Form 4: Genuine Parts Co. Director Donna Hyland Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Donna Hyland reported the acquisition and disposal of Genuine Parts Co. common stock and restricted stock units on May 1, 2025.

Summary

  • On May 1, 2025, Donna Hyland, a director of Genuine Parts Co. (GPC), reported transactions involving the company's stock.
  • Hyland disposed of 2,854 shares of common stock at $0 and 782 shares at $117.29.
  • Following these transactions, Hyland directly owns 8,593 shares of GPC common stock.
  • Hyland also acquired 1,624 restricted stock units (RSUs) and disposed of 2,854 RSUs.
  • After the transactions, Hyland directly owns 1,624 RSUs.
  • The RSUs vest 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.
  • The 1,624 RSUs represent the annual RSU grant made to non-employee directors on May 1, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

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.

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 directors.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
05/01/2025Date of earliest transaction: disposal of common stock and restricted stock units, acquisition of restricted stock units.
05/01/2025Date of annual RSU grant to non-employee directors.
05/05/2025Date of signature by Chris Galla, Attorney in Fact.

Keywords

Form 4, Director, Insider Trading, Stock Transaction, Genuine Parts Co, GPC, Donna Hyland, Restricted Stock Units, RSU

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