Motorcar Parts of America (MPAA) VP adds shares and performance RSUs
Rhea-AI Filing Summary
Motorcar Parts of America VP, General Counsel and Secretary Juliet Lynn Stone reported multiple equity award activities. On June 20, 2026, she exercised awards to acquire 1,725 shares of Common Stock, bringing her direct holdings then to 35,121 shares. On June 21, 2026, she exercised additional awards for 3,717 common shares, increasing her direct ownership to 38,838 shares.
She also received new equity grants on June 19, 2026 of 2,244 Restricted Stock Units that vest in three equal annual installments from that date, and 2,244 Performance-Vesting Restricted Stock Units tied to total shareholder return versus the Russell 3000 and stock price hurdles of $16, $18, $19, $20 and $22 measured through June 19, 2029 or an earlier change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,442 shares
Net Buy
6 txns
Insider
Stone Juliet Lynn
Role
VP, Gen Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,717 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,717 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,725 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,725 | $0.00 | $0.00 |
| Grant/Award | Performance-Vesting Restricted Stock Units | 2,244 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,244 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 9,413 shares (Direct);
Performance-Vesting Restricted Stock Units — 2,244 shares (Direct);
Common Stock — 38,838 shares (Direct)
Footnotes (3)
- F1. Shares earned upon vesting of RSUs
- F2. Vesting 1/3 each year for 3 years from grant date of June 19, 2026.
- F3. One-half of these PSUs will vest if the Company achieves a total shareholder return relative to the Russell 3000 (excluding real estate and financial institutions and companies with a market capitalization of more than $600 million) measured on 19-Jun-2029. Another one-sixth of these PSUs will vest if the Company achieves a 30 trading-day trailing average market closing price ('PPS') of at least $16 during the three-year period ending on the earlier of 19-Jun-2029 and the date of consummation of a change in control (the 'Period'); another one-sixth of these PSUs will vest if the Company achieves a PPS during the Period of at least $18 during the Period; and the remaining one-sixth of these PSUs will vest if the PPS is equal to or greater than $19 as follows: 50% if the PPS equals $19, 100% if the PPS equals $20 and 150% if the PPS equals or exceeds $22 (if the PPS falls between these levels the vesting percentage will be determined using interpolation).
Key Figures
Common shares acquired 20-Jun-2026: 1,725 shares
Common shares acquired 21-Jun-2026: 3,717 shares
Direct common shares after 21-Jun-2026: 38,838 shares
+3 more
6 metrics
Common shares acquired 20-Jun-2026
1,725 shares
Exercise or conversion of derivative security into Common Stock
Common shares acquired 21-Jun-2026
3,717 shares
Exercise or conversion of derivative security into Common Stock
Direct common shares after 21-Jun-2026
38,838 shares
Total direct ownership of Common Stock following latest exercise
Time-based RSUs granted 19-Jun-2026
2,244 units
Restricted Stock Units vesting 1/3 each year for 3 years
Performance RSUs granted 19-Jun-2026
2,244 units
Performance-Vesting RSUs tied to TSR and price hurdles to 19-Jun-2029
Price hurdles for performance RSUs
$16, $18, $19, $20, $22
30 trading-day trailing average market closing price targets during performance period
Key Terms
Restricted Stock Units, Performance-Vesting Restricted Stock Units, total shareholder return, Russell 3000, +2 more
6 terms
Restricted Stock Units financial
"She also received new equity grants on June 19, 2026 of 2,244 Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance-Vesting Restricted Stock Units financial
"and 2,244 Performance-Vesting Restricted Stock Units tied to total shareholder return"
Performance-vesting restricted stock units are a form of employee pay where future company shares are granted only if the business meets specific targets, such as revenue, profit, or stock-price goals. Think of them as a bonus you earn only when certain milestones are hit; for investors they matter because they can increase the number of shares outstanding if goals are met and they reveal how management is being motivated to hit particular financial or operational objectives.
Russell 3000 financial
"total shareholder return versus the Russell 3000 and stock price hurdles of $16, $18, $19"
A broad stock-market index made up of the roughly 3,000 largest publicly traded U.S. companies, ranked by their total market value. It serves as a wide “basket” of American stocks that reflects the overall performance of the U.S. equity market, so investors use it as a benchmark or to gain broad exposure through index funds and ETFs—similar to watching an economy-sized shopping cart to judge how an entire store is doing.
trading-day trailing average market closing price financial
"a 30 trading-day trailing average market closing price of at least $16 during the three-year period"
change in control financial
"three-year period ending on June 19, 2029 or an earlier change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did MPAA executive Juliet Lynn Stone report in this Form 4?
Juliet Lynn Stone reported equity award exercises and new grants. She exercised awards to receive additional common shares and received new time-based and performance-vesting restricted stock unit grants tied to multi-year service and performance conditions.
What RSU grants did MPAA award to Juliet Lynn Stone on June 19, 2026?
She received 2,244 Restricted Stock Units on June 19, 2026. These RSUs vest in three equal annual installments over three years starting from the June 19, 2026 grant date, subject to continued service and plan terms.
How do the performance-vesting RSUs for MPAA’s Juliet Lynn Stone work?
She received 2,244 Performance-Vesting Restricted Stock Units. Vesting depends on total shareholder return versus the Russell 3000 and achieving 30-day average stock prices of $16, $18, $19, $20 and $22 by June 19, 2029 or an earlier change in control.
What is the time horizon for the performance goals on MPAA’s PSUs?
The performance period runs up to June 19, 2029. Total shareholder return is measured relative to the Russell 3000, and stock price hurdles must be met over a three-year period ending on June 19, 2029 or an earlier change in control.