Carey Matt 4

What Happened
Matt Carey, a director of Genuine Parts Co. (GPC), received a grant of 1,810 restricted stock units (RSUs) on 2026-05-01. The transaction is reported as an award/grant (code A) with an acquisition price of $0.00 (derivative grant). This is a routine equity award to a non-employee director rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (filed within the normal reporting window).
• Grant: 1,810 RSUs; reported acquisition price: $0.00 (derivative award).
• Shares owned after transaction: not specified in this Form 4.
• Footnotes from the filing:
  • Each RSU represents a vested right to receive one share of GPC common stock at a future date (F1).
  • The RSUs are vested upon grant and will convert to shares on the fifth anniversary of the grant date, or earlier upon a change in control or certain director terminations (death, disability, retirement) (F2).
  • This grant represents the annual RSU grant made to non-employee directors on May 1, 2026 (F3).

Context
RSUs are a form of deferred equity compensation: these units are vested immediately (the recipient has the right), but actual shares are scheduled to be delivered on the fifth anniversary (or sooner under specified events). Such director RSU grants are typically routine compensation and do not by themselves indicate a buy or sell signal.