Dorman (DORM) Insider Withholds 134 Shares for RSU Taxes
Rhea-AI Filing Summary
Kathleen Pacheco, an officer (President, Specialty Vehicle) of Dorman Products, Inc. (DORM), reported a Section 16 transaction on 09/03/2025. The filing shows 134 shares were disposed of under code F at a price of $158.68 per share; the filer explains these shares were withheld by the issuer to satisfy tax withholding upon the vesting of restricted stock units. After the withholding, the reporting person beneficially owned 2,960 shares directly. The Form 4 was signed by Frank J. Mahr by power of attorney on 09/04/2025. No derivative transactions or other securities classes are reported in this filing.
Positive
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Negative
- None.
Insights
TL;DR: Routine tax-withholding disposition of vested RSUs; immaterial to company valuation.
The transaction reported is a standard withholding of shares to cover tax obligations arising from vested restricted stock units, recorded as a disposition under Section 16 (code F). The quantity is small (134 shares) relative to typical public-company float and the reporting person’s remaining direct holdings (2,960 shares), indicating no change to management ownership control. There are no option exercises, new grants, or sales to third parties disclosed here, so the filing has negligible direct impact on DORM's capital structure or market liquidity.
TL;DR: Compliance filing documenting withholding for tax obligations; shows proper reporting and POA signature.
The Form 4 documents compliance with Section 16 reporting requirements for an officer and confirms the issuer withheld shares upon RSU vesting. The explanatory remark clarifies treatment as a disposition for reporting purposes. The signature by a power of attorney is provided, which is acceptable practice for timely filing. No governance red flags, related-party transactions, or unusual compensation arrangements are disclosed in this statement.