Standard Motor Products CLO sells 5,250 shares
STANDARD MOTOR PRODUCTS, INC.
Rhea-AI Filing Summary
STANDARD MOTOR PRODUCTS, INC. (SMP) reports that Carmine Joseph Broccole, its CLO & Secretary, sold 5,250 shares of Common Stock on September 9, 2026 in a sale in the open market or a private transaction at a weighted average price of $39.24 per share, with individual trade prices ranging from $39.00 to $39.50. The filing states this price as a weighted average and indicates that full trade-by-trade details are available upon request, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,250 shares
Net Sell
2 txns
Insider
Broccole Carmine Joseph
Role
CLO & Secretary
Sold
5,250 shs ($206K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 5,250 | $39.24 | $206K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 80,458 shares (Direct)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $39.00 to $39.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares at which the transaction was effected.
- F2. ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.
Key Figures
Shares sold: 5,250 shares
Weighted average sale price: $39.24 per share
Trade price range: $39.00–$39.50 per share
3 metrics
Shares sold
5,250 shares
Common Stock sold by Carmine Joseph Broccole on September 9, 2026
Weighted average sale price
$39.24 per share
Weighted average for the 5,250-share sale on September 9, 2026
Trade price range
$39.00–$39.50 per share
Price range of multiple trades comprising the reported sale
Key Terms
weighted average sale price, ESOP, beneficially owned, allocations and/or dispositions
4 terms
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
ESOP financial
"ESOP shares beneficially owned"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
beneficially owned financial
"ESOP shares beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
allocations and/or dispositions financial
"Allocations and/or dispositions may have occurred"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMP report for Carmine Joseph Broccole?
SMP reported that Carmine Joseph Broccole, CLO & Secretary, sold 5,250 shares of Common Stock on September 9, 2026 at a weighted average price of $39.24 per share in a sale in the open market or a private transaction.
Was a Rule 10b5-1 trading plan used for this SMP insider sale?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative trading plan, indicating no Rule 10b5-1 plan is reported for the September 9, 2026 sale of 5,250 SMP shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.