GENUINE PARTS CO·4

May 6, 11:17 AM ET

Hardin Paul Russell 4

4 · GENUINE PARTS CO · Filed May 6, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-05-03
Transactions
  • Exercise/Conversion

    Common Stock

    2026-05-03+1,6736,912 total
  • Tax Payment

    Common Stock

    2026-05-03$104.66/sh455$47,6206,457 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-05-031,6731,673 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

Documents

1 file
  • 4
    wk-form4_1778080646.xmlPrimary

    FORM 4