Dorman Products (DORM) director logs 1,254-share transfer, 760,498 shares held directly
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorman Products director Steven L. Berman reported a transfer of 1,254 shares of common stock on December 31, 2025, at a reported price of $0, leaving him with 760,498 shares held directly. In addition, 100,000 shares are held indirectly by a trust for his grandchildren, for which he disclaims beneficial ownership, and 24,281 shares are held indirectly through the company’s 401(k) plan as of that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,254 shares gifted
Mixed
3 txns
Insider
BERMAN STEVEN L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,254 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 760,498 shares (Direct);
Common Stock — 100,000 shares (Indirect, By trust)
Footnotes (1)
- These shares are held in trust for the benefit of the reporting person's grandchildren. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of the shares held by such trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the trust's shares for purposes of Section 16 or for any other purpose. The shares are represented by units held in a unitized stock fund through the Issuer's 401(k) Retirement Plan and Trust. The unitized stock fund of the Issuer's 401(k) Retirement Plan and Trust consists of cash and common stock in amounts that vary from time to time. As of December 31, 2025, the reporting person had 16,341 units in the Issuer's 401(k) Retirement Plan and Trust, which units consisted of 24,281 shares of common stock.
FAQ
What insider transaction did Dorman Products (DORM) director Steven L. Berman report?
Steven L. Berman reported a transfer coded "G" of 1,254 Dorman Products common shares on December 31, 2025, at a price of $0. After this transaction, he directly held 760,498 common shares according to the filing’s ownership table.
What indirect Dorman Products (DORM) holdings are associated with Steven L. Berman?
The filing shows 100,000 Dorman Products shares held indirectly by a trust and 24,281 shares held indirectly through the issuer’s 401(k) plan. The trust shares are for his grandchildren’s benefit, and he disclaims beneficial ownership of those trust-held shares.
What does the trust footnote in Steven L. Berman’s Dorman Products (DORM) Form 4 explain?
The footnote explains that 100,000 shares are held in a trust for his grandchildren, with his spouse as co-trustee. Berman disclaims beneficial ownership of these trust shares and states the report should not be deemed an admission of beneficial ownership for any purpose.
Does Steven L. Berman admit beneficial ownership of all reported Dorman Products (DORM) shares?
No. While he holds 760,498 shares directly, he disclaims beneficial ownership of the 100,000 shares held by the grandchildren’s trust. The remarks also state the filing should not be construed as an admission of beneficial ownership of any reported equity securities.