Dorman Products (DORM) CEO awarded 17,251 RSUs, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorman Products, Inc. reported that President and CEO Kevin M. Olsen had shares of common stock withheld by the company to cover taxes upon vesting of restricted stock units and received a new equity award. On March 2, 2026, Olsen had 508 and 715 shares of common stock treated as dispositions for tax-withholding purposes. He was also granted 17,251 restricted stock units, representing a contingent right to receive Dorman common shares, which will vest in three equal annual installments beginning on March 2, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Olsen Kevin M.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 508 | $115.93 | $59K |
| Tax Withholding | Common Stock | 715 | $115.93 | $83K |
| Grant/Award | Common Stock | 17,251 | $115.93 | $2.00M |
Holdings After Transaction:
Common Stock — 87,397.028 shares (Direct)
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. Grant of restricted stock units representing a contingent right to receive shares of Dorman common stock. The restricted stock units will vest in three equal annual installments beginning on March 2, 2027, which is the first anniversary of the date of grant.
FAQ
What insider transactions did DORM CEO Kevin Olsen report on March 2, 2026?
Kevin Olsen reported tax-withholding dispositions and an equity grant. A total of 508 and 715 Dorman common shares were withheld to satisfy tax obligations, and he was granted 17,251 restricted stock units that vest in three equal annual installments starting March 2, 2027.
What equity award did DORM grant to CEO Kevin Olsen in March 2026?
Dorman granted Kevin Olsen 17,251 restricted stock units on March 2, 2026. These units represent a contingent right to receive Dorman common stock and will vest in three equal annual installments beginning March 2, 2027, subject to the award’s vesting terms.
How will Kevin Olsen’s 17,251 DORM restricted stock units vest over time?
The 17,251 restricted stock units will vest in three equal annual installments. Vesting begins on March 2, 2027, the first anniversary of the grant date, with additional equal installments on the following two anniversaries, assuming the applicable vesting conditions are satisfied.