Galla Christopher T 4
Research Summary
AI-generated summary
Genuine Parts (GPC) SVP Christopher Galla Sells 268 Shares for Tax
What Happened
- Christopher T. Galla, SVP, General Counsel and Corporate Secretary of Genuine Parts Co. (GPC), had 268 shares disposed on 2026-05-03 to cover a tax liability (transaction code F). The shares were valued at $103.52 each, for a total of $27,743.
Key Details
- Transaction date: 2026-05-03; Filing date: 2026-05-06.
- Shares disposed/withheld: 268 at $103.52 each; total value reported $27,743.
- Footnote: The reporting person’s ending balance was increased by 57 shares to account for shares from dividend accrual (F1).
- Filing timeliness: The form was filed three days after the reported transaction date; this appears to be just after the standard 2-business-day Form 4 window (check the official filing for any attendant disclosures).
Context
- This was a tax-withholding disposition (shares surrendered/withheld to cover taxes), which is routine following option exercises or vesting and is different from an open-market sale. Such withholdings are administrative and do not necessarily signal a change in the insider’s view of the company.