Dorman Products, Inc. officer Joseph P. Braun, SVP and General Counsel, exercised employee stock options on September 14, 2026 to acquire 4,708 shares of common stock at an exercise price of $84.93 per share. Of the shares acquired, 3,159 shares were withheld to cover the exercise price and withholding tax obligations, leaving Braun with 2,989 stock options remaining after the transaction. No Rule 10b5-1 trading plan is reported for these transactions.
Dorman Products, Inc. (DORM) reported that its president and CEO, Kevin M. Olsen, who is also a director, exercised stock options on September 9, 2026 to acquire common shares. He exercised options for 4,749 shares at $82.03 per share and 11,697 shares at $61.68 per share, receiving the same number of common shares. A total of 11,923 common shares were withheld to cover the exercise price and withholding tax obligations related to these option exercises. No transactions were reported as made under a Rule 10b5-1 trading plan.
Dorman Products, Inc. (DORM) reported that Kathleen Pacheco, President, Specialty Vehicle, had 201 shares of common stock withheld on September 3, 2026 to satisfy tax withholding obligations upon the vesting of restricted stock units, which is treated as a disposition under Section 16.
After this tax-withholding event and including 49.66 shares acquired under Dorman's employee stock purchase plan on June 30, 2026, Pacheco now holds 4,375.1905 shares of Dorman common stock directly. No Rule 10b5-1 trading plan is reported.
Dorman Products, Inc. (DORM) reported an insider transaction by Donna M. Long, its Senior Vice President and Chief Information Officer. Long sold 734 shares of common stock on August 17, 2026 at a price of $135.21 per share, in a transaction reported as a sale in the open market or a private transaction. After this sale, she directly holds 19,338.8738 shares of Dorman Products common stock. The sale was made under a Rule 10b5-1 trading arrangement that she adopted on August 20, 2025.
Dorman Products, Inc. filed a notice of proposed sale of 734 shares of common stock of DORM through Fidelity Brokerage Services LLC on NASDAQ, with an indicated value of $99,244.14. The filing also lists upcoming issuances from restricted stock vesting awards of 496 shares on February 28, 2025 and 238 shares on March 4, 2025 as compensation-related stock. The section covering securities sold during the past three months does not list any transactions.
Bowen Gregory C., VP and Chief Accounting Officer of Dorman Products, reported exercising employee stock options for 3,531 shares of common stock on August 5, 2026 at exercise prices of $96.36 and $91.28 per share, then selling 3,531 shares at $145.23 and $144.72 per share. The related options vest in four equal annual installments beginning on March 2, 2023 and March 2, 2024.
Dorman Products reported higher profitability on slightly increased sales for the quarter ended June 27, 2026. Net sales were $544,598 (in thousands), up 0.7% year over year, while net income rose to $87,771 and diluted EPS to $2.93, driven largely by $98.1 million in IEEPA tariff refunds and related interest that expanded gross margin by 550 basis points to 46.1%.
All three segments benefited from lower net tariff costs, with Heavy Duty net sales up 6.8% and segment income margins improving in Light Duty, Heavy Duty, and Specialty Vehicle. Operating cash flow increased to $196,381 (in thousands), aided by tariff refunds and inventory reductions, lifting cash and cash equivalents to $131,982 (in thousands). The company refinanced its capital structure by issuing $450.0 million of 6.25% senior notes due 2034 and securing an $800.0 million revolving credit facility, while repurchasing 816,213 shares for $96,471 (in thousands), leaving $362.9 million available under its buyback authorization.
Dorman Products reported second-quarter 2026 net sales of $544.6 million, up 0.7% from $541.0 million a year earlier. Gross profit increased to $251.2 million, or 46.1% of sales, versus 40.6%, lifting income from operations to $116.2 million and net income to $87.8 million. Diluted EPS was $2.93, up 53% from $1.91, and adjusted diluted EPS was $3.08, up 50%.
Results and cash flow benefited from IEEPA tariff cost recovery. Operating cash flow rose to $152.6 million in the quarter and $196.4 million year-to-date; the company repurchased $47 million of shares and ended June 27, 2026 with $132.0 million of cash and $440.5 million of long-term debt. Management now expects full-year 2026 net sales growth of 3%–5%, diluted EPS of $7.93–$8.23, and adjusted diluted EPS of $8.50–$8.80, assuming a 23.5% tax rate and tariffs enacted as of August 3, 2026.
Dorman Products, Inc. entered into major financing transactions. The company issued $450,000,000 of 6.250% senior notes due June 15, 2034, paying interest semi-annually starting December 15, 2026. The notes are senior unsecured obligations guaranteed by certain wholly owned subsidiaries and include optional redemption features and a change of control repurchase at 101% of principal plus accrued interest.
Dorman also amended its credit agreement, replacing the prior revolving facility with a new $800,000,000 five-year revolving credit facility maturing June 16, 2031, and repaid all outstanding term loans using proceeds from the notes. The amended facility is secured by substantially all personal property of the company and key domestic subsidiaries and includes financial covenants, including a maximum consolidated secured net leverage ratio of 3.50 to 1.00 (temporarily 4.00 to 1.00 after certain acquisitions) and a minimum consolidated interest coverage ratio of 2.00 to 1.00.