Form 4: Dorman Products SVP, Sales and Marketing, Jeffery Darby, Reports Stock Transactions
SEC Form 4 Filing
Jeffery Darby, SVP of Sales and Marketing at Dorman Products, reports the acquisition of 1,854 shares and disposition of 849 shares of common stock on February 20, 2025.
Summary
- On February 20, 2025, Jeffery Darby, SVP of Sales and Marketing at Dorman Products, engaged in transactions involving the company's common stock.
- He acquired 1,854 shares through the settlement of performance-based restricted stock units granted in fiscal year 2022 for the 2022-2024 performance cycle.
- Additionally, he disposed of 849 shares to cover tax withholding obligations related to the vesting of restricted stock units at a price of $126.49 per share.
- Following these transactions, Darby directly owns 17,290 shares of Dorman Products common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock acquisition and disposition. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Dorman Products, Jeffery Darby, Stock Transactions, Form 4, Beneficial Ownership, Restricted Stock Units, Tax Withholding, DORM
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