Form 4: Dorman Products Director Steven L. Berman Sells 285 Shares

Director Steven L. Berman of Dorman Products, Inc. sold 285 shares of common stock at a weighted average price of $123.5016 on January 10, 2025.

Summary

• Steven L. Berman, a director at Dorman Products, Inc., sold 285 shares of common stock on January 10, 2025.
• The sale was executed at a weighted average price of $123.5016 per share.
• Following the transaction, Mr. Berman directly owns 833,527 shares of Dorman Products stock.
• He also indirectly owns 100,000 shares through a trust and 24,769 shares through the company's 401(k) plan.
• The shares held in trust are for the benefit of his grandchildren, and he disclaims beneficial ownership of these shares.
• The shares held in the 401(k) are represented by units in a unitized stock fund.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing about a routine stock sale by a director. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It does not indicate any specific trend in the automotive parts industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for all publicly traded companies in the US.
• The sale of 285 shares by a director is a relatively small transaction and does not indicate any significant change in the company's outlook compared to similar companies.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but the transaction is small and unlikely to cause significant concern.

Key Dates

Keywords

Dorman Products, insider trading, Form 4, stock sale, Steven L. Berman, director, equity securities