---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-195442"
form_type: "8-K"
ticker: "GPC"
cik: "0000040987"
company_name: "GENUINE PARTS CO"
filed_at: "2025-09-04T23:59:59+00:00"
generated_at: "2026-05-17T08:23:50.211727+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genuine Parts reaches cooperation with Elliott, adds two directors, awards retention RSUs

## Summary
- Appointed Matt Carey (former Home Depot CIO) and Court Carruthers (ex-TricorBraun CEO) to board; directors Holder and Loudermilk retired.
- Cooperation agreement with Elliott includes standstill, voting commitments, and information-sharing until Sept 2026.
- Board approved $3M RSU retention grant to CEO Stengel and $1.5M each to CFO, CIO, and GC; cliff vest in 3 years.
- Adopted severance agreement: 2x salary+bonus for CEO, 1.5x for other NEOs on non-CIC termination; includes non-compete.
- Company plans Investor Day in 2026; Elliott states current share price does not reflect true value of businesses.

## SEC filing metadata
- accession: 0001193125-25-195442
- form_type: 8-K
- ticker: GPC
- cik: 0000040987
- company_name: GENUINE PARTS CO
- filed_at: 2025-09-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40987/000119312525195442/0001193125-25-195442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40987/000119312525195442/d28129d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-195442
- JSON: https://secwatch.observer/filing/0001193125-25-195442.json
- Plain text: https://secwatch.observer/filing/0001193125-25-195442.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.