Dorman (NASDAQ: DORM) VP Gregory Bowen gets RSU grant; shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorman Products, Inc. executive Gregory C. Bowen reported routine equity compensation activity involving company common stock. On June 1, 2026, he acquired 215 shares through a grant of restricted stock units at a reference price of $115.93 per share, increasing his direct holdings to 5,354.3428 shares.
The restricted stock units represent a contingent right to receive shares and will vest in three equal annual installments beginning on March 2, 2027. On June 2, 2026, 76 shares were withheld at $125.83 per share to satisfy tax withholding obligations upon vesting, a non-market disposition treated as a sale under Section 16 rules. After these transactions, Bowen directly holds 5,278.3428 shares of Dorman common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bowen Gregory C.
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 76 | $125.83 | $10K |
| Grant/Award | Common Stock | 215 | $115.93 | $25K |
Holdings After Transaction:
Common Stock — 5,278.343 shares (Direct, null)
Footnotes (1)
- 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. 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.
Key Figures
RSU grant shares: 215 shares
RSU grant reference price: $115.93/share
Shares withheld for taxes: 76 shares
+4 more
7 metrics
RSU grant shares
215 shares
Restricted stock unit grant on June 1, 2026 at $115.93
RSU grant reference price
$115.93/share
Grant/award acquisition of common stock
Shares withheld for taxes
76 shares
Tax-withholding disposition on June 2, 2026 at $125.83
Tax withholding price
$125.83/share
Value used for shares withheld for tax obligations
Holdings after grant
5,354.3428 shares
Direct common stock holdings after June 1, 2026 RSU grant
Holdings after tax withholding
5,278.3428 shares
Direct common stock holdings after June 2, 2026 withholding
RSU vesting schedule
3 equal annual installments
Beginning March 2, 2027 for granted restricted stock units
Key Terms
restricted stock units, tax withholding obligations, Section 16 of the Securities Exchange Act of 1934, disposition of securities, +1 more
5 terms
restricted stock units financial
"Grant of restricted stock units representing a contingent right to receive shares of Dorman common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"These shares were withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations."
Section 16 of the Securities Exchange Act of 1934 regulatory
"Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended."
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
disposition of securities financial
"Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended."
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
FAQ
What insider transactions did Dorman (DORM) report for Gregory C. Bowen?
Gregory C. Bowen reported a grant of 215 restricted stock units and a tax-withholding disposition of 76 shares. The grant increased his holdings, while shares were later withheld to cover taxes tied to vesting.
Was the Dorman (DORM) insider transaction an open-market buy or sell?
The filing shows no open-market buy or sell. Shares were acquired via a restricted stock unit grant and 76 shares were withheld by the company for tax obligations, a non-market disposition under Section 16 rules.
What are the vesting terms of Gregory C. Bowen’s Dorman (DORM) restricted stock units?
The restricted stock units granted to Gregory C. Bowen will vest in three equal annual installments beginning on March 2, 2027. Each vesting date converts a portion of the units into Dorman common shares, subject to tax withholding.