Genuine Parts (NYSE: GPC) executive reports tax-withholding of 173 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genuine Parts Company executive James F. Howe reported a routine tax-related share disposition. On this Form 4, 173 shares of Common Stock were disposed of at $103.52 per share to cover tax obligations, a non-market transaction. Following this, Howe directly holds 25,868 shares, and his ending balance was increased by 37 shares due to dividend accrual.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Howe James F.
Role
President, Motion
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 173 | $103.52 | $18K |
Holdings After Transaction:
Common Stock — 25,868 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 173 shares
Reported share value: $103.52 per share
Shares held after transaction: 25,868 shares
+1 more
4 metrics
Tax-withheld shares
173 shares
Common Stock delivered to cover tax liability
Reported share value
$103.52 per share
Value used for the tax-withholding disposition
Shares held after transaction
25,868 shares
Direct Common Stock holdings following the Form 4 transaction
Dividend accrual shares
37 shares
Increase in ending balance from dividend accrual
Key Terms
tax-withholding disposition, Common Stock, dividend accrual, Form 4
4 terms
tax-withholding disposition financial
"173 shares of Common Stock were disposed of as a 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.
Common Stock financial
"173 shares of Common Stock at $103.52 per share"
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 37 shares to account for shares from dividend accrual"
Form 4 regulatory
"On this Form 4, 173 shares of Common Stock were disposed of"
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.
FAQ
What insider transaction did GENUINE PARTS CO (GPC) report for James F. Howe?
GENUINE PARTS CO reported that executive James F. Howe disposed of 173 Common Stock shares. This was a tax-withholding disposition, meaning shares were used to satisfy tax obligations rather than sold in the open market.
What does the tax-withholding code F mean on the GPC Form 4 filing?
Code F on the GPC Form 4 indicates payment of tax liability by delivering securities. In this case, 173 shares were withheld or delivered to cover taxes owed on equity compensation, rather than being sold as a voluntary market transaction.