Masse Alain 4
4 · GENUINE PARTS CO · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Genuine Parts (GPC) Alain Masse Receives RSUs, Sells Shares for Taxes
What Happened
- Alain Masse, President, N.A. Automotive for Genuine Parts Co. (GPC), was granted 6,765 restricted stock units (RSUs) on May 1, 2026 (5,715 + 1,050 shares; grant price $0.00). On the same date, 1,096 shares were surrendered/disposed to satisfy tax withholding obligations (329, 502 and 265 shares) at $104.99 per share, resulting in proceeds/withheld value of $115,069 ($34,542 + $52,705 + $27,822).
- The grants are awards (not open-market purchases). The share disposals are tax-withholding transactions (routine, not necessarily a directional market bet).
Key Details
- Transaction date: May 1, 2026; Filing date: May 5, 2026 (filed four days after the transactions; may be late relative to the 2-business-day Form 4 requirement).
- Prices and totals: awards at $0.00 (RSUs); withholding disposals at $104.99/share for a total of $115,069.
- Transaction codes: A = grant/award; F = payment of exercise price or tax liability (share withholding).
- Shares surrendered for tax withholding: 1,096 shares total (329 + 502 + 265).
- Shares granted: 6,765 RSUs total (5,715 + 1,050). Filing notes: F3 indicates some shares were issued in settlement of PRSUs earned and vested under a PRSU awarded May 1, 2023; F1 notes a time‑based RSU grant vesting in equal annual installments over three years.
- Dividend accrual adjustments: the reporting person’s ending balance was increased by 26 shares (F2) and 48 shares (F4) to reflect dividend accruals.
- Ending share balance after these transactions is not specified in the provided summary of the filing.
Context
- The awards are equity compensation (RSUs/PRSUs). The disposals labeled F reflect withholding/surrender of shares to cover tax obligations (a common, administrative step when awards vest). This is not the same as an open-market sale for investment purposes.
- No 10b5-1 plan or other trading plan is identified in the provided notes.
Insider Transaction Report
Form 4
Masse Alain
President, N.A. Automotive
Transactions
- Award
Common Stock
[F1]2026-05-01+5,715→ 25,429 total - Tax Payment
Common Stock
[F2]2026-05-01$104.99/sh−329$34,542→ 25,126 total - Award
Common Stock
[F3]2026-05-01+1,050→ 26,176 total - Tax Payment
Common Stock
2026-05-01$104.99/sh−502$52,705→ 25,674 total - Tax Payment
Common Stock
[F4]2026-05-01$104.99/sh−265$27,822→ 25,457 total
Footnotes (4)
- [F1]Reflects a grant of time-based RSUs that vests in equal annual installments on the first three anniversaries of the grant date.
- [F2]The Reporting Person's ending balance has been increased by 26 shares to account for shares from dividend accrual.
- [F3]Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on May 1, 2023.
- [F4]The Reporting Person's ending balance has been increased by 48 shares to account for shares from dividend accrual.
Signature
/s/ Chris Galla, Attorney in Fact|2026-05-05