[Form 4] Genuine Parts Company Insider Trading Activity

Rhea-AI Filing Summary

UBS AG London Branch is issuing Phoenix Autocallable Buffer Notes with Memory Interest linked to the common stock of Centene Corporation (CNC). Each note has a $10,000 principal amount, part of a $2 million total offering, and will settle on 9 July 2025, maturing (if not called) on 20 July 2026.

Key economic terms

• Initial price: $33.78 (CNC close on 2 July 2025)
• Downside threshold / interest barrier: $25.34 (75 % of initial price)
• Contingent interest: $737.50 per note (7.375 % of principal) payable quarterly if CNC closes ≥ barrier; “memory” feature pays any missed coupons once conditions are later met.
• Autocall: automatic redemption at par plus current and unpaid coupons if CNC closes ≥ initial price on any quarterly observation date (first possible call October 2025).
• If not called and final price ≥ downside threshold, principal is repaid in cash. If final price < threshold, investors receive 394.6330 CNC shares per note (cash for fractions), whose value declines 1.3333 % for each 1 % CNC falls below the threshold—exposing holders to substantial or total loss.
• Estimated initial value: $9,732 (2.68 % below issue price); underwriting discount $100 per note; net proceeds $9,900.

Risk highlights

• Full principal is not protected; share settlement risk if CNC drops >25 %.
• No market listing; secondary liquidity depends on UBS affiliates, likely at prices below theoretical value.
• Returns are capped at coupons; investors forego CNC upside.
• Credit exposure to UBS AG and potential Swiss bail-in actions by FINMA.
• Uncertain U.S. tax treatment; possible current income inclusion and FATCA considerations.

The notes target investors comfortable with single-stock volatility who seek high conditional income (up to four coupons, 29.5 % annualised) and accept autocall and credit risk in exchange for a 25 % buffer and memory-coupon mechanism.

Positive

• High conditional income: quarterly coupon of $737.50 per note (up to 29.5 % annualised) augmented by memory feature.
• 25 % downside buffer: full principal repayment if CNC stays above 75 % of initial price.
• Short tenor (~1 year) reduces long-term market and credit exposure compared with typical five-year structured notes.
• Automatic call can monetize gains early, providing reinvestment flexibility.

Negative

• Principal risk: CNC decline beyond 25 % leads to share settlement worth less than principal—potential total loss.
• Issuer credit & bail-in risk: repayment depends on UBS AG; FINMA could impose write-down or conversion.
• No secondary market listing; bid-ask spreads and internal funding adjustments may significantly erode exit value.
• Return cap: investors forfeit any CNC appreciation above coupon income.
• Estimated value below issue price (–$268), signalling embedded fees and hedging costs.

Insights

Structured Products Analyst

TL;DR – High 7.375 % quarterly memory coupons but full equity risk beyond 25 % buffer; credit and liquidity risks remain.

The structure offers attractive headline yield and a relatively shallow 75 % barrier. Quarterly observation plus memory feature improves coupon capture, yet investors face 100 % CNC downside beyond a 25 % drop, delivered in shares. With only four observations, early autocall is probable if CNC recovers above $33.78, limiting income to one or two coupons. The 268 bp difference between issue price and model value shows embedded costs; secondary bids will likely open near $9,700. Given the one-year tenor, the product suits tactical CNC bulls wanting buffer and callability but is inappropriate for capital preservation strategies.

Risk Analyst

TL;DR – Principal-at-risk note subject to UBS bail-in, illiquid market and single-name concentration—risk profile is aggressive.

Investors assume triple exposure: (1) single-stock volatility—CNC can be highly sensitive to healthcare policy flow; (2) issuer credit—Swiss resolution regime allows write-off or conversion ahead of senior deposits; (3) liquidity—no exchange listing, market-maker premium amortises after six months. The 25 % buffer is modest relative to historical CNC drawdowns (>50 % moves seen in past decade). Share delivery could trigger additional tax and execution frictions. Risk-reward therefore skews negative for conservative accounts, neutral for speculative yield seekers.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LOUDERMILK ROBERT C JR

(Last) (First) (Middle)

309 E PACES FERRY ROAD NE

(Street)

ATLANTA GA 30305

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GENUINE PARTS CO [ GPC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	07/02/2025		A		196		(1)	(1)	Common Stock	196	$127.3	15,550(2)	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of GPC common stock. The shares of phantom stock become payable in cash or common stock, at the election of the reporting person, pursuant to the reporting person's prior deferral election.

2. Includes 124 shares of phantom stock acquired through most recent Dividend Reinvestment Plan purchase.

Remarks:

	/s/ Chris Galla, Attorney in Fact	07/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What is the ticker of the underlying stock for UBS’s Phoenix Autocallable Buffer Notes?

The notes are linked to Centene Corporation common stock (NYSE: CNC).

How much contingent interest can WUCT investors earn per note?

Each note pays $737.50 on any quarterly date when CNC closes at or above $25.34, plus any previously missed coupons via the memory feature.

When can the UBS notes be automatically called?

On any observation date (first: 15 Oct 2025) if CNC’s closing price is ≥ the initial price of $33.78.

What happens if CNC falls below the 75 % downside threshold at maturity?

Investors receive 394.6330 CNC shares per note (cash for fractions), likely worth less than their $10,000 principal and possibly zero.

Are the notes listed on an exchange for trading?

No; they are unlisted. Liquidity relies solely on UBS affiliates making a market, which they may cease at any time.

What is the credit risk associated with these notes?

Payments depend on UBS AG’s ability to pay. In a Swiss resolution, FINMA could convert or write-down the notes before other senior debt.