Form 4: Genuine Parts Co Director Acquires Phantom Stock
SEC Form 4 Filing
Director Juliette Williams Pryor acquired 208 shares of phantom stock in Genuine Parts Co on April 2, 2025, at a price of $120.06 per share.
Summary
- On April 2, 2025, Juliette Williams Pryor, a director of Genuine Parts Co (GPC), acquired 208 shares of phantom stock.
- The price per share was $120.06.
- Following the transaction, Pryor directly owns 3,184 shares of phantom stock.
- This includes 26 shares acquired through a Dividend Reinvestment Plan purchase.
- The phantom stock is the economic equivalent of GPC common stock and is payable in cash or common stock at the reporting person's election.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing detailing a transaction. The director's purchase could be seen as slightly positive, but it's not a major event.
Positives
- The director's acquisition of phantom stock could be seen as a positive signal, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of transaction: Juliette Williams Pryor acquired phantom stock. |
| 04/03/2025 | Date of signature by Chris Galla, Attorney in Fact. |
Keywords
phantom stock, director, GPC, Genuine Parts Co, acquisition, Form 4, insider trading
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