Form 4: Dorman Products SVP, CHRO Scott Leff Reports Stock Disposal for Tax Obligations
SEC Form 4
Scott Leff, SVP, CHRO of Dorman Products, Inc., reports the disposal of 539 shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On March 4, 2025, Scott Leff, the SVP, CHRO of Dorman Products, Inc., disposed of 539 shares of common stock.
- The transaction was executed at a price of $130.25 per share.
- This disposal was due to the withholding of shares by the issuer to satisfy tax obligations related to the vesting of restricted stock units.
- Following the transaction, Leff directly owns 13,945.2428 shares of Dorman Products, Inc.
- The filing explicitly states that it should not be construed as an admission of beneficial ownership or a legal requirement to file the statement.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't indicate any strategic shift or concern.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations, which is a common occurrence when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock disposal transaction. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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