Form 4: Genuine Parts Co. Director Donna Westbrook Hyland Reports Acquisition of Phantom Stock

Director Donna Westbrook Hyland reports acquisition of phantom stock in Genuine Parts Co. through dividend reinvestment and other transactions.

Summary

• On April 2, 2025, Donna Westbrook Hyland, a director of Genuine Parts Co. (GPC), acquired 260 shares of phantom stock.
• The phantom stock is the economic equivalent of GPC common stock and becomes payable in cash or common stock at Hyland's election.
• The price of the phantom stock was $120.06.
• Following the transaction, Hyland beneficially owns 9,083 shares of phantom stock, which includes 76 shares acquired through a Dividend Reinvestment Plan.
• The report was filed on April 3, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a routine disclosure of stock transactions by a company director.

Positives

• The director's participation in the Dividend Reinvestment Plan indicates confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.

Key Dates

Keywords

phantom stock, director, GPC, Genuine Parts Co., insider trading, Form 4, dividend reinvestment