Form 4: Dorman Products Director Lisa M. Bachmann Reports Tax Withholding Share Disposition
SEC Form 4 Filing
Director Lisa M. Bachmann reports disposition of 47 common stock shares of Dorman Products, Inc. to cover tax obligations upon vesting of restricted stock units.
Summary
- On May 17, 2024, Lisa M. Bachmann, a director of Dorman Products, Inc., disposed of 47 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 $91.33 per share.
- Following the transaction, Bachmann directly owns 4,402 shares of Dorman Products, Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, and does not indicate any significant 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 filing indicates a standard tax withholding procedure related to equity compensation.
Stakeholder Impact
- The transaction has a negligible impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of transaction: Disposition of 47 shares of common stock. |
| 05/21/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.