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Dorman Products (DORM) CEO logs stock award and tax-share withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dorman Products, Inc. President and CEO Kevin M. Olsen reported equity compensation and related tax withholding transactions in company common stock. On February 19, 2026, he acquired 21,727 shares through the settlement of performance-based restricted stock units granted for the 2023-2025 performance cycle. On the same date, 9,464 shares were withheld by the company to cover his tax obligations upon vesting, which is treated as a disposition under securities rules. Following these transactions, he directly owned 87,905.0283 shares of Dorman common stock, which includes 195.46130 shares acquired under the employee stock purchase plan since his last Form 4.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Olsen Kevin M.

(Last) (First) (Middle)
C/O DORMAN PRODUCTS, INC.
3400 EAST WALNUT STREET

(Street)
COLMAR PA 18915

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dorman Products, Inc. [ DORM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/19/2026 A 21,727(1) A $0 97,369.0283(2) D
Common Stock 02/19/2026 F 9,464(3) D $127.73 87,905.0283 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the settlement of performance-based restricted stock units granted in fiscal 2023 for the 2023-2025 performance cycle.
2. The amount reported includes 195.46130 shares of Dorman common stock acquired by the Reporting Person under Dorman's employee stock purchase plan since the date of the Reporting Person's last Form 4.
3. 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.
Remarks:
The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.
/s/ Frank J. Mahr, by Power of Attorney 02/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Dorman Products (DORM) CEO Kevin Olsen report?

Kevin Olsen reported an equity award settlement and tax-related share withholding. He acquired 21,727 common shares from performance-based restricted stock units, while 9,464 shares were withheld by Dorman Products to cover tax obligations associated with the vesting on February 19, 2026.

How many Dorman Products (DORM) shares does CEO Kevin Olsen own after this Form 4?

After these transactions, Kevin Olsen directly owned 87,905.0283 Dorman common shares. This total includes 195.46130 shares acquired through Dorman’s employee stock purchase plan since his prior Form 4 insider ownership report.

What was the nature of the 21,727-share acquisition by DORM’s CEO?

The 21,727-share acquisition represents settlement of performance-based restricted stock units granted in fiscal 2023. These units related to Dorman Products’ 2023-2025 performance cycle and were delivered as common stock to Kevin Olsen on February 19, 2026.

Why were 9,464 Dorman Products (DORM) shares disposed of in this Form 4?

The 9,464 shares were withheld by Dorman Products to satisfy Kevin Olsen’s tax withholding obligations upon vesting of restricted stock units. Under Section 16 rules, this share withholding is classified as a disposition of securities for reporting purposes.

Did Dorman Products (DORM) CEO buy or sell shares on the open market?

The filing shows no open-market purchases or sales. Reported transactions are an equity award settlement and shares withheld by Dorman Products for tax obligations, both reflected as non-derivative common stock movements for Kevin Olsen.
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