Motorcar Parts (MPAA) Form 4: Director RSU Grant and Vesting Detailed
Rhea-AI Filing Summary
Patricia W. Warfield, a director of Motorcar Parts of America, Inc. (MPAA), received Restricted Stock Unit (RSU) awards that vested on the grant date. The Form 4 shows RSU grants dated September 4 and September 5, 2025 totaling 22,452 RSUs (15,570 and 6,882). The filing reports an additional 1,553 shares acquired on September 4, 2025, and shows Ms. Warfield beneficially owning 38,297 shares following the reported transactions. The RSUs represent contingent rights to receive one share of common stock each and are described as vesting in full on the earlier of the one-year anniversary of the grant date or the next annual meeting, with pro rata vesting on termination as provided in the award agreement.
The transactions are disclosed as routine equity compensation to a director; no cash consideration was paid per the form and the RSUs had a $0.00 conversion/exercise price as reported. The filing does not state any change in Ms. Warfield’s role or other material corporate actions.
Positive
- Director alignment: Ms. Warfield received 22,452 RSUs which vest to align her interests with shareholders.
- Increased beneficial ownership: Beneficial ownership reported at 38,297 shares after the transactions.
- No cash consideration: Reported transactions show $0.00 price, indicating equity was granted rather than purchased.
Negative
- None.
Insights
TL;DR: Director received vested RSUs increasing her beneficial stake to 38,297 shares; routine equity compensation disclosure.
The Form 4 documents standard director compensation via restricted stock units that vested on grant. Total RSUs granted and vested amount to 22,452 units, plus an indicated acquisition of 1,553 shares, producing a reported beneficial ownership of 38,297 shares. From a governance perspective, this is a routine disclosure supporting alignment of director and shareholder interests. The filing contains no suggestion of accelerated or change-in-control vesting beyond the award agreement language and does not disclose cash payments, derivative hedging, or secondary sales. Impact on share count and potential dilution is not provided here.
TL;DR: Filing appears compliant and timely for Section 16 reporting of RSU grants and vested shares by an insider.
The Form 4 includes transaction codes and dates, specifies the nature of the awards, and contains an explanatory remark indicating vesting and the one-year/annual-meeting vesting condition. Signatures and dates are present. For compliance monitoring, the filing shows grants on 09/04/2025 and 09/05/2025 with vesting in full on grant date; no amendments or unexplained late disclosures are evident in the provided text. No material omissions are apparent within the scope of this form’s subject matter.