Genuine Parts (GPC) President Alain Masse Sells 403 Shares

What Happened
Alain Masse, President, N.A. Automotive at Genuine Parts Co. (GPC), had 403 shares disposed on August 1, 2026 to satisfy a payment of exercise price or tax liability. The shares were recorded at $128.52 each for a total value of $51,794. The transaction is coded "F" (payment of exercise price or tax liability), indicating shares were withheld/disposed to cover taxes rather than an open-market investment sale.

Key Details

• Transaction date: 2026-08-01; Filing date: 2026-08-04 (Form 4 accession 0002075110-26-000006).
• Shares disposed: 403 at $128.52 per share; total $51,794.
• Transaction code: F — payment of exercise price or tax liability (shares disposed/withheld).
• Ending balance note: Reporting person’s ending balance was increased by 32 shares to account for a dividend accrual (Footnote F1). The filing does not state a total post-transaction share count.
• No 10b5-1 plan or late-filing flag is indicated in the provided summary.

Context
Disposals coded as tax-withholding (F) are typically routine—shares are often withheld or sold to satisfy tax obligations following option exercises or dividend elections. Such transactions usually reflect tax mechanics rather than a change in the insider’s view of the company.