Hardin Paul Russell 4
4 · GENUINE PARTS CO · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Genuine Parts Director Hardin Exercises RSUs, Sells Shares
What Happened
- Paul Russell Hardin, a director of Genuine Parts Co. (GPC), had 1,673 restricted stock units convert to 1,673 shares on May 3, 2026. Of those shares, 455 were disposed at $104.66 per share to satisfy tax withholding, yielding approximately $47,620. The filings show the conversion/exercise (code M) and the tax-withholding sale (code F).
Key Details
- Transaction date: May 3, 2026; Form 4 filed May 6, 2026.
- Conversion/Exercise: 1,673 RSUs converted to 1,673 shares (coded M) at $0.00 (reflects conversion rather than a cash purchase).
- Tax withholding sale: 455 shares disposed (coded F) at $104.66 each, proceeds ≈ $47,620.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes: F1—each restricted stock unit (RSU) equals a right to one GPC share; F2—these RSUs vest upon grant and convert to shares on the fifth anniversary (or earlier on certain events).
- Transaction codes explained: M = exercise or conversion of a derivative (RSU conversion here); F = payment of exercise price or tax liability (shares withheld/sold for taxes).
- No 10b5-1 plan or other special trading plan noted in the filing text provided.
Context
- This appears to be an RSU conversion with a routine withholding sale to cover tax obligations rather than an open-market investment sale. Such tax-withholding disposals are common and do not necessarily indicate the director’s view on the company’s stock.
Insider Transaction Report
Form 4
Hardin Paul Russell
Director
Transactions
- Exercise/Conversion
Common Stock
2026-05-03+1,673→ 6,912 total - Tax Payment
Common Stock
2026-05-03$104.66/sh−455$47,620→ 6,457 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-05-03−1,673→ 1,673 total→ Common Stock (1,673 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a vested right to receive one share of GPC common stock at a future date.
- [F2]The restricted stock units are vested upon grant and convert to shares of GPC common stock on the fifth anniversary of the grant date, or earlier upon a change in control of GPC or the grantee's termination as a director of GPC by reason of death, disability or retirement.
Signature
/s/ Chris Galla, Attorney in Fact|2026-05-06