Motorcar Parts VP Gets Stock Awards Tied to Ambitious $22 Share Price Target
Rhea-AI Filing Summary
Juliet Lynn Stone, VP, General Counsel and Secretary of Motorcar Parts of America (MPAA), reported multiple insider transactions on June 20-21, 2025:
- Acquired 2,579 shares from vested RSUs and 2,839 shares from performance-based stock units on June 20
- Disposed of 1,930 shares at $9.76 for tax obligations
- Acquired 3,718 shares from RSUs on June 21
- Disposed of 1,297 shares at $9.76 for tax obligations
- Received new grants: 5,176 RSUs vesting over 3 years and 2,588 performance-based units tied to stock price targets ($15-$22)
Following these transactions, Stone holds 23,792 shares directly. The performance units will vest based on achieving specific stock price thresholds between $15-$22 during a three-year period ending June 20, 2028, with potential for 150% payout at the highest tier.
Positive
- Awarded new performance-based stock units (PSUs) with ambitious price targets up to $22/share, representing significant upside potential from current levels
- Granted 5,176 new Restricted Stock Units (RSUs) indicating continued long-term commitment to executive retention
Negative
- None.
Insider Trade Summary
Net Buyer: 5,909 shares
Net Buy
9 txns
Insider
Stone Juliet Lynn
Role
VP, Gen Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,718 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,718 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,297 | $9.76 | $13K |
| Exercise | Restricted Stock Units | 2,579 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5,176 | $0.00 | $0.00 |
| Grant/Award | Performance Based Stock Units | 2,588 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,579 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,839 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,930 | $9.76 | $19K |
Holdings After Transaction:
Restricted Stock Units — 12,611 shares (Direct);
Performance Based Stock Units — 2,588 shares (Direct);
Common Stock — 23,792 shares (Direct)
Footnotes (7)
- F1. Shares earned upon vesting of RSUs
- F2. Shares earned under the performance based stock units granted on 20-Jun-2022
- F3. Used to pay taxes upon vesting of RSUs and PSUs.
- F4. Vesting 1/3 each year for 3 years from grant date, beginning on 20-Jun-2022
- F5. Vesting 1/3 each year for 3 years from grant date, beginning on 20-Jun-2025
- F6. One-third of these Performance Based Stock Units ('PSUs') will vest if the Company achieves a 30 trading-day trailing average market closing price ('Price Per Share') of at least $15 during the three-year period ending on the earlier of 20-Jun-2028 and the date of consummation of a change in control (the 'Performance Period'); another one-third of these PSUs will vest if the Company achieves a Price Per Share during the Performance Period of at least $17 during the Performance Period; and the remaining one-third of these PSUs will vest if the Price Per Share is equal to or greater than $18 as follows: 50% if the Price Per Share equals $18, 100% if the Price Per Share equals $20 and 150% if the Price Per Share equals or exceeds $22 (if the Price Per Share falls between these levels the vesting percentage will be determined using interpolation).
- F7. Vesting 1/3 each year for 3 years from grant date. beginning on 21-Jun-2024
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did MPAA's VP and General Counsel Juliet Stone report on June 28, 2025?
On June 20-21, 2025, Juliet Stone acquired several stock awards and disposed of some shares: She received 2,579 and 2,839 shares from vested RSUs and PSUs, sold 1,930 shares at $9.76 for tax purposes, received another 3,718 shares, and sold 1,297 shares at $9.76 for taxes. She was also granted new RSUs for 5,176 shares and PSUs for 2,588 shares.
What are the vesting conditions for MPAA's new Performance Stock Units (PSUs) granted to Stone?
The new PSUs vest based on stock price targets over a 3-year period ending June 20, 2028: 1/3 vests at $15 stock price, 1/3 at $17, and the final 1/3 vests proportionally between $18-22 (50% at $18, 100% at $20, and 150% at $22 or higher), based on MPAA's 30-day trailing average closing price.
What is the vesting schedule for MPAA's new Restricted Stock Units granted to Stone?
The 5,176 new Restricted Stock Units (RSUs) granted to Stone on June 20, 2025, will vest in three equal annual installments over three years, with vesting beginning on June 20, 2025, and continuing through December 31, 2028.