Form 4: Genuine Parts Co Director Hardin Paul Russell Reports Phantom Stock Acquisition
SEC Form 4 Filing
Director Hardin Paul Russell reported the acquisition of phantom stock in Genuine Parts Co on July 2, 2024.
Summary
- On July 2, 2024, Hardin Paul Russell, a director of Genuine Parts Co, reported acquiring 230 shares of phantom stock.
- The price of the phantom stock is $135.79.
- Following the transaction, Russell directly owns 6,415 shares of phantom stock.
- This includes 46 shares acquired through a Dividend Reinvestment Plan purchase.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating standard insider activity. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date of phantom stock transaction |
| 07/03/2024 | Date of signature for the report |
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