Dorman Products (DORM) CFO reports stock award and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorman Products, Inc. senior vice president and CFO David Hession reported equity compensation and related tax withholding in company stock. He acquired 4,072 shares of common stock at no cost through the settlement of performance-based restricted stock units granted for the 2023–2025 performance cycle. To cover tax withholding on the vesting, 1,889 shares were withheld by the company at a price of $127.73 per share, which is treated as a disposition under securities rules. After these transactions, he directly held 8,017.358 shares of Dorman Products common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hession David
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,072 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,889 | $127.73 | $241K |
Holdings After Transaction:
Common Stock — 9,906.358 shares (Direct)
Footnotes (1)
- Represents the settlement of performance-based restricted stock units granted in fiscal 2023 for the 2023-2025 performance cycle. The amount reported includes 112.2087 shares acquired by the Reporting Person under Dorman's employee stock purchase plan on June 30, 2025 and 83.5130 shares acquired by the Reporting Person under Dorman's employee stock purchase plan on December 31, 2025. 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
What insider transactions did Dorman Products (DORM) CFO David Hession report?
Dorman Products CFO David Hession reported an equity award and related tax withholding. He received 4,072 common shares from performance-based restricted stock units, while 1,889 shares were withheld by the company at $127.73 per share to satisfy tax obligations.
What type of equity award did Dorman Products (DORM) grant to its CFO?
The CFO’s transaction reflects settlement of performance-based restricted stock units granted in fiscal 2023 for the 2023–2025 performance cycle. When performance conditions were met and units vested, they converted into 4,072 shares of common stock at no purchase price.