Motorcar Parts director exercises 6,882 RSUs

A director of MPAA converted 6,882 restricted stock units into common stock, increasing his direct common holdings to 89,159 shares.

Rhea-AI Filing Summary

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.

Insider Trade Summary

6,882 shares exercised/converted

Exercise 2 txns

Insider Gay Philip

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F2	6,882	$0.00	$0.00
Exercise	Common Stock	6,882	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 89,159 shares (Direct)

Footnotes (2)

1. F1. The restricted stock units were granted on September 5, 2025. All of the restricted stock units vested on each of September 5, 2026.
2. F2. The restricted stock units do not have an expiration date.

Key Figures

Restricted stock units converted: 6,882 units Common shares acquired via RSU conversion: 6,882 shares Exercise price per share: $0.00 per share +1 more

4 metrics

Restricted stock units converted 6,882 units RSUs granted September 5, 2025 and vested September 5, 2026

Common shares acquired via RSU conversion 6,882 shares Common stock received on exercise on September 5, 2026

Exercise price per share $0.00 per share Stated for the RSU-to-common stock conversion

Common shares held after transaction 89,159 shares Direct ownership reported following the September 5, 2026 conversion

Key Terms

Restricted Stock Units, derivative security, Rule 10b5-1 trading plan

3 terms

Restricted Stock Units financial

"The restricted stock units were granted on September 5, 2025."

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.

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Rule 10b5-1 trading plan regulatory

"No Rule 10b5-1 trading plan is reported in connection with these transactions."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MPAA director Philip Gay report on this Form 4?

He reported the exercise of 6,882 restricted stock units into 6,882 shares of common stock on September 5, 2026, eliminating that RSU position and increasing his directly held common shares.

How many MPAA common shares does Philip Gay hold after this transaction?

After the RSU conversion, Philip Gay directly holds 89,159 shares of MPAA common stock as of the reported date, according to the Form 4 disclosure.

What happened to the 6,882 restricted stock units reported for MPAA?

The 6,882 restricted stock units, granted on September 5, 2025 and fully vested on September 5, 2026, were converted into 6,882 shares of common stock and no longer remain outstanding.

Was a Rule 10b5-1 trading plan involved in this MPAA Form 4 transaction?

No. The filing indicates that no Rule 10b5-1 trading plan applies to the reported transactions, so the timing is not identified as plan-based.

Did Philip Gay buy or sell MPAA shares on the open market in this Form 4?

No open-market purchases or sales are reported. The Form 4 shows a conversion of restricted stock units into common stock, with 6,882 common shares acquired through this exercise at a stated price of $0.00 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/09/2026 - 04:45 PM Accepted by SEC EDGAR 09/09/2026 - 04:44 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gay Philip

(Last) (First) (Middle)

C/O MOTORCAR PARTS OF AMERICA, INC.

2929 CALIFORNIA STREET

(Street)

TORRANCE CALIFORNIA 90503

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MOTORCAR PARTS OF AMERICA INC [ MPAA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/05/2026		M		6,882	A	$0.00	89,159	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.00	09/05/2026		M			6,882	(1)	(2)	Common Stock	6,882	$0.00	0.00	D

Explanation of Responses:

1. The restricted stock units were granted on September 5, 2025. All of the restricted stock units vested on each of September 5, 2026.

2. The restricted stock units do not have an expiration date.

Remarks:

	/s/ Philip Gay	09/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)