Dorman Products, Inc. (DORM) exec exercises options and sells 3,531 shares
Rhea-AI Filing Summary
Bowen Gregory C., VP and Chief Accounting Officer of Dorman Products, reported exercising employee stock options for 3,531 shares of common stock on August 5, 2026 at exercise prices of $96.36 and $91.28 per share, then selling 3,531 shares at $145.23 and $144.72 per share. The related options vest in four equal annual installments beginning on March 2, 2023 and March 2, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 3,531 shares ($180K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Bowen Gregory C.
Role
VP, Chief Accounting Officer
Sold
3,531 shs ($512K)
Approx. gross sale proceeds
$512K
Approx. exercise cost
$332K
Approx. pre-tax spread
$180K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F2 | 1,974 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F3 | 1,557 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,974 | $96.36 | $190K |
| Exercise | Common Stock | 1,557 | $91.28 | $142K |
| Sale | Common Stock | 1,974 | $145.23 | $287K |
| Sale | Common Stock | 1,557 | $144.72 | $225K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 520 shares (Direct);
Common Stock — 5,340.4178 shares (Direct)
Footnotes (3)
- F1. The amount reported includes 62.075 shares acquired by the Reporting Person under Dorman's employee stock purchase plan on June 30, 2026.
- F2. The option vests in four equal annual installments beginning on March 2, 2023, which was the first anniversary of the date of grant.
- F3. The option vests in four equal annual installments beginning on March 2, 2024, which was the first anniversary of the date of grant.
Key Figures
Options exercised at $96.36: 1974 shares
Options exercised at $91.28: 1557 shares
Common shares sold at $145.23: 1974 shares
+4 more
7 metrics
Options exercised at $96.36
1974 shares
Employee stock options converted to common stock on August 5, 2026 at $96.3600 exercise price
Options exercised at $91.28
1557 shares
Employee stock options converted to common stock on August 5, 2026 at $91.2800 exercise price
Common shares sold at $145.23
1974 shares
Common stock sale on August 5, 2026 at $145.2300 per share
Common shares sold at $144.72
1557 shares
Common stock sale on August 5, 2026 at $144.7200 per share
Total option exercise shares
3531 shares
Total employee stock option exercises reported on August 5, 2026
Total shares sold
3531 shares
Aggregate Dorman Products common shares sold in the reported transactions
Employee stock purchase plan shares
62.075 shares
Shares acquired under Dorman's employee stock purchase plan on June 30, 2026 per footnote
Key Terms
Employee Stock Option (right to buy), Exercise or conversion of derivative security, Sale in open market or private transaction, employee stock purchase plan, +1 more
5 terms
Employee Stock Option (right to buy) financial
"Security title listed as Employee Stock Option (right to buy) for derivative entries"
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"Transaction code S is described as Sale in open market or private transaction"
employee stock purchase plan financial
"Footnote notes 62.075 shares acquired under Dorman's employee stock purchase plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Section 16 of the Securities Exchange Act of 1934 regulatory
"Remarks reference Section 16 of the Securities Exchange Act of 1934"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did DORM's Bowen Gregory report on August 5, 2026?
On August 5, 2026, Bowen Gregory C. exercised employee stock options for 1,974 and 1,557 shares of Dorman Products common stock, then sold 1,974 shares at $145.23 and 1,557 shares at $144.72 per share in separate transactions.
What stock options did Bowen Gregory exercise in Dorman Products (DORM)?
He exercised employee stock options covering 1,974 shares at an exercise price of $96.36 per share, expiring March 2, 2030, and 1,557 shares at $91.28 per share, expiring March 2, 2031, receiving an equal number of common shares.
How do the vesting schedules work for Bowen Gregory's DORM options?
A footnote states the 1,974-share option vests in four equal annual installments beginning March 2, 2023, and the 1,557-share option vests in four equal annual installments beginning March 2, 2024, each date being the first anniversary of its grant.
What does the Form 4 say about DORM's employee stock purchase plan?
A footnote notes that an amount reported includes 62.075 shares acquired by Bowen Gregory under Dorman's employee stock purchase plan on June 30, 2026, indicating participation in the company’s purchase plan alongside the option-related transactions.