Genuine Parts director granted 1,810 RSUs
GENUINE PARTS CO director Jean-Jacques Lafont received a grant of restricted stock units as equity compensation.
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Rhea-AI Filing Summary
GENUINE PARTS CO director Jean-Jacques Lafont received a grant of restricted stock units as equity compensation. On May 1, 2026, he was awarded 1,810 restricted stock units, each representing a vested right to receive one share of GPC common stock at a future date.
The units are vested upon grant but only convert into common shares on the fifth anniversary of the grant date, or earlier if there is a change in control of GPC or if Lafont’s board service ends due to death, disability, or retirement. This grant represents the annual RSU award to non-employee directors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,810 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a vested right to receive one share of GPC common stock at a future date.
- F2. 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.
- F3. The RSU's represent the annual RSU grant made to non- employee directors on May 1, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
change in control regulatory
non- employee directors financial
FAQ
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What insider transaction did GPC director Jean-Jacques Lafont report?
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When do Jean-Jacques Lafont’s GPC restricted stock units convert to common stock?
Are Lafont’s GPC restricted stock units vested immediately?
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