Form 4: GPC Director Richard Cox Jr. Reports Stock Transactions

Richard Cox Jr., a Director at Genuine Parts Co. (GPC), reported transactions involving restricted stock units and common stock.

Summary

• Richard Cox Jr., a Director at Genuine Parts Co. (GPC), reported transactions on May 3, 2026.
• He acquired 1,673 restricted stock units (RSUs) with a transaction code 'M' and a price of $0.
• These RSUs represent a vested right to receive one share of GPC common stock on the fifth anniversary of the grant date, or earlier upon a change in control or termination as a director due to death, disability, or retirement.
• Following these transactions, Cox Jr. beneficially owns 3,745 shares of common stock directly.
• Additionally, he disposed of 455 shares of common stock with a transaction code 'F' at a price of $104.66 per share, leaving him with 3,290 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions (acquisition of RSUs and sale of stock) without significant positive or negative implications on its own.

Positives

• Acquisition of 1,673 restricted stock units, indicating continued incentive and potential future ownership.
• The RSUs are vested upon grant, providing immediate value to the reporting person.

Negatives

• Disposition of 455 shares of common stock, which could be interpreted as a reduction in direct holdings.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. These reports are crucial for investors seeking to understand insider sentiment and potential shifts in beneficial ownership.

Stakeholder Impact

• Shareholders: The disposition of shares by a director may be observed, but the acquisition of RSUs suggests continued commitment. The net change in direct holdings is a reduction.
• Management: Standard reporting requirement, no direct impact mentioned.

Key Dates

Keywords

SEC Form 4, Insider Trading, Genuine Parts Co., GPC, Director Transactions, Restricted Stock Units, Common Stock, Beneficial Ownership