Form 4: Dorman Products Director Darrell Thomas Reports Stock Disposal for Tax Obligations

Director Darrell Thomas of Dorman Products, Inc. reports disposing of 46 shares of common stock to cover tax obligations upon vesting of restricted stock units.

Summary

• On May 16, 2025, Darrell Thomas, a director of Dorman Products, Inc., disposed of 46 shares of common stock.
• The shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units.
• The transaction occurred at a price of $132.03 per share.
• Following the transaction, Thomas directly owns 5,537 shares of Dorman Products, Inc.
• The reporting person clarifies that the filing of this statement should not be construed as an admission of beneficial ownership or a legal requirement to file.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reports a standard transaction related to tax obligations.

Management Comments

• The filing of this Statement shall not be construed as an admission (a) 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 (b) that this Statement is legally required to be filed by such person.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

Keywords

Dorman Products, Director, Form 4, Stock Disposal, Tax Obligations, Beneficial Ownership, Restricted Stock Units