STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Gay Philip
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1 11,851 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 11,851 contracts (Direct)
Footnotes (1)
  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.
RSUs granted 11,851 units Restricted Stock Units awarded to director Philip Gay on September 10, 2026
RSUs underlying common shares 11,851 shares Each RSU represents a contingent right to receive one share of common stock
RSU grant price $0.00 per unit Reported transaction price and conversion price for the RSU award
Holdings after transaction 11,851 RSUs Total Restricted Stock Units directly held by Philip Gay following the grant
Derivative transactions in filing 1 transaction Single RSU grant reported; no buys, sells, or exercises
Restricted Stock Units financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of the Issuers Common Stock"
vesting date financial
"subject to continued service through the applicable vesting date"
pro rata amount financial
"the RSUs shall vest upon a termination of service in a pro rata amount"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did MPAA grant to director Philip Gay?

MPAA granted 11,851 Restricted Stock Units (RSUs) to director Philip Gay on September 10, 2026. Each RSU represents a contingent right to receive one share of MPAA common stock, leaving him with 11,851 RSUs directly held after the grant.

How do the new RSUs for MPAA director Philip Gay vest?

The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to continued service. If service terminates earlier, a pro rata amount vests in accordance with the award agreement.

Does MOTORCAR PARTS OF AMERICA (MPAA) report a Rule 10b5-1 plan for this Form 4 transaction?

No. The filing indicates that the Rule 10b5-1 checkbox is not selected, so no Rule 10b5-1 trading plan is reported for this RSU grant to director Philip Gay.

What security underlies the RSUs granted to the MPAA director?

Each of the 11,851 RSUs represents a contingent right to receive one share of MOTORCAR PARTS OF AMERICA common stock, so the award is economically equivalent to 11,851 shares of common stock upon vesting and settlement.

Is there an exercise price for the RSUs granted by MPAA?

No cash exercise price applies. The Form 4 reports a transaction price and conversion price of $0.00 per unit, consistent with RSUs that settle into shares of common stock without additional payment by the director.

How many derivative transactions are reported in this MPAA Form 4?

The Form 4 reports one derivative transaction, consisting of the grant of 11,851 RSUs to director Philip Gay. There are no reported sales, purchases, or option exercises in this filing.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Gay Philip

(Last)(First)(Middle)
C/O MOTORCAR PARTS OF AMERICA, INC.
2929 CALIFORNIA STREET

(Street)
TORRANCE 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
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
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
Restricted Stock Units$0.0009/10/2026A11,851 (1) (1)Common Stock11,851$0.0011,851D
Explanation of Responses:
1. 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.
Remarks:
/s/ Philip Gay09/14/2026
** 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)

Keep reading