[Form 4] STANDARD MOTOR PRODUCTS, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANDARD MOTOR PRODUCTS, INC. director and Chief Operating Officer James J. Burke reported an acquisition of company stock. He received a grant of 579 shares of restricted common stock at no cost under the company’s 2025 Omnibus Incentive Plan, exempt from Section 16(b) under Rule 16b-3(d).
Following this grant, he directly holds 79,311 shares of common stock. In addition, ESOP shares are shown as beneficially owned, with a note that allocations or dispositions in the ESOP may have changed since his last ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BURKE JAMES J
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 579 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 79,311 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 SMP executive James J. Burke report on this Form 4?
James J. Burke reported receiving a grant of 579 shares of restricted common stock. The award was made under Standard Motor Products’ 2025 Omnibus Incentive Plan and carried a price of $0.00 per share, reflecting a stock-based compensation grant rather than a market purchase.
What plan was used for James J. Burke’s restricted stock award at Standard Motor Products (SMP)?
The restricted stock award to James J. Burke was granted under Standard Motor Products’ 2025 Omnibus Incentive Plan. This type of plan typically governs equity-based compensation for executives and other participants, aligning part of their compensation with company stock performance.
Is James J. Burke’s SMP restricted stock grant subject to Section 16(b) short-swing profit rules?
The filing notes the restricted stock grant is exempt from Section 16(b) under Rule 16b-3(d). This exemption generally applies to certain board-approved compensation awards, meaning the transaction is not treated as a short-swing profit opportunity under those specific SEC rules.