STOCK TITAN

Tax-driven share sale by Standard Motor (SMP) CIO Nicholas Ray

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

STANDARD MOTOR PRODUCTS, INC. executive Nicholas Ray, CIO & VP IT, reported an open-market sale of common stock mainly to cover taxes on vested equity awards. He sold 1,950 shares of common stock at a weighted average price of $38.28 per share in a broker-assisted sale to satisfy withholding tax liability from restricted stock vesting under the company’s Omnibus Incentive Plans. After this sale, he directly holds 41,149 shares of common stock. A separate entry shows 5,627 ESOP shares beneficially owned following the most recent allocation update.

Positive

  • None.

Negative

  • None.
Insider Nicholas Ray
Role CIO & VP IT
Sold 1,950 shs ($75K)
Type Security Shares Price Value
Sale Common Stock 1,950 $38.28 $75K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 41,149 shares (Direct, null)
Footnotes (1)
  1. This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of restricted stock awards issued to the reporting person under the Company's Omnibus Incentive Plans. This transaction was executed in multiple trades at prices ranging from $37.93 to $38.87. 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 and prices at which the transaction was effected. ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.
Shares sold 1,950 shares Open-market sale to cover tax liability
Weighted average sale price $38.28/share Broker-assisted sale in multiple trades
Post-sale common holdings 41,149 shares Common stock held directly after transaction
ESOP shares held 5,627 shares Beneficially owned ESOP shares after latest update
Sale price range $37.93–$38.87/share Multiple trades underlying weighted average price
broker-assisted sale financial
"This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability"
withholding tax liability financial
"to cover the payment of withholding tax liability incurred upon the vesting of restricted stock awards"
restricted stock awards financial
"withholding tax liability incurred upon the vesting of restricted stock awards issued to the reporting person"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Omnibus Incentive Plans financial
"restricted stock awards issued to the reporting person under the Company's Omnibus Incentive Plans"
ESOP shares financial
"ESOP shares beneficially owned. Allocations and/or dispositions may have occurred"
Shares issued under an Employee Stock Ownership Plan (ESOP) are company stock set aside for employees so they own a piece of the business, similar to giving workers a small stake instead of or in addition to bonuses. For investors, ESOP shares matter because they can change how many total shares are outstanding (dilution), align employee and shareholder interests which may boost performance, and affect future selling pressure when employees cash out.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nicholas Ray

(Last)(First)(Middle)
STANDARD MOTOR PRODUCTS, INC.
37-18 NORTHERN BLVD.

(Street)
LONG ISLAND CITY NEW YORK 11101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
STANDARD MOTOR PRODUCTS, INC. [ SMP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CIO & VP IT
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026S1,950D$38.28(1)41,149D
Common Stock5,627(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of restricted stock awards issued to the reporting person under the Company's Omnibus Incentive Plans. This transaction was executed in multiple trades at prices ranging from $37.93 to $38.87. 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 and prices at which the transaction was effected.
2. ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.
Remarks:
/s/ Ray Nicholas06/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did SMP executive Nicholas Ray report in his latest Form 4 filing?

Nicholas Ray reported a sale of 1,950 shares of STANDARD MOTOR PRODUCTS, INC. common stock. The filing states this was a broker-assisted sale to cover withholding tax liability from vested restricted stock awards under the company’s Omnibus Incentive Plans.

How many SMP shares did Nicholas Ray sell and at what price?

Nicholas Ray sold 1,950 shares of STANDARD MOTOR PRODUCTS, INC. common stock at a weighted average price of $38.28 per share. The shares were sold in multiple trades between $37.93 and $38.87 to satisfy tax obligations from restricted stock vesting.

Why did SMP’s Nicholas Ray sell shares according to the Form 4 footnotes?

The Form 4 notes that Nicholas Ray’s sale was a broker-assisted transaction to cover withholding tax liability from the vesting of restricted stock awards. These awards were granted under STANDARD MOTOR PRODUCTS, INC.’s Omnibus Incentive Plans, making the sale primarily tax-related rather than a discretionary liquidation.

How many SMP shares does Nicholas Ray hold after the reported transactions?

Following the reported sale, Nicholas Ray directly holds 41,149 shares of STANDARD MOTOR PRODUCTS, INC. common stock. A separate holding entry shows 5,627 ESOP shares beneficially owned, reflecting allocations within the company’s employee stock ownership plan structure.

What are ESOP shares mentioned in Nicholas Ray’s SMP Form 4 filing?

The filing references 5,627 ESOP shares beneficially owned by Nicholas Ray. ESOP shares are allocations within an employee stock ownership plan, and the footnote notes that allocations or dispositions may have occurred since his prior ownership report, reflecting ongoing plan activity.