Dorman Products (NASDAQ: DORM) executive has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorman Products, Inc. reported that Kathleen Pacheco, President, Specialty Vehicle, had 142 shares of common stock withheld on tax-withholding disposition in connection with the vesting of restricted stock units. The shares were withheld by the issuer at $116.22 per share, leaving her with 4,642.5305 directly owned shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pacheco Kathleen
Role
President, Specialty Vehicle
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 142 | $116.22 | $17K |
Holdings After Transaction:
Common Stock — 4,642.531 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DORM executive Kathleen Pacheco report?
Kathleen Pacheco reported a tax-withholding disposition of 142 shares of Dorman Products common stock. The issuer withheld these shares upon vesting of restricted stock units to satisfy her tax withholding obligations, which is treated as a disposition under Section 16 rules.
What does transaction code F mean in Kathleen Pacheco’s DORM Form 4?
Transaction code F indicates a tax-withholding disposition where shares are delivered to satisfy tax or exercise costs. In this case, Dorman Products withheld 142 shares upon restricted stock unit vesting to cover Kathleen Pacheco’s tax obligations, which must be reported as a disposition under Section 16.