Form 4: Genuine Parts Co Director Wendy B Needham Reports Gift of Shares to Charity
SEC Form 4 Filing
Director Wendy B Needham reported gifting 41 shares of Genuine Parts Co common stock to charitable organizations on May 22, 2024.
Summary
- On May 22, 2024, Wendy B Needham, a director of Genuine Parts Co (GPC), reported a transaction involving the gifting of 41 shares of common stock to charitable organizations.
- Following the transaction, Needham directly owns 12,965 shares of GPC common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Gifts to charity are not unusual.
Stakeholder Impact
- The gifting of shares has a negligible impact on shareholders, employees, customers, suppliers and creditors.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Wendy B Needham gifted shares to charitable organizations |
| 05/23/2024 | Date of signature on the Form 4 filing. |
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