[Form 4] MOTORCAR PARTS OF AMERICA INC Insider Trading Activity
Glenn Burlingame, Vice President, General Counsel and Secretary of Motorcar Parts of America, reported transactions on Form 4 dated 09/24/2025 related to performance-based stock units (PSUs). A grant of 2,588 PSUs vested because the company achieved a 30-trading-day trailing average closing price of at least $15 ending 09/24/2025, converting into underlying common stock.
To satisfy tax withholding on the vested PSUs, 1,064 shares were disposed at a price of $17.41, leaving reported direct beneficial ownership figures shown on the form. The filing shows 2,588 shares reported in the non-derivative section and 5,176 shares reported in the derivative section as beneficially owned following the transactions.
Glenn Burlingame, vicepresidente, consigliere generale e segretario di Motorcar Parts of America, ha riportato operazioni sul Form 4 datate 24/09/2025 relative a unità azionarie basate sulle prestazioni (PSU). Una concessione di 2.588 PSU si è maturata perché l'azienda ha raggiunto una media di chiusura a 30 giorni di trading di almeno 15$ fini al 24/09/2025, convertendosi in azioni ordinarie sottostanti.
Per soddisfare la ritenuta fiscale sulle PSU maturate, 1.064 azioni sono state cedute al prezzo di 17,41$, lasciando le figure di proprietà diretta riportate nel modulo. La dichiarazione mostra 2.588 azioni riportate nella sezione non derivativa e 5.176 azioni riportate nella sezione derivativa come proprietà beneficiaria a seguito delle operazioni.
Glenn Burlingame, Vicepresidente, Consejero General y Secretario de Motorcar Parts of America, informó transacciones en el Formulario 4 con fecha del 24/09/2025 relacionados con unidades de acciones basadas en el rendimiento (PSUs). Una concesión de 2.588 PSUs se consolidó porque la empresa alcanzó un promedio de cierre de 30 días de negociación de al menos $15 al finalizar el 24/09/2025, convirtiéndose en acciones comunes subyacentes.
Para satisfacer la retención de impuestos sobre las PSUs consolidadas, 1.064 acciones se vendieron a un precio de $17.41, dejando las cifras de propiedad directa reportadas en el formulario. La presentación muestra 2.588 acciones reportadas en la sección no derivativa y 5.176 acciones reportadas en la sección derivativa como propiedad beneficiosa tras las transacciones.
글렌 벌링게임, 모터카 파츠 오브 아메리카의 부사장 겸 최고법무책임자 및 비서가 2025년 9월 24일자 Form 4에 performance-based stock units (PSUs) 관련 거래를 보고했습니다. 2,588 PSU가 vest되었다고 하였는데, 이는 회사가 2025년 9월 24일 종료 시점의 30거래일 이동평균 종가가 15달러 이상에 도달하여 기초보통주로 전환되었기 때문입니다.
vest된 PSU에 대한 세금 원천징수를 충족하기 위해, 1,064주가 처분되었으며 가격은 17.41달러였고, 양도된 수치가 보고된 직접적 실소유 지분으로 남습니다. 신고서는 거래 후 직접적으로 소유한 지분으로 2,588주가 비파생(non-derivative) 섹션에, 5,176주가 파생파생(derivative) 섹션에 보고되었다고 나와 있습니다.
Glenn Burlingame, vice-président, conseiller juridique général et secrétaire de Motorcar Parts of America, a déclaré des transactions sur le formulaire 4 daté du 24/09/2025 relatives à des unités d’actions basées sur la performance (PSUs). Une attribution de 2 588 PSU a vesté car l’entreprise a atteint une moyenne mobile de clôture sur 30 jours d’au moins 15$ à la fin du 24/09/2025, se convertissant en actions ordinaires sous-jacentes.
Pour satisfaire l’imposition à la source sur les PSUs vestées, 1 064 actions ont été cédées à un prix de 17,41$, laissant les chiffres de propriété bénéficiaire directe reportés sur le formulaire. Le dépôt montre 2 588 actions reportées dans la section non dérivée et 5 176 actions reportées dans la section dérivée comme possédées bénéficiaires après les transactions.
