Genuine Parts (GPC) director now holds 3,990 phantom stock units
Rhea-AI Filing Summary
Genuine Parts Company director filed a Form 4 reporting a new award of phantom stock tied to GPC common shares. On 01/05/2026, the director acquired 253 phantom stock units, each economically equivalent to one share of GPC common stock.
After this transaction, the director beneficially owns 3,990 phantom stock units. These phantom stock units become payable in cash or in common stock, at the election of the director, based on a prior deferral election. The total includes 31 phantom stock units acquired through the most recent Dividend Reinvestment Plan purchase.
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FAQ
What insider transaction did Genuine Parts (GPC) report on this Form 4?
The filing reports that a Genuine Parts Company director acquired 253 phantom stock units on 01/05/2026, which are tied to GPC common stock.
How many phantom stock units does the GPC director own after the reported transaction?
Following the reported transaction, the director beneficially owns 3,990 phantom stock units, as disclosed in the filing.
What is phantom stock in the context of Genuine Parts (GPC)?
Each share of phantom stock is the economic equivalent of one share of GPC common stock and tracks its value, but is settled in cash or stock according to the director's election.
How are the GPC phantom stock units payable to the director?
The phantom stock units become payable in cash or in common stock, at the election of the reporting person, based on a prior deferral election.
Does the GPC director’s phantom stock total include dividend reinvestment units?
Yes. The 3,990 phantom stock units include 31 units acquired through the most recent Dividend Reinvestment Plan purchase.
What role does the reporting person have at Genuine Parts (GPC)?
The reporting person is identified as a Director of Genuine Parts Company on the Form 4.