Motorcar Parts of America filings document financial reporting, governance and capital allocation for its automotive aftermarket parts business. Form 8-K reports furnish quarterly earnings releases under Item 2.02, including net sales, gross profit, cash flow, bank debt, liquidity, customer demand trends, EBITDA disclosures and related exhibits.
Definitive proxy materials provide shareholder meeting and governance disclosures, including board oversight and company discussion of operating performance, share repurchases, vendor supply financing and working-capital initiatives. Other 8-K filings record board resignations, committee changes and board-size changes, tying governance updates to the company's public-company reporting record.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 975,858 shares of Motorcar Parts of America common stock, representing 4.98% of the class.
Vanguard reports shared voting power over 124,212 shares and shared dispositive power over 975,858 shares, with no sole voting or dispositive power. Vanguard notes an internal realignment on January 12, 2026, after which certain subsidiaries are expected to report holdings separately.
Motorcar Parts of America, Inc. reported that Patricia W. Warfield resigned on January 2, 2026 from its Board of Directors and from the Board’s Human Resources and Compensation Committee. The company states that her resignation is due to personal and professional commitment reasons and not because of any disagreement with the company’s operations, policies, or procedures.
Her resignation letter is included as Exhibit 99.1 to this report, providing formal written confirmation of her decision and reasons.
Motorcar Parts of America (MPAA): Director Frederic Jack Liebau, Jr. reported the conversion of 1,245 restricted stock units into common stock at $0 on 11/10/2025 (Code M). Following the transaction, he beneficially owns 25,368 shares directly.
The derivative table shows the RSU award of 1,245 units (exercisable 09/05/2025, expiring 12/31/2025) settling into common shares, with 5,637 derivative securities remaining beneficially owned after the reported transaction.
Motorcar Parts of America (MPAA) reported a board change. On November 10, 2025, director F. Jack Liebau, Jr. resigned from the Board, the Audit Committee, and the Nominating and Corporate Governance Committee, effective the same day. The company stated his resignation was not due to any disagreement regarding operations, policies, or practices.
Following his departure, the Board size was reduced from ten to nine directors. The company attached Mr. Liebau’s resignation letter as Exhibit 99.1.
Motorcar Parts of America (MPAA) reported higher sales but a small quarterly loss. Net sales were $221.47 million, up 6.4% year over year, helped by $14.797 million of remanufactured core revenue recognized from an inventory realignment at certain customer distribution centers. Gross profit was $42.73 million with a 19.3% margin versus 19.8% a year ago, reflecting tariff timing and core-related amortization and revaluation.
Operating income rose to $16.37 million, driven in part by a $1.47 million non-cash foreign exchange gain. Net loss was $2.15 million (basic and diluted loss per share of $0.11) as interest expense of $12.70 million and a $2.26 million loss on the convertible-notes derivative weighed on results; the effective tax rate was 252.2%. For the first six months, net sales reached $409.83 million (up 8.4%) and net income was $0.89 million (diluted EPS $0.04). Operating cash flow strengthened to $31.89 million. At quarter-end, MPAA had $72.42 million drawn on its revolver at 7.42% with $145.38 million of availability. Customer concentration remained high, with three customers representing 38%, 28%, and 21% of quarterly sales.
Motorcar Parts of America furnished an 8-K announcing it issued a press release with earnings for the fiscal quarter ended September 30, 2025.
The release is included as Exhibit 99.1 and dated November 10, 2025. The company states the information is furnished under Item 2.02 and is not deemed filed or incorporated by reference unless expressly stated.
Kamlesh Shah, Chief Accounting Officer of Motorcar Parts of America, reported Section 16 transactions dated 09/24/2025 that reflect vesting of performance-based stock units (PSUs) and a sale to cover taxes. Two PSU awards vested: 8,710 shares from a 2023 grant and 1,941 shares from a 2025 grant after the company achieved a 30-trading-day trailing average closing price of at least $15. To satisfy tax withholding on the vesting event, 3,812 shares were disposed of at $17.41 per share. Following these transactions, the reporting person beneficially owns 34,509 shares. The Form 4 was signed on 09/26/2025.
Motorcar Parts of America (MPAA) reporting officer David Sung received shares from performance-based stock units (PSUs) after a price-based vesting condition was met. On 09/24/2025 PSUs converted into 17,421 and 5,452 common shares from grants originally awarded in 2023 and 2025, respectively. A portion of shares (12,021) were sold at $17.41 to satisfy tax withholding, leaving 77,796 shares beneficially owned after the transactions. The PSUs vested because the company achieved the required 30-day trailing average closing price threshold.
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.
Selwyn Joffe, President, CEO & Chairman of Motorcar Parts of America, Inc. (MPAA), reported insider transactions dated 09/24/2025. Two groups of performance-based stock units (PSUs) vested after the company achieved a 30-trading-day average closing price threshold of $15, resulting in the conversion of 46,651 and 25,751 PSUs into common shares. Mr. Joffe received 72,402 shares in total and immediately used 27,912 shares to satisfy tax withholding at a reported price of $17.41, leaving him with 557,986 shares after the net disposition. The report shows both newly acquired shares from vested PSUs and a tax-related disposition; all transactions were filed on Form 4 with direct ownership indicated.