DORM Form 4: VP Bowen Exercises 1,453 Options, Sells 1,453 Shares
Gregory C. Bowen, Vice President and Chief Accounting Officer of Dorman Products, Inc. (DORM), reported paired option exercise and stock sale transactions on 09/12/2025.
Rhea-AI Filing Summary
Gregory C. Bowen, Vice President and Chief Accounting Officer of Dorman Products, Inc. (DORM), reported paired option exercise and stock sale transactions on 09/12/2025. The filing shows an employee stock option with an exercise price of $101.45 was exercised for 1,453 shares (transaction code M) and 1,453 shares were sold (transaction code S) at $162.808. After these transactions the report lists 4,658.9296 shares beneficially owned directly by Mr. Bowen. The option schedule notes the award vested in four equal annual installments beginning March 2, 2022. The Form 4 is signed by Frank J. Mahr by power of attorney on 09/15/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider option exercise and sale by a senior officer, disclosed via Form 4; no new corporate governance issues apparent.
The filing documents standard Section 16 reporting for a VP and Chief Accounting Officer who exercised an employee option and concurrently sold an equal number of shares. The vesting schedule is disclosed as four equal annual installments beginning March 2, 2022, indicating the award is time‑based. Signature by power of attorney is noted, which is common for administrative filings. No indication of unusual timing or related‑party transactions is present in the disclosed text.
TL;DR: Insider exercised options at $101.45 and sold shares at $162.808 on 09/12/2025; transaction size is modest relative to typical market caps.
The report explicitly records an exercise of 1,453 option shares and a sale of 1,453 shares at the stated prices, leaving 4,658.9296 shares beneficially owned. The exercise price and sale price are provided, allowing clear disclosure of proceeds and cost basis for the reported shares. The filing contains no forward guidance or additional compensation changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 1,453 | $101.45 | $147K |
| Exercise | Common Stock | 1,453 | $101.45 | $147K |
| Sale | Common Stock | 1,453 | $162.808 | $237K |
Footnotes (1)
- F1. The option vested in four equal annual installments beginning on March 2, 2022, which was the first anniversary of the date of grant.
FAQ
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Who filed this Form 4 for DORM and what is their role?
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What vesting information is disclosed about the option?
Who signed the Form 4 and when?
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