Form 4: Dorman Products Executive Sells Shares to Cover Tax Obligations
SEC Filing
Lindsay Hunt, Pres & CEO, Specialty Vehicle at Dorman Products, disposed of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 2, 2025, Lindsay Hunt, Pres & CEO, Specialty Vehicle at Dorman Products, Inc., disposed of 90 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $131.46 per share.
- Following the transaction, Hunt beneficially owns 8,157.45 shares of Dorman common stock, which includes 277.0299 shares acquired through the employee stock purchase plan since the last Form 4 filing.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related stock disposal, common among executives with equity compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/02/2025 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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