Form 4: Dorman Products SVP and CFO Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Dorman Products' SVP and CFO, David Hession, reported a disposition of 370 shares of common stock on November 19, 2024.

Summary

  • David Hession, the SVP and CFO of Dorman Products, Inc., filed a Form 4 indicating a change in beneficial ownership of company stock.
  • The transaction involved the disposition of 370 shares of common stock on November 19, 2024.
  • The disposition was a gift, and the price per share was $0.
  • Following the transaction, Mr. Hession beneficially owns 16,451.1582 shares of Dorman common stock.
  • This amount includes 165.0235 shares acquired through the company's employee stock purchase plan since his last Form 4 filing.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment. It simply reports a stock transaction.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the United States.
  • The reporting of stock transactions by executives is a common occurrence across all industries.
  • The level of detail provided in this filing is consistent with SEC requirements and industry norms.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a relatively small transaction by an executive.
  • The filing provides transparency to stakeholders regarding insider trading activity.

Key Dates

DateDescription
11/19/2024Date of the stock transaction (disposition of 370 shares).
11/21/2024Date the Form 4 was signed.

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Dorman Products, David Hession, SVP, CFO, Employee Stock Purchase Plan

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