Form 4: Genuine Parts Co. Director Wendy Needham Sells 3,250 Shares
SEC Form 4 Filing
Director Wendy Needham sold 3,250 shares of Genuine Parts Co. (GPC) at a price of $154.92 on March 20, 2024.
Summary
- On March 20, 2024, Wendy Needham, a director of Genuine Parts Co. (GPC), sold 3,250 shares of common stock.
- The sale price was $154.92 per share.
- Following the transaction, Needham directly owns 14,397 shares of GPC common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director, which is a neutral event.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider and doesn't necessarily indicate a broader trend within the auto parts industry.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of the transaction: Wendy Needham sold 3,250 shares of GPC stock. |
| 03/21/2024 | Date of signature by Chris Galla, Attorney in Fact. |
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