Dorman exec gets stock award, shares withheld for tax
Dorman Products, Inc. executive Eric Luftig reported stock-based compensation activity.
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Rhea-AI Filing Summary
Dorman Products, Inc. executive Eric Luftig reported stock-based compensation activity. He acquired 2,036 shares of common stock at no cost through the settlement of performance-based restricted stock units granted for the 2023–2025 performance cycle. On the same date, 919 shares were withheld at a price of $127.73 per share to cover his tax withholding obligations, treated as a disposition under Section 16 rules. Following these transactions, he directly owned 9,102.8476 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,036 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 919 | $127.73 | $117K |
Footnotes (2)
- F1. Represents the settlement of performance-based restricted stock units granted in fiscal 2023 for the 2023-2025 performance cycle.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Eric Luftig report at Dorman Products (DORM)?
Was the Dorman Products (DORM) Form 4 transaction an open-market purchase or sale?
What do the performance-based RSUs in Dorman Products (DORM) Form 4 represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.