Form 4: Dorman Director Gifts Shares, Updates Holdings

Dorman Products Director Steven L. Berman reported gifting 1,254 shares of common stock and updated his beneficial ownership.

Summary

• Steven L. Berman, a Director of Dorman Products, Inc. (DORM), reported a disposition of 1,254 shares of common stock.
• The transaction, coded as a gift ('G'), occurred on December 31, 2025, with a price of $0 per share.
• Following this transaction, Mr. Berman directly beneficially owns 760,498 shares of Dorman Products common stock.
• He also indirectly beneficially owns 100,000 shares held in a trust for his grandchildren, for which he disclaims beneficial ownership for Section 16 purposes.
• Additionally, Mr. Berman indirectly beneficially owns 24,281 shares through units held in the Issuer's 401(k) Retirement Plan and Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. A gift of shares by a director is primarily a personal financial planning event and does not inherently signal positive or negative company performance or strategic shifts.

Negatives

• Direct beneficial ownership of Dorman Products common stock by Director Steven L. Berman decreased by 1,254 shares due to a gift.

Management Comments

• Steven L. Berman disclaims beneficial ownership of the 100,000 shares held by a trust for his grandchildren, stating the report should not be deemed an admission of beneficial ownership for Section 16 purposes or any other purpose.
• The filing of this Statement shall not be construed as an admission that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or that this Statement is legally required to be filed by such person.

Industry Context

StockSavvy.ai notes that insider transactions, such as gifts of shares, are common for estate planning purposes and typically do not reflect a change in the company's operational performance or strategic direction. These disclosures provide transparency into executive and director holdings.

Related Party Transactions

• 100,000 shares are indirectly held in a trust for the benefit of the reporting person's grandchildren, with the reporting person's spouse serving as a co-trustee.

Stakeholder Impact

• Shareholders: Minimal impact, as the transaction is a small disposition by a director for personal reasons, not indicative of company performance.
• Management: No direct impact on company management or operations.

Key Dates

Keywords

Dorman Products, DORM, Steven L. Berman, Insider Transaction, Form 4, Share Gift, Beneficial Ownership, Director Holdings