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.
Glenn Burlingame, Vice President, General Counsel and Secretary of Motorcar Parts of America, reported transactions on Form 4 dated 09/24/2025 related to performance-based stock units (PSUs). A grant of 2,588 PSUs vested because the company achieved a 30-trading-day trailing average closing price of at least $15 ending 09/24/2025, converting into underlying common stock.
To satisfy tax withholding on the vested PSUs, 1,064 shares were disposed at a price of $17.41, leaving reported direct beneficial ownership figures shown on the form. The filing shows 2,588 shares reported in the non-derivative section and 5,176 shares reported in the derivative section as beneficially owned following the transactions.
Frederic Jack Liebau, Jr., a director of Motorcar Parts of America, Inc. (MPAA), reported multiple equity awards and shares acquired in early September 2025. The Form 4 shows non-derivative common stock additions on 09/04/2025 totaling 17,123 shares acquired across two codes (1,553 and 15,570), bringing his direct beneficial ownership to 24,123 shares after those transactions. The filing also reports derivative awards in the form of Restricted Stock Units (RSUs): a grant dated 09/04/2025 for 15,570 RSUs that were noted as vested on the grant date, and an additional 6,882 RSUs granted on 09/05/2025 that convert one-for-one into common shares upon vesting. The RSU award terms state vesting occurs on the earlier of one year after grant or the next annual meeting, subject to continued service, with pro rata vesting upon termination of service as described in the award agreement.
Insider grant and vesting summary: This Form 4 shows director David Bryan received restricted stock unit (RSU) awards and reported related share holdings in Motorcar Parts of America, Inc. (MPAA). On 09/04/2025 the filing records two non-derivative entries: 1,553 shares reported as acquired and 15,570 shares reported under code M, increasing reported beneficial ownership from 55,907 to 71,477 shares. Table II shows RSU awards: 15,570 RSUs granted 09/04/2025 (noted as subject to an exercisable window 09/06/2025–12/31/2025) and 6,882 RSUs granted 09/05/2025 that represent contingent rights to one share each. The explanatory note states the RSU grants vested in full on the grant date and clarifies vesting mechanics and pro rata treatment on termination. The transaction appears to be routine equity compensation to a director rather than a market sale.
Joseph Edwin Ferguson, a director of Motorcar Parts of America, Inc. (MPAA), received equity awards that increased his direct beneficial ownership. The filing shows non-derivative acquisitions of 1,553 and 15,570 shares (transactions reported 09/04/2025) and derivative awards in the form of Restricted Stock Units (RSUs) of 15,570 (reported 09/04/2025) and 6,882 (reported 09/05/2025). After the reported transactions, the form lists 62,731 shares beneficially owned by the reporting person on a direct basis. The RSU disclosure states each RSU converts to one share and describes vesting terms, including an immediate full vesting statement for the Grant Date and standard service-based vesting or pro rata vesting upon termination.
Philip Gay, a director of Motorcar Parts of America, Inc. (MPAA), reported grants and vesting of restricted stock units that increased his direct holdings. The Form 4 shows transactions dated 09/04/2025 and 09/05/2025. On 09/04/2025 Mr. Gay was credited with 15,570 RSUs (recorded in derivative table) and 1,553 shares were reported as acquired in the non-derivative table on that date; following those transactions his direct common stock holdings rose from 66,707 to 82,277 shares. An additional 6,882 RSUs were reported as acquired on 09/05/2025, representing rights to receive 6,882 shares upon vesting. The RSUs carry a $0.00 price and the filing states they vested in full on the grant date, with standard vesting terms described in the explanation.
Jeffrey P. Mirvis, a director of Motorcar Parts of America, Inc. (MPAA), received grants of Restricted Stock Units (RSUs) that vested on the grant date and resulted in increased beneficial ownership. The Form 4 reports RSU activity on September 4 and 5, 2025: a grant of 15,570 RSUs (noted as a deemed or related transaction) and an additional 6,882 RSUs that were recorded as acquired. The RSUs convert one-for-one into common stock upon vesting. After the reported transactions, the filing shows the reporting person beneficially owned 93,443 shares, up from 77,873 shares before the transactions. The filing indicates the RSUs vest in full on the earlier of one year after grant or the next annual meeting, and may vest pro rata upon termination of service, per the award agreement.
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.
Barbara L. Whittaker, a director of Motorcar Parts of America, Inc. (MPAA), reported equity awards and share issuances in early September 2025. The Form 4 shows transactions dated 09/04/2025 and 09/05/2025: on 09/04/2025 there was a grant and related entry totaling 15,570 restricted stock units (RSUs) and an entry for 1,553 common shares, leaving 59,682 shares beneficially owned after that transaction. On 09/05/2025 an additional 6,882 RSUs were acquired, bringing 6,882 RSUs shown as beneficially owned from that grant. The filing explains that each RSU converts to one share when settled, that the RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting subject to continued service, and that the reported RSUs vested in full on the grant date per the filer. The Form is signed by Ms. Whittaker on 09/08/2025.
Motorcar Parts of America, Inc. is reported to have an aggregate beneficial holding of 959,394 shares, representing 4.94% of the outstanding class, held by a group that includes Donald Smith & Co., Inc., DSCO Value Fund, L.P., and an individual, John Piermont. The filing discloses the allocation of voting and dispositive power: Donald Smith & Co. holds the bulk of control with 881,677 shares of sole voting power and 950,127 shares of sole dispositive power, while DSCO Value Fund and John Piermont hold 8,767 and 500 shares, respectively.
The report classifies the primary filer as an investment adviser and indicates the position is reported under the Schedule 13G framework as ownership of 5% or less. The filing includes a certification that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. An exhibit identifying group members is referenced.
Motorcar Parts of America, Inc. (MPAA) reported a materially stronger quarterly performance driven by higher sales, improved margins and positive operating cash flow. Consolidated net sales rose to $188.4 million (up 10.9% year-over-year), gross profit increased to $33.9 million with gross margin of 18.0%, and operating income turned positive at $20.1 million versus an operating loss in the prior-year quarter. The company recorded net income of $3.0 million and basic earnings per share of $0.16, compared with a loss a year earlier.
Liquidity and balance-sheet highlights: total assets were $973.4 million, total liabilities $713.2 million, and shareholders' equity $260.1 million. Cash from operations improved to $10.0 million. Key financings include $86.9 million outstanding on the revolving facility (7.40% interest) and related-party convertible notes with a net carrying amount of $40.8 million and a conversion price of $15.00 per share. Material risks disclosed include concentrated customer exposures and large long-term contract assets related to remanufactured cores.