Form 4: Dorman Products Director Steven Berman Reports Stock Transactions

Director Steven Berman reports multiple transactions involving Dorman Products stock, including gifts, distributions from a charitable trust, and holdings in a 401(k).

Summary

• On December 23, 2024, Steven Berman, a director of Dorman Products, received 1,970 shares of common stock from a charitable remainder trust.
• On the same day, he gifted 43,855 shares to the Steven and Ilene Berman Family Foundation.
• On December 26, 2024, Berman gifted an additional 29,300 shares to the same foundation and 900 shares to an undesignated recipient.
• Berman also holds 100,000 shares in trust for his grandchildren and 24,554 shares through the company's 401(k) plan as of December 17, 2024.
• Berman disclaims beneficial ownership of shares held by the charitable remainder trust and the family foundation, except for his and his wife's pecuniary interest in the trust.
• He also disclaims beneficial ownership of the shares held in trust for his grandchildren.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Key Dates