STOCK TITAN

Motorcar Parts of America (MPAA) CEO uses 26,472 shares to cover RSU tax withholding

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

Motorcar Parts of America disclosed that President, CEO & Chairman Selwyn Joffe had a total of 26,472 shares of common stock withheld on June 20 and 21, 2026, at $15.30 per share. The two non-derivative transactions (20,303 and 6,169 shares) were tax-withholding dispositions used to pay taxes on the vesting of RSUs.

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Insider SELWYN JOFFE
Role President, CEO & Chairman
Type Security Shares Price Value
Tax Withholding Common Stock F1 6,169 $15.30 $94K
Tax Withholding Common Stock F1 20,303 $15.30 $311K
Holdings After Transaction: Common Stock — 604,063 shares (Direct)
Footnotes (1)
  1. F1. Used to pay taxes on vesting of RSUs.
Shares withheld for taxes on 2026-06-20 20,303 shares of Common Stock Non-derivative tax-withholding disposition at $15.30 per share to cover RSU vesting taxes
Shares withheld for taxes on 2026-06-21 6,169 shares of Common Stock Non-derivative tax-withholding disposition at $15.30 per share to cover RSU vesting taxes
Total shares used for RSU tax withholding 26,472 shares of Common Stock Sum of Form 4 code F transactions tied to RSU vesting tax obligations
Tax-withholding reference price $15.30 per share Price applied to both non-derivative common stock transactions on June 20–21, 2026
Restricted Stock Units financial
"Used to pay taxes on vesting of RSUs."
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for Common Stock"
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.
non-derivative financial
"transaction_type is non-derivative for the Common Stock entries"

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

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FAQ

What insider transactions did MPAA report for Selwyn Joffe in this Form 4?

MPAA reported that Selwyn Joffe had 26,472 shares of common stock withheld on June 20–21, 2026 at $15.30 per share. These were tax-withholding dispositions to pay taxes due on the vesting of RSUs, not open-market sales.

Were the MPAA CEO’s reported share transactions open-market sales?

No. Both transactions were coded F and described as tax-withholding dispositions of common stock. A linked footnote explains the shares were used to pay taxes upon the vesting of RSUs, rather than discretionary sales into the market.

How many MPAA shares were used to cover taxes and on what dates?

A total of 26,472 shares were withheld for taxes: 20,303 shares on 2026-06-20 and 6,169 shares on 2026-06-21. Both were non-derivative common stock transactions linked to RSU vesting tax obligations.

What price per share was used for the MPAA CEO’s tax-withholding transactions?

Both tax-withholding dispositions used a price of $15.30 per share for the common stock. This per-share amount applies to each of the two transactions used to satisfy the tax liabilities from the vesting of RSUs.

Did the MPAA Form 4 indicate a Rule 10b5-1 trading plan for these transactions?

No. The filing’s Rule 10b5-1 plan checkbox is not marked as affirmative, and the footnote only states the shares were used to pay taxes on vesting of RSUs, with no reference to a pre-arranged trading plan.
SEC Form 4
FORM 4UNITED 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*
SELWYN JOFFE

(Last)(First)(Middle)
2929 CALIFORNIA STREET

(Street)
TORRENCE 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, CEO & Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/20/2026F(1)20,303D$15.3610,232D
Common Stock06/21/2026F(1)6,169D$15.3604,063D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Used to pay taxes on vesting of RSUs.
/s/ Selwyn Joffe07/24/2026
** Signature of Reporting PersonDate
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)