Dorman Products (DORM) director granted 1,344 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bachmann Lisa M reported acquisition or exercise transactions in this Form 4 filing.
Dorman Products, Inc. director Lisa M. Bachmann received an equity award of 1,344 shares of Common Stock, valued at $122.71 per share. These restricted stock units will vest in full on the earlier of the first anniversary of the grant date or the Company’s next annual meeting of shareholders. Following this grant, she holds 8,208 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bachmann Lisa M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,344 | $122.71 | $165K |
Holdings After Transaction:
Common Stock — 8,208 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,344 shares
Grant valuation price: $122.71 per share
Post-grant holdings: 8,208 shares
3 metrics
RSU grant size
1,344 shares
Restricted stock units awarded to director
Grant valuation price
$122.71 per share
Value per share for RSU grant
Post-grant holdings
8,208 shares
Total common shares held directly after grant
Key Terms
restricted stock units, contingent right, vest in full, annual meeting of shareholders
4 terms
restricted stock units financial
"Grant of restricted stock units representing a contingent right to receive shares"
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.
contingent right financial
"representing a contingent right to receive shares of Dorman common stock"
vest in full financial
"The restricted stock units will vest in full on the earlier of the first anniversary"
FAQ
What insider transaction did Dorman Products (DORM) director Lisa Bachmann report?
Lisa M. Bachmann reported receiving a grant of 1,344 restricted stock units of Dorman Products common stock. The award is a compensation-related acquisition, not an open-market purchase or sale, and increases her direct holdings to 8,208 shares after the grant.
At what price were the Dorman Products (DORM) restricted stock units granted to Lisa Bachmann valued?
The 1,344 restricted stock units granted to Lisa M. Bachmann were valued at $122.71 per share. This price reflects the award valuation used in the Form 4, providing a reference amount for the equity portion of her director compensation.
When do Lisa Bachmann’s Dorman Products (DORM) restricted stock units vest?
The restricted stock units will vest in full on the earlier of the first anniversary of the grant date or the date of Dorman Products’ next annual meeting of shareholders. This single vesting date structure links the award to the company’s annual governance cycle.
Is Lisa Bachmann’s Dorman Products (DORM) Form 4 transaction an open-market buy or sell?
The Form 4 reports a grant or award acquisition, coded as “A,” not an open-market buy or sell. It represents restricted stock units granted as compensation, rather than shares purchased or sold in market transactions by the director.
What type of security was granted to Dorman Products (DORM) director Lisa Bachmann?
The award is a grant of restricted stock units representing a contingent right to receive Dorman common stock. These units convert into shares upon vesting, providing equity-based compensation aligned with the company’s performance and shareholder interests.