[Form 4] Motorcar Parts of America, Inc. Insider Trading Activity
Insider grant and vesting summary: This Form 4 shows director David Bryan received restricted stock unit (RSU) awards and reported related share holdings in Motorcar Parts of America, Inc. (MPAA). On 09/04/2025 the filing records two non-derivative entries: 1,553 shares reported as acquired and 15,570 shares reported under code M, increasing reported beneficial ownership from 55,907 to 71,477 shares. Table II shows RSU awards: 15,570 RSUs granted 09/04/2025 (noted as subject to an exercisable window 09/06/2025–12/31/2025) and 6,882 RSUs granted 09/05/2025 that represent contingent rights to one share each. The explanatory note states the RSU grants vested in full on the grant date and clarifies vesting mechanics and pro rata treatment on termination. The transaction appears to be routine equity compensation to a director rather than a market sale.
- Director received equity compensation in the form of RSUs, aligning his interests with shareholders
- RSU awards vested in full on grant date, making the beneficial ownership increase immediate and transparent
- None.
Insights
TL;DR: Director David Bryan received RSU grants that vested in full on the grant date, increasing his reported beneficial ownership to 71,477 shares.
The filing documents equity compensation activity typical for board members: awards of Restricted Stock Units totaling 22,452 RSUs (15,570 and 6,882) and additional reported shares (1,553) recorded on 09/04–09/05/2025. The issuer notes the RSUs convert one-for-one into common shares and that vesting occurred immediately on grant. From a governance perspective, immediate vesting is noteworthy because it accelerates the director's equity stake and voting/ownership profile. This is a routine disclosure under Section 16; there is no indication of sales, pledges, or other disposals in this filing.
TL;DR: Compensation-related issuance increased director holdings; the awards appear to be standard RSU grants that vested at grant.
The transaction codes and explanatory language indicate these entries are grant-related and not cash purchases. The RSUs are described as contingent rights to one share each, with vesting tied to service or the next annual meeting and pro rata treatment on termination, though here vesting occurred immediately. For investors, this raises minor dilution considerations because the RSUs convert into common stock, but the filing gives no information about total outstanding shares or percentage dilution, so material valuation impact cannot be assessed from this Form 4 alone.