Genuine Parts director receives 1,810 RSUs
Genuine Parts Company director Charles K. Stevens III received a grant of 1,810 restricted stock units (RSUs).
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Rhea-AI Filing Summary
Genuine Parts Company director Charles K. Stevens III received a grant of 1,810 restricted stock units (RSUs). Each RSU represents a vested right to receive one share of GPC common stock at a future date, giving him 1,810 RSUs directly after the transaction.
The RSUs are vested upon grant and are scheduled to convert into GPC common shares on the fifth anniversary of the May 1, 2026 grant. They may convert earlier if there is a change in control of GPC or if his service as a director ends due to death, disability, or retirement. The grant represents the annual RSU award made to non-employee directors on that date.
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 financial
non- employee directors financial
vested right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GPC director Charles K. Stevens III report?
How many restricted stock units did GPC (GPC) grant to the director?
Are the RSUs granted to the GPC director vested immediately?
What events can accelerate conversion of the GPC director’s RSUs?
Is this RSU award part of Genuine Parts’ annual director compensation?
AI-generated analysis. How Rhea-AI works. Not financial advice.