Standard Motor CLO awarded shares, withholds for taxes
STANDARD MOTOR PRODUCTS, INC. chief legal officer and secretary Carmine Joseph Broccole reported equity-based compensation and related tax withholding in company stock.
Rhea-AI Filing Summary
STANDARD MOTOR PRODUCTS, INC. chief legal officer and secretary Carmine Joseph Broccole reported equity-based compensation and related tax withholding in company stock. On February 24, 2026, he received a grant of 3,011 shares of common stock under the 2025 Omnibus Incentive Plan at no purchase price.
To cover tax obligations on this award, 3,657 shares of common stock were disposed of through share withholding at a reported price of $44.19 per share, rather than through an open-market sale. After these transactions, he directly owned 82,721 common shares and also beneficially owned 5,481 ESOP shares as reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,011 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,657 | $44.19 | $162K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Grant of restricted stock under the Company's 2025 Omnibus Incentive Plan exempt from Section 16(b) pursuant to Rule 16b-3(d).
- F2. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(e). Shares were withheld to satisfy tax withholding obligations. The price reported above reflects the closing price of the issuer's Common Stock on February 24, 2026.
- F3. ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.
FAQ
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What insider stock transactions did SMP officer Carmine Joseph Broccole report?
What plan governed Carmine Broccole’s Standard Motor Products stock grant?
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