Dorman Products (DORM) director awarded 1,344 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RILEY RICHARD T reported acquisition or exercise transactions in this Form 4 filing.
Dorman Products, Inc. director Richard T. Riley reported receiving a grant of 1,344 shares of common stock as restricted stock units valued at $122.71 per share. This is a compensation-related award, not an open-market purchase or sale. Following the grant, he directly holds 30,312 shares. The restricted stock units will vest in full on the earlier of the first anniversary of the grant date or the date of the company’s next annual meeting of shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RILEY RICHARD T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,344 | $122.71 | $165K |
Holdings After Transaction:
Common Stock — 30,312 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,344 shares
Grant value per share: $122.71 per share
Post-transaction holdings: 30,312 shares
3 metrics
RSU grant size
1,344 shares
Restricted stock units granted to director on transaction date
Grant value per share
$122.71 per share
Value used for the restricted stock unit grant
Post-transaction holdings
30,312 shares
Total common shares directly held after the grant
Key Terms
restricted stock units, contingent right, annual meeting of shareholders
3 terms
restricted stock units financial
"Grant of restricted stock units representing a contingent right to receive shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"representing a contingent right to receive shares of Dorman common stock"
FAQ
What insider transaction did Richard T. Riley report for DORM?
Richard T. Riley reported an award of 1,344 restricted stock units of Dorman Products common stock. The grant reflects compensation, not an open-market trade, and increases his direct holdings to 30,312 shares following the transaction.
Was the DORM Form 4 transaction a stock purchase or sale?
The transaction was neither a market purchase nor a sale. It was an acquisition coded "A" on Form 4, representing a grant of restricted stock units awarded as compensation rather than a voluntary buy or sell in the open market.
At what value was Richard T. Riley’s DORM stock grant recorded?
The grant of 1,344 restricted stock units was recorded at $122.71 per share. This price reflects the grant value used in the Form 4 disclosure and is not described as an open-market purchase price in the filing.
When will Richard T. Riley’s Dorman restricted stock units vest?
The restricted stock units will vest in full on the earlier of the first anniversary of the grant date or the date of Dorman Products’ next annual meeting of shareholders, according to the footnote describing the contingent vesting terms.