Standard Motor Products’ Dale Burks plans $226K sale
STANDARD MOTOR PRODUCTS, INC.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
STANDARD MOTOR PRODUCTS, INC. (SMP) is the issuer for a Rule 144 notice filed for sales by Dale Burks. The filing covers a proposed sale of 5,798 common shares of SMP through Fidelity Brokerage Services LLC, with an aggregate market value of $226,122.00, based on shares outstanding of 22,340,293 as of the notice. The shares to be sold were acquired via restricted stock vesting awards in 2020, 2022, and 2023 as compensation from the issuer.
The notice also reports that recent sales in the past three months occurred in the Dale & Kelli Burks Revocable Living Trust and in an account of Dale Burks, with the filing stating that these trust sales are attributable to Dale Burks as a trustee and account stakeholder.
Key Figures
Key Terms
Rule 144 regulatory
Restricted Stock Vesting financial
Revocable Living Trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing for SMP by Dale Burks disclose?
AI-generated analysis. How Rhea-AI works. Not financial advice.