Standard Motor Products exec sells 12,551 shares
STANDARD MOTOR PRODUCTS, INC.
Rhea-AI Filing Summary
STANDARD MOTOR PRODUCTS, INC. (SMP) reported insider transactions by Chief Commercial Officer & EVP Dale Burks. On August 14, 2026, Burks sold 9,051 shares of common stock at a weighted average price of $38.71 per share in multiple trades. On August 18, 2026, he sold an additional 3,500 shares at a weighted average price of $38.76 per share, also in multiple trades. Both transactions involved directly held common stock. The filing also notes ESOP shares beneficially owned, with allocations or dispositions potentially occurring since Burks’ last ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,551 shares
Net Sell
3 txns
Insider
BURKS DALE
Role
Chief Commercial Officer & EVP
Sold
12,551 shs ($486K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 3,500 | $38.76 | $136K |
| Sale | Common Stock F1 | 9,051 | $38.71 | $350K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 59,241 shares (Direct)
Footnotes (3)
- F1. This transaction was executed in multiple trades at prices ranging from $38.50 to $39.00. 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. This transaction was executed in multiple trades at prices ranging from $38.75 to $38.83. 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.
- F3. 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 (Aug 14, 2026): 9,051 shares
Weighted average price (Aug 14, 2026): $38.71 per share
Shares sold (Aug 18, 2026): 3,500 shares
+2 more
5 metrics
Shares sold (Aug 14, 2026)
9,051 shares
Open-market sale of SMP common stock by Dale Burks at weighted average price
Weighted average price (Aug 14, 2026)
$38.71 per share
Sale executed in multiple trades between $38.50 and $39.00
Shares sold (Aug 18, 2026)
3,500 shares
Open-market sale of SMP common stock by Dale Burks at weighted average price
Weighted average price (Aug 18, 2026)
$38.76 per share
Sale executed in multiple trades between $38.75 and $38.83
Total shares sold (all reported sales)
12,551 shares
Aggregate sellShares reported in transactionSummary for these Form 4 transactions
Key Terms
weighted average sale price, beneficially owned, ESOP
3 terms
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
beneficially owned financial
"ESOP shares beneficially owned. Allocations and/or dispositions may have occurred"
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.
ESOP financial
"ESOP shares beneficially owned. Allocations and/or dispositions may have occurred"
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.
FAQ
What insider transactions did SMP executive Dale Burks report on this Form 4?
Dale Burks reported two open-market sales of STANDARD MOTOR PRODUCTS (SMP) common stock, totaling 2 separate transactions on August 14 and August 18, 2026, both from directly held shares.
What price ranges applied to Dale Burks’ SMP stock sales?
For August 14, 2026, Burks’ SMP sales occurred between $38.50 and $39.00 per share. For August 18, 2026, sales occurred between $38.75 and $38.83, with the reported prices being weighted averages of those trades.
Were Dale Burks’ SMP stock sales part of a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmative. The footnotes describing the August 14 and August 18, 2026 transactions do not state that these sales were executed pursuant to a Rule 10b5-1 trading plan.
What does the Form 4 say about Dale Burks’ ESOP holdings in SMP?
The filing notes that Burks has ESOP shares beneficially owned in STANDARD MOTOR PRODUCTS (SMP). It also states that allocations and/or dispositions may have occurred since his last ownership report, without specifying the current ESOP share count.
AI-generated analysis. How Rhea-AI works. Not financial advice.