Form 4: Dorman Products SVP Eric Luftig Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President of Product at Dorman Products, Eric Luftig, reports disposition of shares for tax obligations and acquisition of restricted stock units.
Summary
- Eric Luftig, Senior Vice President of Product at Dorman Products, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 2, 2025, 287 shares of common stock were disposed of at a price of $131.46 to cover tax withholding obligations upon vesting of restricted stock units.
- On March 3, 2025, Luftig acquired 1,905 restricted stock units, representing a contingent right to receive shares of Dorman common stock.
- These restricted stock units will vest in three equal annual installments starting on March 3, 2026.
- Following these transactions, Luftig beneficially owns 6,357.8719 shares of common stock directly and 8,262.8719 shares of common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The restricted stock units will vest in three equal annual installments beginning on March 3, 2026.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/02/2025 | Disposition of 287 shares for tax withholding. |
| 03/03/2025 | Grant of 1,905 restricted stock units. |
| 03/03/2026 | First vesting date for restricted stock units. |
| 03/04/2025 | Date of Form 4 filing. |
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