Genuine Parts (GPC) Director Richard Cox Jr Receives Phantom Stock Award

What Happened

• Richard Cox Jr, a director of Genuine Parts Co. (GPC), received an award of 211 phantom shares on 2026-07-02. The award is reported as a derivative acquisition valued at $118.75 per share, for a total value of $25,056.
• This was an award/grant of phantom (non‑voting, cash- or stock-settled) stock rather than an open‑market purchase or sale.

Key Details

• Transaction type: A (award/acquisition) — derivative phantom stock
• Date of transaction: 2026-07-02; Form 4 filed: 2026-07-06 (timely)
• Price/valuation: $118.75 per share; total reported value $25,056
• Shares reported: 211 phantom shares acquired (includes 47 phantom shares acquired through most recent Dividend Reinvestment Plan purchase per filing)
• Shares owned after transaction: Not specified in the provided excerpt
• Footnotes: Each phantom share is the economic equivalent of one common share and becomes payable in cash or common stock at the reporting person's prior deferral election.

Context

• Phantom stock awards are a form of deferred compensation and do not represent immediate open‑market buying pressure; they are paid out in cash or shares later per the director's deferral choices.
• Because this is an award (not a purchase), it should be viewed as a compensation event rather than a direct insider vote of confidence via a market purchase.