Form 4: Dorman Products Director Steven L. Berman Sells Shares Worth $25,155

Director Steven L. Berman sold 215 shares of Dorman Products, Inc. at an average price of $117.01 on September 20, 2024.

Summary

• On September 20, 2024, Steven L. Berman, a director of Dorman Products, Inc., sold 215 shares of common stock at an average price of $117.01.
• The total value of the shares sold was $25,155.
• Following the transaction, Berman directly owns 881,298 shares.
• Berman also indirectly owns shares through a trust for his grandchildren (100,000 shares), a Charitable Remainder Trust (45,825 shares), and the company's 401(k) Retirement Plan and Trust (24,587 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading activity and are used to ensure transparency in the market. This sale represents a small fraction of Berman's total holdings.

Stakeholder Impact

• The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale relative to the director's total holdings.

Key Dates