Form 4: GPC Director Richard Cox JR Increases Phantom Stock Holdings

Genuine Parts Co. Director Richard Cox JR acquired 202 shares of phantom stock, bringing his total beneficial ownership to 5,030 shares.

Summary

• Richard Cox JR, a Director of Genuine Parts Co. (GPC), acquired 202 shares of phantom stock.
• The transaction occurred on January 5, 2026.
• Each share of phantom stock is economically equivalent to one share of GPC common stock.
• The phantom stock is payable in cash or common stock, at the reporting person's election, based on a prior deferral election.
• The acquisition included 40 shares of phantom stock obtained through the most recent Dividend Reinvestment Plan purchase.
• Following this transaction, Mr. Cox beneficially owns 5,030 shares of phantom stock.
• The acquisition price for the phantom stock was $123.5 per share.

Sentiment

Score: 7

Explanation: The acquisition of additional phantom stock by a director, especially including shares from a dividend reinvestment plan, generally indicates confidence in the company's long-term prospects and management's alignment with shareholder interests.

Positives

• A director increasing their holdings, even in phantom stock, can signal confidence in the company's future performance.
• The inclusion of shares from a Dividend Reinvestment Plan indicates a long-term investment strategy and alignment with shareholder interests.

Negatives

• No negative aspects are apparent from this routine insider transaction filing.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This specific insider transaction, while indicating director confidence, does not provide broader insights into industry trends or competitive landscape. It is a routine disclosure of a director's equity holdings change.

Stakeholder Impact

• Shareholders: May view the director's increased holdings as a positive signal of management's belief in the company's value and future performance.

Key Dates

Keywords

Genuine Parts Co, GPC, Richard Cox JR, Director, Insider Transaction, Form 4, Phantom Stock, Stock Acquisition, Dividend Reinvestment Plan