Form 4: Dorman Products Director Kelly A. Romano Reports Tax Withholding Share Disposition
SEC Form 4 Filing
Director Kelly A. Romano reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On May 16, 2025, Kelly A. Romano, a director of Dorman Products, Inc., had 46 shares of common stock disposed of to cover tax withholding obligations.
- The shares were withheld by the issuer upon the vesting of restricted stock units.
- The transaction occurred at a price of $132.03 per share.
- Following the transaction, Romano beneficially owns 9,791 shares of Dorman Products, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: Disposition of shares for tax withholding. |
| 05/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Dorman Products, Form 4, Romano, Director, Share Disposition, Tax Withholding, Restricted Stock Units, DORM
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