SMP CCO Dale Burks sells 5,798 shares at $39
STANDARD MOTOR PRODUCTS, INC.
Rhea-AI Filing Summary
STANDARD MOTOR PRODUCTS, INC. (SMP) reported an insider transaction by Chief Commercial Officer & EVP Dale Burks. On 2026-08-19, Burks sold 5,798 shares of common stock in open-market or private transactions at a weighted average price of $39.00 per share. The trades were executed in multiple lots, and Burks has undertaken to provide detailed trade information upon request to regulators, the issuer, or its security holders. A separate entry notes directly held ESOP shares that are beneficially owned, for which allocations or dispositions may have occurred since the prior ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,798 shares
Net Sell
2 txns
Insider
BURKS DALE
Role
Chief Commercial Officer & EVP
Sold
5,798 shs ($226K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 5,798 | $39.00 | $226K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,443 shares (Direct)
Footnotes (2)
- F1. This transaction was executed in multiple trades at a price of $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. 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: 5,798 shares
Weighted average sale price: $39.00 per share
Net shares sold: 5,798 shares
+1 more
4 metrics
Shares sold
5,798 shares
Common Stock sale by Dale Burks on 2026-08-19
Weighted average sale price
$39.00 per share
Open-market or private sale of 5,798 shares on 2026-08-19
Net shares sold
5,798 shares
Net sell direction across reported transactions in this Form 4
Number of sale transactions
1 sale
Sale transaction entries in the Form 4 transaction summary
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."
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."
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 transaction did SMP report for Dale Burks on this Form 4?
SMP reported that Chief Commercial Officer & EVP Dale Burks sold 5,798 shares of common stock on 2026-08-19 in an open-market or private transaction, according to the Form 4.
Does the Form 4 indicate remaining ESOP holdings for Dale Burks in SMP?
Yes. A holding entry notes ESOP shares beneficially owned by Dale Burks. The footnote states that allocations and/or dispositions of these ESOP shares may have occurred since his last ownership report, without specifying the current share count.
AI-generated analysis. How Rhea-AI works. Not financial advice.
