Form 4: GPC Director Acquires Phantom Stock

Richard Cox Jr., a Director at Genuine Parts Co. (GPC), acquired 242 shares of phantom stock on April 2, 2026, valued at $103.52 per share.

Summary

• Richard Cox Jr., a Director of Genuine Parts Co. (GPC), acquired 242 shares of phantom stock on April 2, 2026.
• The phantom stock is economically equivalent to GPC common stock.
• The acquisition was made pursuant to a prior deferral election and can be paid in cash or common stock.
• Following this transaction, Cox Jr. beneficially owns 5,323 shares of phantom stock directly.
• An additional 52 shares of phantom stock were acquired through the Dividend Reinvestment Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction under a pre-existing plan rather than a new strategic move or a reaction to significant company performance.

Positives

• Director acquisition of phantom stock indicates continued confidence in the company's value.
• The acquisition was part of a pre-existing deferral plan, suggesting a routine transaction rather than a reaction to recent events.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, such as this acquisition of phantom stock by a director, are common disclosures under SEC regulations and can provide insights into management's perception of the company's value. However, this specific transaction appears to be part of a pre-established plan.

Stakeholder Impact

• Shareholders: The acquisition by a director may be interpreted as a positive signal of confidence in the company's future performance, though it is part of a pre-existing plan.

Key Dates

Keywords

Genuine Parts Co., GPC, Form 4, Insider Trading, Phantom Stock, Director, Beneficial Ownership, Securities Exchange Act