Hardin Paul Russell 4

What Happened

• Hardin Paul Russell, a director of Genuine Parts Company (GPC), was granted 1,810 restricted stock units (RSUs) on May 1, 2026. The filing reports the award as an acquisition (grant) at $0.00 per unit (derivative grant), so there was no cash purchase or sale.

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (filed within the typical two-business-day reporting window).
• Award: 1,810 RSUs, reported at $0.00 (derivative grant code A).
• Shares owned after transaction: Not reported in the provided data.
• Footnotes:
  • Each RSU represents a vested right to receive one share of GPC common stock at a future date (F1).
  • These 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 the grantee’s termination as a director due to death, disability, or retirement (F2).
  • The RSUs represent the annual RSU grant made to non-employee directors on May 1, 2026 (F3).

Context

• RSU grants are a common form of director compensation and are different from open-market purchases or sales; they do not reflect an immediate cash flow or trading sentiment. These RSUs are vested rights that will convert to actual shares later (per the schedule/conditions above).