Form 4: Dorman Products SVP Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Eric Luftig, Senior Vice President of Product at Dorman Products, Inc., disposed of 306 shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On March 4, 2025, Eric Luftig, Senior Vice President of Product at Dorman Products, Inc., disposed of 306 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $130.25 per share.
- Following the transaction, Luftig beneficially owns 7,956.8719 shares of Dorman Products, Inc. common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (disposal of shares for tax obligations) and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of transaction: Disposal of 306 shares of common stock. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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