STANDARD MOTOR PRODUCTS (NYSE: SMP) COO receives 19,380-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bhandari Sunil reported acquisition or exercise transactions in this Form 4 filing.
STANDARD MOTOR PRODUCTS, INC. Chief Operations Officer Sunil Bhandari received a grant of 19,380 shares of common stock as restricted stock under the Company’s 2025 Omnibus Incentive Plan. The shares were awarded at no cash price and represent his entire reported direct common stock holdings after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bhandari Sunil
Role
Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,380 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,380 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock granted: 19,380 shares
Grant price per share: $0.00 per share
Holdings after transaction: 19,380 shares
3 metrics
Restricted stock granted
19,380 shares
Grant of common stock on 2026-06-01
Grant price per share
$0.00 per share
Reported transaction price for restricted stock
Holdings after transaction
19,380 shares
Total direct common stock owned following grant
Key Terms
restricted stock, 2025 Omnibus Incentive Plan, Form 4
3 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
"The Form 4 specifies 19,380 shares of common stock granted under the company’s 2025 Omnibus Incentive Plan"
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.
FAQ
What insider transaction did STANDARD MOTOR PRODUCTS (SMP) report for Sunil Bhandari?
STANDARD MOTOR PRODUCTS reported that Chief Operations Officer Sunil Bhandari received 19,380 shares of common stock as a restricted stock grant. The award was made under the company’s 2025 Omnibus Incentive Plan and represents compensation rather than an open-market purchase.
What type of equity award did SMP grant to its Chief Operations Officer?
The Chief Operations Officer of STANDARD MOTOR PRODUCTS received a restricted stock grant. The Form 4 specifies 19,380 shares of common stock granted under the company’s 2025 Omnibus Incentive Plan, reflecting typical stock-based compensation rather than a discretionary stock market transaction.
What plan governed the restricted stock grant to the SMP Chief Operations Officer?
The restricted stock grant to STANDARD MOTOR PRODUCTS’ Chief Operations Officer was made under the company’s 2025 Omnibus Incentive Plan. The footnote on the Form 4 explicitly states that the 19,380-share award is a grant of restricted stock pursuant to this incentive plan.