Genuine Parts (GPC) Executive Receives 10,620 RSUs, Vesting in 3 Years
Rhea-AI Filing Summary
Krishna Naveen, listed as an officer (EVP, CIDO) of Genuine Parts Co. (GPC), was granted 10,620 time-based restricted stock units (RSUs) on 09/04/2025 that cliff vest on the third anniversary of the grant date. The transaction price is shown as $0. After the grant the reporting person beneficially owns 31,415 shares of GPC common stock. The Form 4 was signed by an attorney-in-fact on 09/08/2025. This filing reports a non-derivative, time-based equity award to an executive, with ownership shown as direct.
Positive
- 10,620 RSUs granted on 09/04/2025 (time-based, cliff vest on third anniversary)
- Post-grant beneficial ownership disclosed: 31,415 shares
- Form 4 filed and signed by attorney-in-fact on 09/08/2025
Negative
- None.
Insights
TL;DR: Executive received time-based RSUs increasing direct ownership by 10,620 units, vesting in three years.
The grant of 10,620 RSUs to Krishna Naveen is recorded as a non-cash, time-based award that cliff vests on the third anniversary of the grant date. The filing shows the transaction price as $0, consistent with standard restricted stock unit grants. Post-grant beneficial ownership is 31,415 shares. This appears to be a routine equity compensation event reported under Section 16.
TL;DR: Governance filing documents a standard executive RSU award with three-year cliff vesting and direct beneficial ownership disclosure.
The Form 4 discloses a time-based RSU grant to an officer (EVP, CIDO) with clear vesting terms: cliff vesting at three years. The report is signed by an attorney-in-fact and filed within days of the transaction. The disclosure meets Section 16 reporting requirements by showing the award, post-grant ownership, and ownership form as direct.
FAQ
What did Krishna Naveen report on Form 4 for GPC?
When do the RSUs granted to Krishna Naveen vest?
What transaction price is shown for the RSU grant on the Form 4?
How is ownership reported after the transaction?
Who signed the Form 4 and when was it filed?