Director Court D. Carruthers Awarded 41,773 RSUs in Genuine Parts Co
GENUINE PARTS CO
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Filing Summary
📊 Form 4 Filing Alert: Genuine Parts Co ($GPC)
Insider: Court D. Carruthers (Director) Transaction: Grant/Award of 41,773 shares of Common Stock (RSUs) Transaction Date: 2026-09-08 Price per Share: $0.00 Total Value: $0.00 Post-Transaction Ownership: 41,773 shares Significance: Low (Routine Equity Grant)
Comprehensive Analysis
Executive Summary
On September 10, 2026, Genuine Parts Co ($GPC) filed a Form 4 disclosing that Director Court D. Carruthers received two grants of restricted stock units (RSUs) on September 8, 2026, totaling 41,773 shares of Common Stock at $0 per share.
Transaction Details
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First Grant:
- Shares: 11,935 RSUs
- Price: $0.00
- Vesting Terms: Time-based RSUs vesting in equal annual installments on May 1 of 2027, 2028, and 2029.
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Second Grant:
- Shares: 29,838 RSUs
- Price: $0.00
- Vesting Terms: Time-based RSUs vesting in full on the third anniversary of the grant date (September 8, 2029).
Following these transactions, the reporting owner directly holds 41,773 shares.
Market & Trading Significance
- Trading Significance: Low
- Context: The transactions represent routine equity-based director compensation rather than open-market purchases or sales. Because these are unvested RSU awards at zero direct cash cost to the director, they do not provide an immediate directional signal regarding the company's valuation.
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Important Disclaimer
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