Motorcar Parts of America (MPAA) insider uses shares to cover RSU taxes
Rhea-AI Filing Summary
Motorcar Parts of America Inc. executive Glenn Daniel Burlingame, VP, General Counsel and Secretary, reported a tax-withholding disposition of 2,132 shares of Common Stock on 2026-06-20 at $15.30 per share, used to pay taxes on vesting of RSUs, leaving 4,568 shares directly owned.
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Insider Trade Summary
Net Seller: 2,132 shares
Net Sell
1 txn
Insider
Burlingame Glenn Daniel
Role
VP, General Counsel and Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,132 | $15.30 | $33K |
Holdings After Transaction:
Common Stock — 4,568 shares (Direct)
Footnotes (1)
- F1. Used to pay taxes on vesting of RSUs.
Key Figures
Shares withheld for RSU taxes: 2,132 shares
Per-share value for tax withholding: $15.30 per share
Shares owned after transaction: 4,568 shares
+1 more
4 metrics
Shares withheld for RSU taxes
2,132 shares
Common Stock used to pay taxes on vesting of RSUs on 2026-06-20
Per-share value for tax withholding
$15.30 per share
Value assigned to shares used for RSU-related tax liability
Shares owned after transaction
4,568 shares
Direct ownership of Common Stock by Glenn Daniel Burlingame following the disposition
Tax-liability-related shares reported
2,132 shares
Shares associated with payment of tax liability per Form 4 summary
Key Terms
RSUs, tax-withholding disposition, Common Stock
3 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": "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.
Common Stock financial
"security_title": "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 Glenn Daniel Burlingame?
Glenn Daniel Burlingame reported a tax-withholding disposition of 2,132 shares of Motorcar Parts of America Common Stock. The shares were used to cover taxes due upon the vesting of RSUs, rather than being sold in an open-market trade.
Was the MPAA insider transaction by Glenn Burlingame a market sale?
No, the transaction was a tax-withholding disposition, not a market sale. Shares were withheld by the issuer to pay taxes on the vesting of RSUs, as noted in the filing’s footnote, rather than sold on the open market.
On what date did the MPAA RSU tax-withholding transaction occur?
The RSU-related tax-withholding disposition for Motorcar Parts of America occurred on 2026-06-20. On that date, 2,132 shares of Common Stock were withheld at a value of $15.30 per share to cover Glenn Burlingame’s tax liability.
What role does Glenn Daniel Burlingame hold at Motorcar Parts of America (MPAA)?
Glenn Daniel Burlingame serves as Vice President, General Counsel and Secretary of Motorcar Parts of America. The Form 4 filing reflects his executive status while detailing a tax-withholding disposition tied to the vesting of his RSU compensation.