Genuine Parts (GPC) director reports 253-share phantom stock grant
Rhea-AI Filing Summary
Genuine Parts Company director reports new phantom stock award in a Form 4 filing. On 01/05/2026, the reporting person acquired 253 shares of phantom stock, which are derivative securities tied to Genuine Parts Company common stock.
Each share of phantom stock is the economic equivalent of one share of GPC common stock and will be paid in cash or common stock, based on the director’s prior deferral election. After this transaction, the director beneficially owns 10,030 shares of phantom stock, which includes 81 shares acquired through the most recent Dividend Reinvestment Plan purchase.
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FAQ
What insider transaction did Genuine Parts Company (GPC) report in this Form 4?
The filing reports that a director of Genuine Parts Company acquired 253 shares of phantom stock on 01/05/2026.
What is the total phantom stock beneficially owned by the GPC director after this transaction?
Following the reported transaction, the director beneficially owns 10,030 shares of phantom stock linked to Genuine Parts Company common stock.
How does the phantom stock for Genuine Parts Company (GPC) work for this director?
Each share of phantom stock is the economic equivalent of one share of GPC common stock and becomes payable in cash or common stock, at the director’s choice under a prior deferral election.
Does the Form 4 mention dividend reinvestment for the GPC phantom stock position?
Yes. The total 10,030 phantom stock shares include 81 shares acquired through the most recent Dividend Reinvestment Plan purchase.
What is the relationship of the reporting person to Genuine Parts Company (GPC)?
The reporting person is identified as a director of Genuine Parts Company.
Is this Form 4 filed by one or multiple reporting persons for Genuine Parts Company (GPC)?
The document states that the Form is filed by one reporting person, not a group.