[144] Dorman Products, Inc. SEC Filing
Dorman Products, Inc. (DORM) Form 144 notice: An owner proposes to sell 72,000 shares of common stock through Merrill Lynch (Blue Bell, PA). The filing lists an aggregate market value of $11,346,000 and identifies the approximate sale date as 09/16/2025 on NASDAQ. The shares were originally acquired on 01/29/1987 as founder stock in exchange for an ownership interest in a partnership, with equity as the payment type. The filing also records a past sale of 72,000 shares by "S BERMAN 2005 TRUST" on 06/17/2025 for gross proceeds of $9,900,000. The filer attests they are not aware of undisclosed material adverse information.
- Regulatory compliance: The filer submitted a Form 144 disclosing the proposed sale, showing adherence to resale disclosure requirements
- Clear provenance: Acquisition date and nature (founder stock exchange on 01/29/1987) are provided, helping trace the shares' origin
- Insider/affiliate sale: The filing reports a proposed sale of 72,000 shares by an affiliate, which may be viewed negatively by some investors
- Limited issuer information: The Form 144 contains no operational or financial details about Dorman Products, so it does not inform on company performance
Insights
TL;DR: Insider-related sale notice for 72,000 shares; disclosure shows historical founder acquisition and a recent trust sale.
The Form 144 documents a proposed sale of 72,000 common shares via Merrill Lynch with an aggregate market value reported at $11,346,000 and an approximate sale date of 09/16/2025. The shares trace to a founder-stock acquisition on 01/29/1987 paid in equity. The filing also lists a prior sale by S BERMAN 2005 TRUST of 72,000 shares on 06/17/2025 for $9,900,000. This is a routine Rule 144 disclosure showing compliance with resale rules for restricted or control securities; it provides limited operational or financial information about the issuer itself.
TL;DR: Form 144 is a required disclosure for proposed insider or affiliate sales; it documents provenance and trading logistics without operational detail.
The notice specifies the seller relationship indirectly through acquisition history (founder stock exchanged for partnership interest) and identifies the broker and proposed exchange. The attestation that no undisclosed material adverse information exists is standard. The filing does not include management changes, financial results, or other governance actions.