PRYOR JULIETTE WILLIAMS 4

What Happened

• Juliette Pryor, a director of Genuine Parts Company (GPC), converted 1,673 restricted stock units (RSUs) into common shares on 2026-05-03. Of those shares, 455 were withheld to satisfy tax withholding at $104.66 per share, totaling $47,620. The net shares delivered to Pryor were 1,218 (1,673 converted minus 455 withheld).
• This was not an open-market purchase or voluntary sale by the insider; it’s a routine RSU conversion with share withholding to cover taxes.

Key Details

• Transaction date: 2026-05-03; Form 4 filed: 2026-05-06.
• Conversions/exercises (code M): 1,673 RSUs → 1,673 shares (reported at $0.00 exercise price).
• Tax withholding (code F): 455 shares withheld @ $104.66 = $47,620 surrendered to cover tax liability.
• Net shares received: 1,218.
• Footnotes: Each RSU represents a vested right to one share; RSUs convert to shares on the fifth anniversary of the grant or earlier upon a change in control or termination as a director (per filing footnotes).
• Shares owned after the transaction: not specified in the provided excerpt.
• Filing timing: Form filed three days after the transaction date; depending on business-day counting this may be outside the typical 2-business-day Form 4 window.

Context

• This is effectively a net-share settlement of vested RSUs (common practice) rather than a market buy or deliberate sale — the withheld shares are used to satisfy taxes, similar to a cashless exercise/net settlement.
• Such conversions and withholding transactions are routine for directors and do not necessarily signal a change in sentiment about the company.