Director at Standard Motor (NYSE: SMP) granted 3,321 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McClymont Patrick reported acquisition or exercise transactions in this Form 4 filing.
STANDARD MOTOR PRODUCTS, INC. director Patrick McClymont received a grant of 3,321 shares of Common Stock on May 21, 2026. The shares were issued as restricted stock under the Company’s 2025 Omnibus Incentive Plan and carried a grant price of $0.00 per share.
Following this equity award, McClymont directly holds 30,919 shares of Standard Motor Products common stock. This is a compensation-related stock grant rather than an open-market purchase or sale, so it mainly reflects ongoing director incentive alignment with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McClymont Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,321 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,919 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 3,321 shares
Grant price per share: $0.00 per share
Shares held after grant: 30,919 shares
+1 more
4 metrics
Restricted stock grant
3,321 shares
Common Stock awarded on May 21, 2026
Grant price per share
$0.00 per share
Restricted stock compensation award
Shares held after grant
30,919 shares
Director’s direct holdings following transaction
Transaction direction
Acquisition (grant/award)
Form 4 transaction code A
Key Terms
restricted stock, 2025 Omnibus Incentive Plan, Form 4, Grant, award, or other acquisition
4 terms
restricted stock financial
"Grant of restricted stock under the Company's 2025 Omnibus Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2025 Omnibus Incentive Plan financial
"Grant of restricted stock under the Company's 2025 Omnibus Incentive Plan."
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
Form 4 regulatory
"After the reported grant, Patrick McClymont holds 30,919 shares of Standard Motor Products common stock directly, as disclosed in the Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"Transaction is classified as Grant, award, or other acquisition."
FAQ
What insider transaction did SMP director Patrick McClymont report?
Patrick McClymont reported receiving a grant of 3,321 shares of Standard Motor Products common stock. The shares were awarded as restricted stock under the 2025 Omnibus Incentive Plan and represent equity-based compensation, not an open-market purchase or sale of shares.
What plan governed the SMP restricted stock grant to Patrick McClymont?
The restricted stock grant was made under Standard Motor Products’ 2025 Omnibus Incentive Plan. This plan provides for equity-based awards, such as restricted stock, to directors and other eligible participants as part of their overall compensation structure.