Form 4: Dorman Products Director John J. Gavin Sells 2,900 Shares
SEC Form 4 Filing
Director John J. Gavin of Dorman Products, Inc. sold 2,900 shares of common stock at a weighted average price of $131.1862 on May 19, 2025.
Summary
- On May 19, 2025, John J. Gavin, a director of Dorman Products, Inc., sold 2,900 shares of the company's common stock.
- The shares were sold at a weighted average price of $131.1862.
- Following the transaction, Gavin directly owns 8,132 shares of Dorman Products, Inc.
- The sale was executed under transaction code 'S', indicating a sale on the open market or a private sale.
- The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the range of $131.135 through $131.300 upon request.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by a company director.
Management Comments
- 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
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge sentiment and potential future stock performance.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of transaction: Sale of 2,900 shares of Dorman Products, Inc. common stock. |
| 05/20/2025 | Date of signature for the Form 4 filing. |
Keywords
Dorman Products, Director, Share Sale, Form 4, Gavin, DORM, SEC
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