Director Steven Berman’s tax-withheld Dorman (DORM) shares detailed in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorman Products director Steven L. Berman reported a small tax-related share disposition. On March 2, 2026, 55 shares of common stock were withheld at $115.93 per share to satisfy tax withholding obligations upon vesting of restricted stock units, which is treated as a disposition under Section 16.
After this, he held 760,443 shares directly. A trust for his grandchildren held 100,000 shares, for which he disclaims beneficial ownership, and his 401(k) units represented 24,429 shares of common stock as of March 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
BERMAN STEVEN L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 55 | $115.93 | $6K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 760,443 shares (Direct);
Common Stock — 100,000 shares (Indirect, By trust)
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. These shares are held in trust for the benefit of the reporting person's grandchildren. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of the shares held by such trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the trust's shares for purposes of Section 16 or for any other purpose. The shares are represented by units held in a unitized stock fund through the Issuer's 401(k) Retirement Plan and Trust. The unitized stock fund of the Issuer's 401(k) Retirement Plan and Trust consists of cash and common stock in amounts that vary from time to time. As of March 2, 2026, the reporting person had 16,341 units in the Issuer's 401(k) Retirement Plan and Trust, which units consisted of 24,429 shares of common stock.
FAQ
What insider transaction did Dorman Products (DORM) disclose for Steven L. Berman?
Dorman Products reported that director Steven L. Berman had 55 common shares withheld on March 2, 2026 to cover tax obligations upon vesting of restricted stock units. This tax-withholding event is treated as a disposition under Section 16 but is not an open-market sale.