Form 4: GPC Director Acquires Phantom Stock Under 10b5-1 Plan

Genuine Parts Co. Director Donna Westbrook Hyland acquired 253 shares of phantom stock, increasing her beneficial ownership to 10,030 shares.

Summary

• Donna Westbrook Hyland, a Director at Genuine Parts Co. (GPC), acquired 253 shares of phantom stock.
• The transaction occurred on January 5, 2026, and was made pursuant to a Rule 10b5-1(c) pre-arranged plan.
• Each share of phantom stock is the economic equivalent of one share of GPC common stock and is payable in cash or common stock at the reporting person's election.
• Following this acquisition, Ms. Hyland beneficially owns a total of 10,030 shares of phantom stock.
• The reported acquisition includes 81 shares of phantom stock obtained through the most recent Dividend Reinvestment Plan purchase.
• The implied price of the derivative security was $123.5 per share.

Sentiment

Score: 6

Explanation: The acquisition of phantom stock by a director, even if routine, is a slightly positive signal as it indicates continued alignment of interests with shareholders.

Positives

• A director's acquisition of phantom stock, even if part of a compensation plan, indicates continued alignment of interests with shareholders.
• The transaction was executed under a Rule 10b5-1 plan, demonstrating a pre-planned and structured approach to equity ownership.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction report and does not directly relate to broader industry trends or competitor activities, but rather reflects an individual director's equity compensation and ownership.

Stakeholder Impact

• Shareholders: The acquisition by a director may be viewed as a minor positive signal, indicating continued confidence in the company's future by its leadership.

Key Dates

Recommendation

A routine insider acquisition of phantom stock by a director, likely part of a compensation plan, does not significantly alter the investment thesis for Genuine Parts Co. It indicates continued alignment of interests but is not a strong signal for a change in recommendation.

Keywords

GPC, Genuine Parts Co, insider transaction, Form 4, phantom stock, director, stock acquisition, 10b5-1 plan