Motorcar Parts awards 11,851 RSUs to director
A Motorcar Parts of America director received 11,851 RSUs that vest over about a year, increasing his equity-based compensation.
Rhea-AI Filing Summary
MOTORCAR PARTS OF AMERICA INC (symbol: MPAA) is the issuer of record for a Form 4 filing submitted to the SEC. Gay Philip reported acquisition or exercise transactions in this Form 4 filing.
MOTORCAR PARTS OF AMERICA INC (MPAA) reported that director Philip Gay received a grant of 11,851 Restricted Stock Units (RSUs) on September 10, 2026. Each RSU represents a contingent right to receive one share of common stock, and Gay now holds 11,851 RSUs directly. The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholders’ meeting, subject to continued service, with pro rata vesting upon certain service terminations. No Rule 10b5-1 trading plan is reported for this grant.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 11,851 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuers Common Stock. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of the Grant Date and (ii) the date of the next annual meeting of the Issuers stockholders following the Grant Date, subject to continued service through the applicable vesting date; provided, that, the RSUs shall vest upon a termination of service in a pro rata amount in accordance with the award agreement.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vesting date financial
pro rata amount financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did MPAA grant to director Philip Gay?
How do the new RSUs for MPAA director Philip Gay vest?
Does MOTORCAR PARTS OF AMERICA (MPAA) report a Rule 10b5-1 plan for this Form 4 transaction?
What security underlies the RSUs granted to the MPAA director?
Is there an exercise price for the RSUs granted by MPAA?
How many derivative transactions are reported in this MPAA Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.