Form 4: Dorman Products Executive Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Lindsay Hunt, Pres & CEO, Specialty Vehicle at Dorman Products, disposed of 286 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 4, 2025, Lindsay Hunt, Pres & CEO, Specialty Vehicle at Dorman Products, disposed of 286 shares of common stock.
- The shares were disposed of at a price of $130.25 per share.
- The disposal was to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Hunt directly owns 7,871.45 shares of Dorman Products common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (disposal of shares for tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Executive stock transactions are a common occurrence and are often related to compensation and tax planning. This transaction appears to be a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of transaction: Disposal of 286 shares of common stock. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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