Lafont Jean-Jacques 4

What Happened Jean-Jacques Lafont, a director of Genuine Parts Co. (GPC), was granted 1,810 restricted stock units (RSUs) on May 1, 2026. The transaction is reported as an award/acquisition (derivative) at $0.00 per unit (total $0). These RSUs are vested upon grant but convert into one share of GPC common stock per RSU on the fifth anniversary of the grant (or earlier under certain conditions).

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (filed within the required reporting window).
• Instrument: 1,810 restricted stock units (RSUs); reported price: $0.00 per RSU; total reported cash value at grant: $0.
• Vesting/conversion: RSUs are vested on grant and convert to shares on the fifth anniversary, or earlier upon change in control or qualifying termination (see footnotes).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Transaction code: A (award/grant).
• Footnotes: Annual RSU grant to non-employee directors; each RSU equals one share upon conversion; conversion and accelerated vesting conditions noted.

Context This is a routine, non‑market compensation award to a non-employee director (annual RSU grant). Because the units are RSUs (a deferred equity award), this is not an open-market purchase or sale and does not reflect an immediate cash transaction or disposition. The award gives the director a vested right to receive shares in the future per the vesting/conversion schedule.