Nappier Herbert 4

What Happened

• Herbert Nappier, EVP Finance and CFO of Genuine Parts Co. (GPC), disposed of 887 shares on May 3, 2026 as a tax-withholding/payment related transaction (code F). The shares were valued at $103.52 each, totaling $91,822. This filing reflects a routine withholding/disposition to satisfy tax obligations rather than a discretionary open-market sale for investment purposes.

Key Details

• Transaction date: 2026-05-03; Filing date (Form 4): 2026-05-06.
• Disposed: 887 shares at $103.52 per share; total value reported $91,822.
• Transaction code: F (payment of exercise price or tax liability — shares withheld/disposed to cover taxes).
• Footnote: F1 notes the reporting person’s ending balance was increased by 126 shares to account for dividend accrual.
• Filing timeliness: filed May 6, 2026; the filing itself shows the transaction and related withholding but does not state any special timing exception.

Context

• Code F transactions generally reflect shares withheld or sold to cover taxes after option exercises or restricted stock vesting; they are routine administrative disposals and do not necessarily indicate a change in the insider’s view of the company. Purchases are typically more informative about insider conviction; this transaction appears to be tax-related rather than a directional trade.