Standard Motor (NYSE: SMP) grants 5,790 restricted shares to CCO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANDARD MOTOR PRODUCTS, INC. reported that Chief Commercial Officer and EVP Dale Burks acquired 5,790 shares of common stock through a restricted stock grant under the company’s 2025 Omnibus Incentive Plan, at no cash cost per share. Following this equity award, he directly owns 66,006 common shares. The filing also notes 5,796 ESOP shares beneficially owned, with allocations or dispositions potentially having occurred since his last ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BURKS DALE
Role
Chief Commercial Officer & EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,790 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 66,006 shares (Direct)
Footnotes (1)
- Grant of restricted stock under the Company's 2025 Omnibus Incentive Plan exempt from Section 16(b) pursuant to Rule 16b-3(d). ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.
FAQ
What insider transaction did STANDARD MOTOR PRODUCTS (SMP) report for Dale Burks?
STANDARD MOTOR PRODUCTS reported that Chief Commercial Officer Dale Burks received 5,790 shares of common stock as a restricted stock grant. The award came under the company’s 2025 Omnibus Incentive Plan and did not involve an open-market purchase or sale.
What plan was used for the restricted stock grant to Dale Burks at SMP?
The restricted stock grant of 5,790 shares to Dale Burks was made under STANDARD MOTOR PRODUCTS’ 2025 Omnibus Incentive Plan. The award is described as a grant exempt from Section 16(b) under Rule 16b-3(d), indicating it is part of the company’s equity compensation program.
Does the Form 4 show any stock sales by Dale Burks of STANDARD MOTOR PRODUCTS (SMP)?
The Form 4 does not report any stock sales by Dale Burks. It shows an acquisition of 5,790 restricted shares and a separate line reflecting ESOP shares beneficially owned, with no indicated disposition transactions in this particular filing.
What ESOP holdings for Dale Burks are reported by STANDARD MOTOR PRODUCTS (SMP)?
The filing notes that 5,796 ESOP shares are beneficially owned for Dale Burks. A footnote explains that allocations or dispositions of these ESOP shares may have occurred since his last ownership report, so this balance can change over time.