Director Juliette Pryor receives 1,810 RSUs at Genuine Parts (NYSE: GPC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genuine Parts Company director Juliette Williams Pryor received an equity grant in the form of restricted stock units. On May 1, 2026, she was granted 1,810 restricted stock units, each representing a vested right to receive one share of GPC common stock at no purchase price.
The units are vested upon grant and convert into shares of Genuine Parts common stock on the fifth anniversary of the grant date. They may convert earlier if there is a change in control of the company, or if Pryor’s board service ends because of death, disability, or retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRYOR JULIETTE WILLIAMS
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)
- 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 RSU's represent the annual RSU grant made to non- employee directors on May 1, 2026.
Key Figures
RSU grant size: 1,810 units
Underlying shares: 1,810 shares
Grant price per unit: $0.00 per unit
+1 more
4 metrics
RSU grant size
1,810 units
Restricted stock units granted May 1, 2026
Underlying shares
1,810 shares
Common stock deliverable per RSU terms
Grant price per unit
$0.00 per unit
Equity award with no purchase price
Conversion timing
5 years
Units convert on fifth anniversary of grant
Key Terms
Restricted Stock Units, change in control, non- employee directors, termination as a director
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a vested right to receive one share"
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 ... 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
"annual RSU grant made to non- employee directors on May 1, 2026"
termination as a director financial
"the grantee's termination as a director of GPC by reason of death"
FAQ
What insider transaction did GPC director Juliette Williams Pryor report?
She reported receiving 1,810 restricted stock units as an equity award. Each unit represents a vested right to one Genuine Parts (GPC) common share at no purchase price, forming part of her annual compensation as a non-employee director.
How many restricted stock units did Juliette Williams Pryor receive from Genuine Parts (GPC)?
She received 1,810 restricted stock units on May 1, 2026. These units vest immediately upon grant and each entitles her to one share of Genuine Parts common stock, subject to the conversion timing rules described in the award terms.
Are Juliette Williams Pryor’s GPC restricted stock units vested?
Yes, the restricted stock units are vested upon grant. Although they are fully vested, the underlying Genuine Parts common shares are delivered later, typically on the fifth anniversary of the grant or earlier upon specific triggering events detailed in the award terms.
What triggers early conversion of Juliette Williams Pryor’s GPC restricted stock units?
Early conversion can occur if Genuine Parts undergoes a change in control or if Pryor’s service as a director ends due to death, disability, or retirement. In these situations, the vested restricted stock units convert into Genuine Parts common stock earlier than the usual fifth-anniversary schedule.