PRYOR JULIETTE WILLIAMS 4
Research Summary
AI-generated summary
Genuine Parts (GPC) Director Juliette Pryor Williams Receives 263-Share Award
What Happened
- Juliette Pryor Williams, a director of Genuine Parts Co. (GPC), was granted 263 shares of phantom stock (reported as a derivative acquisition) on July 2, 2026. The grant is reported at $118.75 per share, for a total reported value of $31,231.
- This was an award/grant (code A) of phantom stock — not an open-market purchase or sale — and is typically part of director compensation rather than a trading signal.
Key Details
- Transaction date and price: 2026-07-02 at $118.75 per share; total value $31,231.
- Transaction type: Award/Grant of phantom stock (derivative).
- Shares owned after transaction: Not stated in the filing.
- Footnotes of note:
- F1: Each phantom share equals the economic value of one GPC common share; payout will be in cash or common stock per the reporting person’s prior deferral election.
- F2: The 263-share amount includes 38 phantom shares acquired through the most recent Dividend Reinvestment Plan purchase.
- Filing timeliness: Report filed 2026-07-06. Given the July 2 transaction date, the Form 4 was filed within the typical two business-day window and is not flagged as late.
Context
- Phantom stock is a deferred/derivative award that mirrors the economic value of shares but typically pays out later in cash or stock; it does not represent an immediate open-market stake increase or sale.
- Director awards are standard compensation practices and should be viewed as administrative compensation disclosures rather than direct insider buying or selling activity.