Glenn Burlingame, Vizepräsident, General Counsel und Sekretär von Motorcar Parts of America, hat Transaktionen im Formular 4 mit Datum 24.09.2025 im Zusammenhang mit ertragsbasierten Aktieneinheiten (PSUs) gemeldet. Eine Zuteilung von 2.588 PSU wurde vestet, weil das Unternehmen einen 30-Handels-Tage gleitenden Schlusskurs von mindestens 15 USD erzielt hat, der am Ende des 24.09.2025 endete, was in darunterliegende Stammaktien umwandelte.
Um die Steuerabzug auf die vesteten PSU zu decken, 1.064 Aktien wurden veräußert zu einem Preis von 17,41 USD, sodass gemeldete direkte wirtschaftliche Eigentumsverhältnisse im Formular verbleiben. Die Einreichung zeigt 2.588 Aktien im nichtableitenden Abschnitt und 5.176 Aktien im derivativen Abschnitt als wirtschaftlich Eigentum nach den Transaktionen.
غلن برلينغايم، نائب الرئيس والمستشار العام وأمين سر شركة موتوركار بارتس أوف أميركا، صرّح عن معاملات في النموذج 4 المؤرخ 24/09/2025 تتعلق بوحدات الأسهم القائمة على الأداء (PSUs). منحة 2,588 PSU vest لأنها الشركة حققت متوسط إغلاق 30 يوماً تداولياً لا يقل عن 15 دولاراً بنهاية 24/09/2025، محوّلة إلى أسهم عادية أساسية.
لتلبية خصم ضريبي على PSU vest، تم تصريف 1,064 سهماً بسعر 17.41 دولاراً، تاركاً أرقام الملكية المباشرة المذكورة في النموذج. تُظهر الإيداع 2,588 سهماً مذكورة في القسم غير المشتق و 5,176 سهماً مذكورة في القسم المشتق كملك مفيد بعد المعاملات.
Glenn Burlingame，Motorcar Parts of America 的副总裁、总法律顾问兼秘书，报道了日期为 2025-09-24 的 Form 4 交易，涉及业绩基准股权单位（PSUs）。由于公司在 2025-09-24 结束时的 30 个交易日滚动收盘价至少达到 15 美元，2,588 个 PSU 已归属，并转换为相关的普通股。
为满足对已归属 PSU 的税款扣缴，1,064 股已处置，价格为 17.41 美元，在表格中保留了直接受益所有权数字。申报显示在非衍生部分报告了 2,588 股，在衍生部分报告了 5,176 股，作为交易后的受益所有权。
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Insights
TL;DR: Executive received performance shares that vested after meeting a market-price condition; a portion was surrendered to cover taxes.
The filing documents a routine, governance-aligned outcome: PSUs awarded earlier vested when a pre-specified market-price target was met, converting into common stock. The reporting person then used a portion of the vested shares to satisfy tax withholding obligations, a common practice that does not indicate change in strategic alignment. This is a standard insider disclosure under Section 16 and carries no explicit governance red flags in the form itself.
TL;DR: Performance criteria met triggered vesting of 2,588 PSUs; 1,064 shares were disbursed for taxes at $17.41 each.
The details confirm the PSU plan's market-based vesting condition: achievement of a 30-day trailing average price >= $15 triggered vesting dated 09/24/2025. The conversion produced 2,588 underlying shares and a taxable event occurred with 1,064 shares used to pay taxes at $17.41 per share. This filing clarifies realized equity from compensation but provides no additional changes to grant terms or ongoing plan design.
Glenn Burlingame, vicepresidente, consigliere generale e segretario di Motorcar Parts of America, ha riportato operazioni sul Form 4 datate 24/09/2025 relative a unità azionarie basate sulle prestazioni (PSU). Una concessione di 2.588 PSU si è maturata perché l'azienda ha raggiunto una media di chiusura a 30 giorni di trading di almeno 15$ fini al 24/09/2025, convertendosi in azioni ordinarie sottostanti.
