Dorman Products (DORM) executive reports tax share withholding transaction
Rhea-AI Filing Summary
Dorman Products, Inc. Senior Vice President, Product, Eric Luftig reported a routine tax-related share withholding. On January 3, 2026, 164 shares of Dorman common stock were withheld by the company when restricted stock units vested, in order to cover his tax withholding obligations. The transaction was recorded at a price of $124.10 per share and is treated as a disposition under Section 16 rules, even though it reflects a tax payment rather than an open-market sale. After this event, Luftig beneficially owned 7,985.8476 Dorman shares, which the disclosure notes includes an additional 192.9757 shares acquired through the company’s employee stock purchase plan since his prior Form 4 filing.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 164 | $124.10 | $20K |
Footnotes (1)
- These shares were withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended. The amount shown includes an additional 192.9757 shares of Dorman common stock that have been acquired by the Reporting Person under Dorman's employee stock purchase plan since the Reporting Person's last Form 4 filing.
FAQ
What insider transaction did DORM Senior Vice President Eric Luftig report?
Eric Luftig, Senior Vice President, Product at Dorman Products, Inc. (DORM), reported that 164 shares of common stock were withheld on January 3, 2026 to satisfy tax withholding obligations upon the vesting of restricted stock units.
Was the DORM insider transaction an open-market sale by Eric Luftig?
No. The filing states that the 164 shares were withheld by the issuer to cover Luftig’s tax withholding obligations when restricted stock units vested, which is treated as a disposition under Section 16 but is not an ordinary open-market sale.
What does transaction code "F" mean in Eric Luftig’s DORM Form 4?
Transaction code "F" indicates that the shares were withheld to pay taxes in connection with the vesting of equity awards, rather than bought or sold in the market.
Is Eric Luftig’s ownership in DORM reported as direct or indirect?
The filing shows that Luftig’s 7,985.8476 Dorman shares are held as direct (D) ownership, with no separate indirect ownership entity noted.