Form 4: Genuine Parts Co Director John R Holder Reports Acquisition of Phantom Stock

Director John R Holder reports acquiring 180 shares of phantom stock in Genuine Parts Co, bringing his total holdings to 11,292 shares.

Summary

• On October 2, 2024, John R Holder, a director of Genuine Parts Co (GPC), acquired 180 shares of phantom stock.
• The price of the phantom stock was $138.75 per share.
• Following the transaction, Holder directly owns 11,292 shares of phantom stock.
• This includes 79 shares acquired through the Dividend Reinvestment Plan.
• Each share of phantom stock is equivalent to one share of GPC common stock and is payable in cash or common stock at Holder's election.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment, simply reporting a transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company's future.

Stakeholder Impact

• The transaction reflects the director's ongoing investment in the company, which could be viewed positively by shareholders.

Key Dates