Form 4: GPC Executive Reports Stock Transactions
Insider Transaction Report
James F. Howe, President of Motion at Genuine Parts Co. (GPC), reported transactions involving common stock, including RSU grants and dividend accruals.
Summary
- James F. Howe, President of Motion at Genuine Parts Co. (GPC), reported several transactions related to common stock on May 1, 2026.
- These transactions include the acquisition of 5,715 Restricted Stock Units (RSUs) granted under a time-based award, which vests over three years.
- Additionally, 404 Performance Restricted Stock Units (PRSUs) earned and vested under a May 1, 2023 award were issued.
- The reporting person's beneficial ownership was also adjusted for dividend accruals, adding 45 shares to one holding and 18 shares to another.
- The filing also notes the disposal of shares at a price of $104.99 per share.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine insider transactions and compensation-related equity grants and vesting, without significant positive or negative financial news.
Positives
- Grant of 5,715 time-based RSUs, indicating continued equity-based incentive for management.
- Issuance of 404 PRSUs, reflecting achievement of performance targets.
- Dividend accruals increasing beneficial ownership by 63 shares in total, demonstrating reinvestment and growth of holdings.
Negatives
- Disposal of 398 shares at $104.99.
- Disposal of 119 shares at $104.99.
- Disposal of 63 shares at $104.99.
Future Outlook
The filing does not contain forward-looking statements or guidance. It reports on past transactions and current beneficial ownership.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The reported RSU and PRSU grants are typical components of executive compensation packages in the automotive parts and industrial distribution sectors, aiming to align management interests with shareholder value.
Stakeholder Impact
- Shareholders: The transactions reflect standard executive compensation practices and insider activity, with no immediate indication of significant impact on share price beyond normal market fluctuations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2023 | Date of PRSU award granted. |
| 05/01/2026 | Earliest transaction date reported, including RSU grant, PRSU issuance, and stock disposals. |
| 05/05/2026 | Date of filing signature. |
Keywords
Genuine Parts Co., GPC, Form 4, Insider Trading, Stock Options, RSU, PRSU, Executive Compensation, Beneficial Ownership
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