8-K
GENUINE PARTS CO (GPC)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
August 16, 2021
Date of Report (date of earliest event reported)
GENUINE PARTS COMPANY
(Exact name of registrant as specified in its charter)
| GA | 001-05690 | 58-0254510 | |
|---|---|---|---|
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | |
| 2999 WILDWOOD PARKWAY, | |||
| ATLANTA, | GA | 30339 | |
| (Address of principal executive offices) | (Zip Code) |
(678) 934-5000
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CF.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $1.00 par value per share | GPC | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On August 16, 2021, the Board of Directors of the Company declared a regular quarterly cash dividend of eighty-one and one-half cents ($0.815) per share on the Company’s common stock. The dividend is payable on October 1, 2021 to shareholders of record on September 3, 2021.
The Company also announced that Kristy G. Whitehurst was appointed Vice President of Employee Benefits. Ms. Whitehurst has served the Company for 14 years, most recently as Senior Director for Retirement, Disability and Rewards for the last four years. In her expanded role, Ms. Whitehurst will lead the Company’s comprehensive employee benefits programs and drive our long-term benefits strategy.
A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description |
|---|---|
| 99.1 | Press Release dated August 16, 2021 |
| 104 | The cover page from this current report on Form 8-K, formatted in inline XBRL |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Genuine Parts Company | ||
|---|---|---|
| August 16, 2021 | By: | /s/ Carol B. Yancey |
| Name: Carol B. Yancey | ||
| Title: Executive Vice President and CFO |
Document
| www.genpt.com |
|---|
News Release
August 16, 2021
FOR IMMEDIATE RELEASE
Genuine Parts Company Announces Officer Change and Declares Regular Quarterly Dividend
ATLANTA – Genuine Parts Company (NYSE: GPC) announced today that Kristy G. Whitehurst was appointed Vice President of Employee Benefits. Ms. Whitehurst has served the Company for 14 years, most recently serving as Senior Director for Retirement, Disability and Rewards for the last four years. In her expanded role, Ms. Whitehurst will lead GPC’s comprehensive employee benefits programs and drive our long-term benefits strategy.
Will Stengel, President, commented, “Kristy is an expert in the field of employee benefits and well deserving of her new and expanded role. Her experience further strengthens our leadership team, and we look forward to Kristy’s future contributions to GPC.”
Genuine Parts Company also announced today its Board of Directors declared a regular quarterly cash dividend of eighty-one and one-half cents ($0.815) per share on the Company’s common stock.
The dividend is payable October 1, 2021 to shareholders of record September 3, 2021.
About Genuine Parts Company
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The Company's Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the United Kingdom, Germany, Poland, the Netherlands and Belgium. The Company's Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. In total, the Company serves its global customers from an extensive network of more than 10,000 locations in 14 countries. Genuine Parts Company had 2020 revenues of $16.5 billion. Further information is available at www.genpt.com.
| Investor contact: | Media contact: |
|---|---|
| Sid Jones 678.934.5628 | Heather Ross 678.934.5220 |
| Senior Vice President, Investor Relations | Senior Director, Strategic Communications |
Source: Genuine Parts Company