Form 4: Dorman Products SVP, Sales and Marketing, Jeffery Darby, Reports Tax Withholding Share Disposition
SEC Form 4 Filing
Jeffery Darby, SVP of Sales and Marketing at Dorman Products, Inc., reported the disposition of 444 shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On March 4, 2025, Jeffery Darby, SVP of Sales and Marketing at Dorman Products, Inc., disposed of 444 shares of common stock.
- The disposition was due to the withholding of shares by the issuer to satisfy tax obligations related to the vesting of restricted stock units.
- The price per share for the transaction was $130.25.
- Following the transaction, Darby directly owns 17,979 shares of Dorman Products, