Insider at Motorcar Parts of America (MPAA) withholds 2,784 shares
Rhea-AI Filing Summary
Motorcar Parts of America Chief Manufacturing Officer Douglas Earl Schooner reported two tax-withholding dispositions of common stock related to RSU vesting. On June 20 and 21, 2026, a total of 2,784 shares were withheld at $15.30 per share to cover associated tax liabilities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,784 shares
Net Sell
2 txns
Insider
Schooner Douglas Earl
Role
Chief Manufacturing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 894 | $15.30 | $14K |
| Tax Withholding | Common Stock F1 | 1,890 | $15.30 | $29K |
Holdings After Transaction:
Common Stock — 39,681 shares (Direct)
Footnotes (1)
- F1. Used to pay taxes on vesting of RSUs.
Key Figures
Shares withheld for taxes: 2,784 shares
Shares withheld on 2026-06-20: 1,890 shares
Shares withheld on 2026-06-21: 894 shares
+1 more
4 metrics
Shares withheld for taxes
2,784 shares
Total shares used to pay taxes on RSU vesting on June 20–21, 2026
Shares withheld on 2026-06-20
1,890 shares
Common stock withheld for tax liability on June 20, 2026
Shares withheld on 2026-06-21
894 shares
Common stock withheld for tax liability on June 21, 2026
Per-share value for withholding
$15.30
Per-share amount used to determine tax-withholding share count
Key Terms
RSUs, tax-withholding disposition, Payment of tax liability by delivering or withholding securities, Common Stock
4 terms
RSUs financial
"Used to pay taxes on vesting of RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
"transaction_action field shows tax-withholding disposition."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description states Payment of tax liability by delivering or withholding securities."
Common Stock financial
"security_title for both transactions is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MPAA report for Douglas Earl Schooner?
Douglas Earl Schooner reported tax-withholding dispositions of 2,784 common shares. These shares were withheld on June 20–21, 2026, to cover taxes due on the vesting of his restricted stock units (RSUs).
Were the MPAA insider transactions open-market sales?
No, the transactions were tax-withholding dispositions tied to RSU vesting. According to the footnote, the common shares were used to pay taxes on vesting of RSUs, rather than being sold in open-market transactions.
What role does the reporting person in this MPAA Form 4 hold?
The reporting person, Douglas Earl Schooner, is Chief Manufacturing Officer. His Form 4 discloses common stock withheld to cover tax liabilities from RSU vesting, reflecting equity-based compensation rather than discretionary stock trading activity.