Dorman SVP reports RSU vesting and tax share withholding
Dorman Products, Inc. senior vice president and CIO Donna M. Long reported equity compensation activity involving the company’s common stock.
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Rhea-AI Filing Summary
Dorman Products, Inc. senior vice president and CIO Donna M. Long reported equity compensation activity involving the company’s common stock. She acquired 2,715 shares as a grant or award, representing the settlement of performance-based restricted stock units granted in fiscal 2023 for the 2023–2025 performance cycle.
To cover related tax withholding obligations upon vesting, 1,230 shares were disposed of through share withholding at a price of $127.73 per share, which is treated as a disposition under Section 16 but does not represent an open-market sale. After these transactions, her directly owned stake was 19,340.8738 shares.
Insights
Routine equity vesting with tax withholding; no open‑market trading.
The transactions reflect standard executive compensation mechanics at Dorman Products, Inc.. Donna M. Long received 2,715 shares from settlement of performance-based restricted stock units for the 2023–2025 cycle, reinforcing equity-linked pay without cash outlay.
To satisfy tax obligations triggered by vesting, 1,230 shares were withheld at $127.73 per share, classified as a disposition under Section 16. Because these are tax-withholding shares rather than an open-market sale, the economic signal is limited and consistent with routine equity administration.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,715 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,230 | $127.73 | $157K |
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
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What insider transactions did Dorman Products (DORM) report for Donna M. Long?
Was the Form 4 for Dorman Products (DORM) an open-market stock sale?
What equity award did Donna M. Long receive from Dorman Products (DORM)?
AI-generated analysis. How Rhea-AI works. Not financial advice.