Welcome to our dedicated page for MOTORCAR PARTS OF AMERICA SEC filings (Ticker: MPAA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Motorcar Parts of America filings document financial reporting, governance and capital allocation for its automotive aftermarket parts business. Form 8-K reports furnish quarterly earnings releases under Item 2.02, including net sales, gross profit, cash flow, bank debt, liquidity, customer demand trends, EBITDA disclosures and related exhibits.
Definitive proxy materials provide shareholder meeting and governance disclosures, including board oversight and company discussion of operating performance, share repurchases, vendor supply financing and working-capital initiatives. Other 8-K filings record board resignations, committee changes and board-size changes, tying governance updates to the company's public-company reporting record.
MOTORCAR PARTS OF AMERICA INC (MPAA) director Jeffrey P. Mirvis exercised 6,882 restricted stock units into 6,882 shares of Common Stock on September 5, 2026, at no stated exercise price. The restricted stock units were originally granted on September 5, 2025 and fully vested on September 5, 2026.
After this exercise and related disposition of the derivative units, Mirvis holds 100,325 shares of Common Stock directly. The restricted stock units have no expiration date, and no Rule 10b5-1 trading plan is reported for these transactions.
MOTORCAR PARTS OF AMERICA INC (MPAA) director Philip Gay exercised previously granted restricted stock units into common stock. On September 5, 2026, 6,882 restricted stock units granted on September 5, 2025 fully vested and were converted into 6,882 shares of common stock at a stated exercise price of $0.00 per share. Following this conversion, he held 89,159 shares of common stock directly, and the restricted stock units, which had no expiration date, were eliminated. No Rule 10b5-1 trading plan is reported in connection with these transactions.
MOTORCAR PARTS OF AMERICA INC (MPAA) director Joseph Edwin Ferguson reported the vesting and conversion of 6,882 Restricted Stock Units into 6,882 shares of Common Stock on September 5, 2026. The RSUs were originally granted on September 5, 2025, and had no expiration date. Following the transaction, Ferguson holds 69,613 Common shares directly.
The filing indicates these transactions were exercises/conversions of derivative securities, not open-market purchases or sales, and no Rule 10b5-1 trading plan is reported as governing them.
MOTORCAR PARTS OF AMERICA INC (MPAA) director David Bryan reported the vesting and exercise of 6,882 Restricted Stock Units into 6,882 shares of Common Stock on September 5, 2026. The RSU position was reduced to zero, and Bryan’s directly held Common Stock increased to 79,359 shares after the transaction.
MOTORCAR PARTS OF AMERICA INC (MPAA) director Barbara L. Whittaker exercised 6,882 restricted stock units into 6,882 shares of Common Stock on September 5, 2026. The RSUs were granted on September 5, 2025 and fully vested on September 5, 2026, leaving no RSUs outstanding and resulting in 66,564 Common shares held directly. No Rule 10b5-1 trading plan is reported.
Donald Smith & Co., Inc., a Delaware-based investment adviser, reported beneficial ownership of 1,237,941 shares of Motorcar Parts of America, Inc. common stock, representing 6.54% of the class.
Donald Smith & Co., Inc. has sole voting power over 1,108,947 shares and sole dispositive power over 1,223,397 shares, with additional voting and dispositive power held through DSCO Value Fund, L.P. (14,044 shares) and John Piermont (500 shares). Dividends and sale proceeds ultimately accrue to the firm’s institutional and other advisory clients, none of which individually owns more than five percent of the outstanding common stock.
Motorcar Parts of America reported a weaker quarter for the three months ended June 30, 2026. Net sales were $168.0 million, down 10.8% from $188.4 million a year earlier, mainly from lower rotating electrical product sales partly offset by stronger brake-related demand.
Gross profit fell to $27.2 million, with gross margin slipping to 16.2% from 18.0%, pressured by lower volume, $2.8 million of transition expenses tied to footprint optimization, and ongoing amortization and write-downs of core-related contract assets. Operating income dropped to $3.5 million from $20.1 million.
After $12.0 million of net interest expense and a $1.5 million loss on its compound net derivative liability, the company posted a net loss of $13.4 million versus prior-year net income of $3.0 million, and operating cash flow was negative $11.3 million.
The balance sheet shows total assets of $1.01 billion, with heavy use of working-capital structures: inventory of $413.3 million, contract assets of $373.3 million, and accounts receivable discount programs under which $150.0 million of receivables were sold in the quarter, generating $7.9 million of interest-like cost. Revolving credit borrowings rose to $118.8 million, and related-party convertible notes carried a net amount of $44.8 million with an effective interest rate of 18.3%.
Motorcar Parts of America, Inc. reported fiscal 2027 first quarter results for the three months ended June 30, 2026, marked by weaker sales but reaffirmed full-year guidance. Net sales were $168.0 million, down from $188.4 million a year earlier, which the company attributes to timing of customer orders, temporary customer inventory liquidations tied to a competitor’s bankruptcy, and the planned relocation of Canadian heavy-duty operations to Mexico.
Gross profit declined to $27.2 million with gross margin of 16.2% versus 18.0%, including a roughly 2% or $3.5 million negative foreign currency impact. Excluding non-cash expenses of 2.4% and one-time cash items of 1.6%, gross margin was 20.2%. Operating income fell to $3.5 million from $20.1 million; adjusting for non-cash and certain one-time cash items, operating income was $11.2 million versus $18.0 million. Net results shifted from net income of $3.0 million ($0.15 per diluted share) to a net loss of $13.4 million ($0.71 per share), affected by $4.6 million of non-cash expenses and $2.3 million of one-time items.
Interest expense decreased to $12.0 million from $12.8 million. The company highlighted renewal of its loan agreement and extension of its revolver maturity to August 2031 and reported net bank debt of $99.7 million, based on a $118.8 million revolver balance and $19.1 million of cash. During the quarter it repurchased 129,523 shares for $1.9 million, with $20.1 million remaining under its share repurchase authorization, and emphasized growth opportunities, particularly for its Centric Parts brake business.
Motorcar Parts of America, Inc. plans its 2026 annual meeting for September 10, 2026 in Torrance, California, asking shareholders to elect eight directors, ratify Ernst & Young LLP as independent auditor for the year ending March 31, 2027, approve executive pay on an advisory basis, and approve a Second Amendment to its 2022 Incentive Award Plan.
The record date is July 15, 2026, with 18,933,207 common shares outstanding and one vote per share; about eight holders of record form the voting base. The board is 75% independent, uses majority voting with a resignation policy in uncontested elections, and combines the Chair and CEO roles with a Lead Independent Director providing counterbalance.
The company emphasizes ESG practices, including remanufacturing-focused operations, quantified Scope 1–3 emissions and reported savings of nearly 106,344 tons of raw materials in fiscal 2026. Executive pay follows an OGSM strategic framework, with annual cash incentives tied to adjusted pre-tax income, net sales, and cash from operating activities, and long-term equity awards linked to relative total shareholder return and stock price.
Motorcar Parts of America disclosed that President, CEO & Chairman Selwyn Joffe had a total of 26,472 shares of common stock withheld on June 20 and 21, 2026, at $15.30 per share. The two non-derivative transactions (20,303 and 6,169 shares) were tax-withholding dispositions used to pay taxes on the vesting of RSUs.