Form 4: Genuine Parts Co. Executive William P. Stengel II Reports Stock Disposals

William P. Stengel II, President of Genuine Parts Co., reported the disposal of common stock to cover tax obligations and dividend accruals.

Summary

• On May 2, 2025, William P. Stengel II, President of Genuine Parts Co., disposed of 6,532 shares of common stock at a price of $120.29.
• Following this transaction, Stengel directly owns 69,952 shares.
• An additional 818 shares were disposed of on the same day at $120.29, resulting in a holding of 69,276 shares after accounting for 142 shares from dividend accrual.
• On May 3, 2025, Stengel disposed of 2,152 shares at $118.7, leaving a balance of 67,730 shares after accounting for 606 shares from dividend accrual.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals by an executive, likely for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to track management's sentiment and alignment with company performance.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Genuine Parts Co, GPC, William P. Stengel II, Insider Trading