MPAA Form 4: VP Juliet Stone PSUs Vest; 11,615 Shares Issued
Juliet Lynn Stone, Vice President, General Counsel and Secretary of Motorcar Parts of America, reported changes in her beneficial ownership on Form 4.
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Rhea-AI Filing Summary
Juliet Lynn Stone, Vice President, General Counsel and Secretary of Motorcar Parts of America, reported changes in her beneficial ownership on Form 4. On 09/24/2025, performance-based stock units (PSUs) vested after the company reached a 30-trading-day trailing average closing price threshold of $15, resulting in 11,615 shares issued from the 06/19/2023 PSU grant and 863 shares issued from the 06/20/2025 PSU grant. To cover tax withholding on the vested PSUs, 4,465 shares were surrendered at a price of $17.41 per share. After these transactions, Stone beneficially owned 31,805 shares (following the $17.41 disposal) and 36,720 shares in another reported line, per the filing.
Positive
- Performance condition achieved: PSUs vested after meeting the $15 30-day trailing average threshold, indicating a contracted performance outcome was met
- Increased insider alignment: Vesting converted equity awards into common stock, increasing the reporting insider's direct holdings
Negative
- Surrendered shares for taxes: 4,465 shares were disposed of to pay taxes upon vesting, reducing the net incremental shares retained
- Recorded disposal at market price: The filing shows a disposal at $17.41, which reduced beneficial ownership compared with gross vesting proceeds
Insights
TL;DR: Routine executive compensation vesting tied to a clear market-price performance metric; tax-related share surrender is common.
The filing shows PSUs vested because the company met the specified $15 30-day trailing average threshold ending 09/24/2025. This is a straightforward outcome of a pre-set performance condition and aligns executive pay with share-price performance. The surrender of 4,465 shares to satisfy tax withholding is a normal administrative step and does not indicate discretionary insider selling beyond required withholding. The disclosure is timely and consistent with standard equity compensation practices.
TL;DR: Transactions show earned equity converted to shares and partial surrender for taxes; overall insider stake remains disclosed.
The report quantifies the vesting: 11,615 shares from 2023 PSUs and 863 from 2025 PSUs, with 4,465 shares surrendered at $17.41 to cover taxes. These entries increase publicly reported insider holdings while reflecting routine tax-withholding mechanics. No open-market discretionary sales or purchases are reported here beyond the tax-related disposition. For investors, the key takeaway is the conversion of performance awards into common stock under an explicit market-price condition.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Stock Unit | 11,615 | $0.00 | $0.00 |
| Exercise | Performance Based Stock Units | 863 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,615 | $0.00 | $0.00 |
| Exercise | Common Stock | 863 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,465 | $17.41 | $78K |
Footnotes (4)
- F1. Shares earned under the performance based stock units (PSUs) granted on June 19, 2023.
- F2. Shares earned under the PSUs granted on June 20, 2025.
- F3. Used to pay taxes upon vesting of PSUs.
- F4. These PSUs vested based on the Company achieving a 30 trading-day trailing average market closing price of at least $15 per share for the 30 trading-day period that ended on September 24, 2025.
FAQ
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What did MPAA insider Juliet Lynn Stone report on Form 4?
Why did the PSUs vest for MPAA on 09/24/2025?
Does this Form 4 show any open-market purchases or discretionary sales by the insider?
AI-generated analysis. How Rhea-AI works. Not financial advice.