Galla Christopher T 4

What Happened
Christopher T. Galla, Senior Vice President, General Counsel and Corporate Secretary of Genuine Parts Co. (GPC), received two equity awards on May 1, 2026 totaling 4,617 shares (3,810 + 807) as stock awards/settlements. To satisfy tax withholding obligations on vested awards, 715 shares were withheld/disposed (349 + 239 + 127) at $104.99 per share, yielding proceeds of $75,069.

Key Details

• Transaction date: 2026-05-01; Form filed: 2026-05-05 (filed within required two business days).
• Awards: 3,810 RSUs and 807 RSUs granted/issued (reported at $0.00 acquisition price).
• Tax withholding (dispositions): 349 shares ($36,642), 239 shares ($25,093), 127 shares ($13,334) — all at $104.99 per share, total $75,069.
• Shares withheld total: 715. Shares awarded total: 4,617.
• Ending-balance note: Filing indicates the reporting person’s ending balance was increased by 39 shares (F2) and 37 shares (F4) to account for dividend accruals (total +76 shares); the excerpt does not state the overall post-transaction total shareholdings.
• Footnotes: F1 = time‑based RSUs vesting in equal annual installments over three years; F3 = settlement of PRSUs (performance RSUs) granted May 1, 2023. F2/F4 = dividend accrual adjustments.
• Transaction code F indicates share disposition to satisfy tax withholding (routine), not an open-market sale for investment.

Context
These entries reflect routine equity compensation activity: time-/performance-based restricted stock units that vested or were settled, with a portion of shares withheld to cover taxes. This is not an opportunistic open‑market sale or a cash purchase — withholding for taxes is a standard administrative step and does not necessarily signal a change in insider sentiment.