Form 4: Dorman Products CEO Kevin M. Olsen Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Kevin M. Olsen, President and CEO of Dorman Products, Inc., reported the disposal of 2,724 shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On March 4, 2025, Kevin M. Olsen, the President and CEO of Dorman Products, Inc., disposed of 2,724 shares of common stock.
- The disposal was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
- Following the transaction, Olsen directly owns 75,446.567 shares of Dorman Products, Inc.
- The shares were disposed of at a price of $130.25.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related stock disposal, which is common when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine stock disposal for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock disposal transaction |
| 03/05/2025 | Date of signature on the Form 4 filing |
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