Form 4: Genuine Parts Co. Executive Naveen Krishna Reports Stock Disposals

Sentiment:

SEC Form 4 Filing


Naveen Krishna, EVP and CIDO of Genuine Parts Co., reported disposing of common stock to cover tax obligations, while also noting adjustments to share balances due to dividend accrual.

Summary

  • On May 2, 2025, Naveen Krishna, an EVP and CIDO at Genuine Parts Co., disposed of 2,005 shares of common stock at a price of $120.29.
  • Additionally, on the same day, Krishna disposed of 328 shares at $120.29.
  • On May 3, 2025, Krishna disposed of 548 shares at $118.7.
  • These transactions resulted in Krishna holding 20,795 shares of common stock.
  • The report also notes adjustments to the ending balance to account for shares from dividend accrual, increasing the balance by 57 shares and later by 220 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market.

Key Dates

DateDescription
05/02/2025Disposal of 2,005 shares of common stock at $120.29.
05/02/2025Disposal of 328 shares of common stock at $120.29.
05/03/2025Disposal of 548 shares of common stock at $118.7.
05/06/2025Date of signature for the report.

Keywords

Form 4, Genuine Parts Co, GPC, Naveen Krishna, Stock Disposal, EVP, CIDO, Dividend Accrual

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