Executive awarded 1,293 RSUs at Dorman Products (DORM) in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorman Products, Inc. reported that executive Steven Bashir, President, Heavy Duty, acquired an equity award tied to 1,293 shares of common stock on March 2, 2026. The award is in the form of restricted stock units that will vest in three equal annual installments beginning on March 2, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bashir Steven
Role
President, Heavy Duty
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,293 | $115.93 | $150K |
Holdings After Transaction:
Common Stock — 1,293 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Dorman Products (DORM) report on this Form 4?
Dorman Products reported that executive Steven Bashir received a grant of restricted stock units tied to 1,293 shares of common stock. This equity award was dated March 2, 2026, and reflects a non-open-market, compensatory acquisition rather than a stock purchase or sale.
What type of security was granted to Steven Bashir in the Dorman Products (DORM) Form 4?
The filing describes a grant of restricted stock units linked to Dorman common stock. Restricted stock units are a form of equity compensation that convert into actual shares over time as vesting conditions are met, rather than immediate share ownership on the grant date.
When will Steven Bashir’s restricted stock units from Dorman Products (DORM) vest?
The restricted stock units will vest in three equal annual installments beginning on March 2, 2027. Each year on that schedule, one-third of the 1,293 units becomes deliverable as Dorman common stock, assuming continued satisfaction of the award’s vesting conditions.
Is the Dorman Products (DORM) Form 4 transaction a stock purchase or sale?
The transaction is not a market purchase or sale but a grant of restricted stock units. It is categorized as a grant, award, or other acquisition, providing Bashir with contingent rights to Dorman common shares that vest over a three-year period starting March 2, 2027.