Dorman SVP Braun reports RSU grant and tax shares
Dorman Products, Inc. senior vice president and general counsel Joseph P. Braun reported equity award activity in company common stock.
Rhea-AI Filing Summary
Dorman Products, Inc. senior vice president and general counsel Joseph P. Braun reported equity award activity in company common stock. He acquired 3,665 shares on a grant or award basis at $0.00 per share, reflecting the settlement of performance-based restricted stock units granted for the 2023-2025 performance cycle.
To cover tax withholding on the vesting of restricted stock units, 1,640 shares were disposed of at $127.73 per share, treated as a tax-withholding disposition under Section 16. After these transactions, Braun directly owned 17,165.5828 shares of Dorman Products common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,665 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,640 | $127.73 | $209K |
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 DORM executive Joseph P. Braun report on this Form 4?
How does the Form 4 describe the equity award reported for DORM’s Joseph P. Braun?
What does the tax-withholding disposition mean in Joseph P. Braun’s DORM Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.