Genuine Parts Co Director Richard Cox Jr. Acquires Phantom Stock via Deferral Plan
GENUINE PARTS CO
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Filing Summary
# Genuine Parts Co ($GPC) - Form 4 Filing
**Insider:** Cox Richard JR (Director)
**Transaction:** Acquisition of 197 shares of Phantom Stock @ $127.17 ($25,052.49)
**Date:** 2026-10-02
**Post-Transaction Ownership:** 5,825 shares
**Significance:** Low (Routine Director Compensation Deferral)
Comprehensive Analysis
Executive Summary
On October 5, 2026, Genuine Parts Co ($GPC) reported that Director Richard Cox Jr. acquired 197 shares of phantom stock on October 2, 2026. The acquisition occurred at a price of $127.17 per share, representing an aggregate value of approximately $25,052.49. Following this transaction, Director Cox holds 5,825 shares of phantom stock directly.
Transaction Structure
- Security: Phantom Stock (each share is the economic equivalent of one share of GPC common stock).
- Nature of Acquisition: Transaction Code 'A' indicating an award, grant, or acquisition pursuant to the reporting person's prior deferral election for director fees/compensation.
- Settlement Terms: Payable in cash or common stock at the election of the reporting person pursuant to deferral plan rules.
- Additional Holdings Note: Post-transaction balance includes 47 shares acquired through the company's dividend reinvestment plan.
Market Impact & Significance
This transaction carries Low informational significance. It represents a routine, scheduled deferral of director compensation into phantom stock rather than an open-market discretionary purchase or sale. While it demonstrates ongoing alignment with shareholder interests, it does not signal independent market timing sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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