Genuine Parts (NYSE: GPC) CFO receives RSU grants and PRSU shares with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENUINE PARTS CO EVP Finance and CFO Herbert Nappier reported compensation-related stock transactions, not open-market trades. On May 1, 2026, he received 3,068 time-based RSUs that vest in three equal annual installments, and 8,382 shares issued upon settlement of performance-based RSUs granted on May 1, 2023.
To cover tax obligations, a total of 3,022 shares of common stock were disposed of through tax-withholding transactions, including shares valued at $104.99 each. Footnotes indicate additional small increases to his share balance from dividend accruals. All reported holdings are direct.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Nappier Herbert
Role
EVP Finance and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,382 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,156 | $104.99 | $121K |
| Grant/Award | Common Stock | 3,068 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,142 | $104.99 | $120K |
| Tax Withholding | Common Stock | 724 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 56,856 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 86 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 141 shares to account for shares from dividend accrual.
Key Figures
Time-based RSU grant: 3,068 shares
PRSU settlement shares: 8,382 shares
Tax-withholding dispositions: 3,022 shares
+2 more
5 metrics
Time-based RSU grant
3,068 shares
Granted May 1, 2026; vests over three years
PRSU settlement shares
8,382 shares
Issued for PRSUs granted May 1, 2023
Tax-withholding dispositions
3,022 shares
Shares delivered to cover tax liabilities
Withholding price
$104.99 per share
Price on certain F-code tax-withholding transactions
Dividend accrual additions
86 and 141 shares
Increases to ending balance from dividend accruals
Key Terms
RSUs, PRSUs, tax-withholding disposition, time-based RSUs, +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.
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.
time-based RSUs financial
"grant of time-based RSUs that vests in equal annual installments"
performance-based RSUs financial
"PRSUs earned and vested under PRSU award granted on May 1, 2023"
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
FAQ
What insider transactions did GENUINE PARTS CO (GPC) report for Herbert Nappier?
Herbert Nappier reported stock-based compensation and related tax withholding. He received new RSU and PRSU-based share awards and had some shares withheld to satisfy tax obligations, with no open-market buying or selling activity disclosed.
How many RSUs did GPC’s CFO Herbert Nappier receive in this Form 4?
Herbert Nappier received 3,068 time-based restricted stock units. These RSUs vest in three equal annual installments on the first, second, and third anniversaries of the May 1, 2026 grant date, tying part of his compensation to continued service.
Were any of Herbert Nappier’s GPC transactions open-market buys or sells?
No open-market purchases or sales were reported. The filing shows grant and award acquisitions plus tax-withholding dispositions, where shares were delivered back to the company to cover exercise price or tax liabilities instead of being traded in the market.