Genuine Parts (NYSE: GPC) director reports 202 phantom stock units
Rhea-AI Filing Summary
Genuine Parts Company disclosed a Form 4 reporting that a director acquired 202 shares of phantom stock on 01/05/2026. Each phantom stock share is economically equivalent to one share of GPC common stock and will be settled in cash or common stock based on the director's prior deferral election.
Following this transaction, the director beneficially owns 5,030 phantom stock shares, which includes 40 shares acquired through the most recent Dividend Reinvestment Plan purchase. The derivative security is tied to GPC common stock, with the reported transaction price of $123.5 per phantom stock share.
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FAQ
What insider transaction did Genuine Parts (GPC) report on this Form 4?
The filing reports that a director of Genuine Parts Company acquired 202 shares of phantom stock on 01/05/2026, linked to GPC common stock.
How many phantom stock shares does the Genuine Parts (GPC) director now beneficially own?
After the reported transaction, the director beneficially owns 5,030 shares of phantom stock.
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 becomes payable in cash or common stock, at the director's election under a prior deferral election.
What price is associated with the Genuine Parts (GPC) phantom stock reported?
The filing lists a price of $123.5 per share of the reported phantom stock derivative security.
Does the Form 4 mention dividend reinvestment for Genuine Parts (GPC) phantom stock?
Yes. The beneficial ownership amount of 5,030 phantom stock shares includes 40 shares acquired through the most recent Dividend Reinvestment Plan purchase.
What is the relationship of the reporting person to Genuine Parts (GPC)?
The reporting person is identified as a Director of Genuine Parts Company.