Genuine Parts (NYSE: GPC) grants RSUs to executive, withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENUINE PARTS CO President, Motion James F. Howe reported equity compensation and related tax withholding transactions in company common stock. On May 1, 2026, he received 404 time-based RSUs that vest in three equal annual installments and 5,715 shares issued upon settlement of previously earned PRSUs.
To cover tax obligations, a total of 580 shares were disposed of at $104.99 per share through tax-withholding, which is not an open-market sale. Dividend accruals added 45 shares and 18 shares to his balance. After these transactions, he directly holds 32,758 shares of Genuine Parts common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Howe James F.
Role
President, Motion
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,715 | $0.00 | -- |
| Tax Withholding | Common Stock | 398 | $104.99 | $42K |
| Grant/Award | Common Stock | 404 | $0.00 | -- |
| Tax Withholding | Common Stock | 119 | $104.99 | $12K |
| Tax Withholding | Common Stock | 63 | $104.99 | $7K |
Holdings After Transaction:
Common Stock — 33,111 shares (Direct, null)
Footnotes (1)
- Reflects a grant of time-based RSUs that vests in equal annual installments on the first three anniversaries of the grant date. The Reporting Person's ending balance has been increased by 45 shares to account for shares from dividend accrual. Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on May 1, 2023. The Reporting Person's ending balance has been increased by 18 shares to account for shares from dividend accrual.
Key Figures
Tax-withheld shares: 580 shares
Withholding price: $104.99 per share
Time-based RSUs granted: 404 shares
+4 more
7 metrics
Tax-withheld shares
580 shares
Shares delivered for taxes at $104.99 on May 1, 2026
Withholding price
$104.99 per share
Price used for tax-withholding dispositions
Time-based RSUs granted
404 shares
RSU grant vesting over three annual installments
PRSUs settled into shares
5,715 shares
Settlement of PRSUs from May 1, 2023 award
Post-transaction holdings
32,758 shares
Direct common stock holdings after all transactions
Dividend accrual addition 1
45 shares
Increase to ending balance from dividend accrual
Dividend accrual addition 2
18 shares
Additional increase from dividend accrual
Key Terms
RSUs, time-based RSUs, PRSUs, tax-withholding disposition, +1 more
5 terms
RSUs financial
"Reflects a grant of time-based RSUs that vests in equal annual installments"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
time-based RSUs financial
"Reflects a grant of time-based RSUs that vests in equal annual installments"
PRSUs financial
"Reflects shares issued in settlement of PRSUs earned and vested"
A PRSU is a type of employee equity award that turns into actual company shares only if preset performance goals are met over a specified time. Think of it like a prize that only pays out when a team hits agreed targets; investors watch PRSUs because they tie management pay to results, can increase the number of shares outstanding when paid, and therefore affect shareholder value and incentives.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
dividend accrual financial
"ending balance has been increased by 45 shares to account for shares from dividend accrual"
FAQ
What insider transactions did GPC executive James F. Howe report on this Form 4?
James F. Howe reported equity compensation and related tax-withholding transactions. He received 404 time-based RSUs and 5,715 shares from PRSU settlement, while 580 shares were withheld at $104.99 per share to satisfy tax obligations, leaving him with 32,758 directly held shares.
Were James F. Howe’s GPC transactions open-market sales or tax withholdings?
The dispositions were tax-withholding events, not open-market sales. A total of 580 Genuine Parts shares were delivered at $104.99 per share to cover exercise price or tax liabilities associated with the equity awards, a routine administrative mechanism rather than discretionary selling activity.
What do the RSU and PRSU footnotes mean in James F. Howe’s GPC Form 4?
The footnotes explain that 404 shares are time-based RSUs vesting over three years, while 5,715 shares were issued from PRSUs earned under a May 1, 2023 award. Additional notes state his ending balance increased by 45 and 18 shares from dividend accruals tied to these awards.