Form 4: Dorman Products Director Steven Berman Reports Stock Transactions

Director Steven Berman reports acquisition and disposition of Dorman Products stock due to restricted stock unit settlement and tax withholding.

Summary

• On February 20, 2025, Steven Berman, a director of Dorman Products, Inc., reported transactions involving the company's common stock.
• He acquired 2,066 shares upon the settlement of performance-based restricted stock units granted in fiscal 2022 for the 2022-2024 performance cycle.
• He disposed of 635 shares to satisfy tax withholding obligations related to the vesting of the restricted stock units at a price of $126.49 per share.
• Following these transactions, Berman directly owns 761,857 shares of Dorman Products common stock.
• He also indirectly owns 100,000 shares through a trust and 25,125 shares through the company's 401(k) Retirement Plan and Trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. 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 filing indicates standard compensation practices involving stock-based compensation and tax obligations.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard compensation practices and insider trading activity.

Key Dates

Keywords

Dorman Products, Steven Berman, Form 4, Stock Transaction, Director, Restricted Stock Units, Tax Withholding, Beneficial Ownership