Per soddisfare la ritenuta fiscale sulle PSU maturate, 1.064 azioni sono state cedute al prezzo di 17,41$, lasciando le figure di proprietà diretta riportate nel modulo. La dichiarazione mostra 2.588 azioni riportate nella sezione non derivativa e 5.176 azioni riportate nella sezione derivativa come proprietà beneficiaria a seguito delle operazioni.
Glenn Burlingame, Vicepresidente, Consejero General y Secretario de Motorcar Parts of America, informó transacciones en el Formulario 4 con fecha del 24/09/2025 relacionados con unidades de acciones basadas en el rendimiento (PSUs). Una concesión de 2.588 PSUs se consolidó porque la empresa alcanzó un promedio de cierre de 30 días de negociación de al menos $15 al finalizar el 24/09/2025, convirtiéndose en acciones comunes subyacentes.
Para satisfacer la retención de impuestos sobre las PSUs consolidadas, 1.064 acciones se vendieron a un precio de $17.41, dejando las cifras de propiedad directa reportadas en el formulario. La presentación muestra 2.588 acciones reportadas en la sección no derivativa y 5.176 acciones reportadas en la sección derivativa como propiedad beneficiosa tras las transacciones.
글렌 벌링게임, 모터카 파츠 오브 아메리카의 부사장 겸 최고법무책임자 및 비서가 2025년 9월 24일자 Form 4에 performance-based stock units (PSUs) 관련 거래를 보고했습니다. 2,588 PSU가 vest되었다고 하였는데, 이는 회사가 2025년 9월 24일 종료 시점의 30거래일 이동평균 종가가 15달러 이상에 도달하여 기초보통주로 전환되었기 때문입니다.
vest된 PSU에 대한 세금 원천징수를 충족하기 위해, 1,064주가 처분되었으며 가격은 17.41달러였고, 양도된 수치가 보고된 직접적 실소유 지분으로 남습니다. 신고서는 거래 후 직접적으로 소유한 지분으로 2,588주가 비파생(non-derivative) 섹션에, 5,176주가 파생파생(derivative) 섹션에 보고되었다고 나와 있습니다.
Glenn Burlingame, vice-président, conseiller juridique général et secrétaire de Motorcar Parts of America, a déclaré des transactions sur le formulaire 4 daté du 24/09/2025 relatives à des unités d’actions basées sur la performance (PSUs). Une attribution de 2 588 PSU a vesté car l’entreprise a atteint une moyenne mobile de clôture sur 30 jours d’au moins 15$ à la fin du 24/09/2025, se convertissant en actions ordinaires sous-jacentes.
Pour satisfaire l’imposition à la source sur les PSUs vestées, 1 064 actions ont été cédées à un prix de 17,41$, laissant les chiffres de propriété bénéficiaire directe reportés sur le formulaire. Le dépôt montre 2 588 actions reportées dans la section non dérivée et 5 176 actions reportées dans la section dérivée comme possédées bénéficiaires après les transactions.
Glenn Burlingame, Vizepräsident, General Counsel und Sekretär von Motorcar Parts of America, hat Transaktionen im Formular 4 mit Datum 24.09.2025 im Zusammenhang mit ertragsbasierten Aktieneinheiten (PSUs) gemeldet. Eine Zuteilung von 2.588 PSU wurde vestet, weil das Unternehmen einen 30-Handels-Tage gleitenden Schlusskurs von mindestens 15 USD erzielt hat, der am Ende des 24.09.2025 endete, was in darunterliegende Stammaktien umwandelte.
Um die Steuerabzug auf die vesteten PSU zu decken, 1.064 Aktien wurden veräußert zu einem Preis von 17,41 USD, sodass gemeldete direkte wirtschaftliche Eigentumsverhältnisse im Formular verbleiben. Die Einreichung zeigt 2.588 Aktien im nichtableitenden Abschnitt und 5.176 Aktien im derivativen Abschnitt als wirtschaftlich Eigentum nach den Transaktionen.
FAQ
What insider transactions did MPAA insider Glenn Burlingame report on 09/24/2025?
Why did the PSUs vest according to the filing?
How many shares are shown as beneficially owned after the reported transactions?
What was the price at which shares were sold to cover taxes?
What is Glenn Burlingame’s role at Motorcar Parts of America (MPAA)?
