine Parts (GPC) executive Alain Masse report in this Form 4?
Alain Masse reported routine equity compensation activity. He received new stock awards and had shares withheld to cover taxes related to those awards, changing the composition but not signaling discretionary open-market buying or selling.
What are the vesting terms of the new RSUs reported by GPC’s Alain Masse?
The filing states the time-based RSUs granted to Alain Masse vest in equal annual installments on the first three anniversaries of the grant date, spreading the compensation benefits over three years as long as vesting conditions are met.
Were Alain Masse’s GPC transactions open-market buys or sells?
No open-market trades were reported. The Form 4 shows stock grants and PRSU settlement as acquisitions, and F-code transactions as shares withheld to pay taxes, rather than discretionary purchases or sales in the open market.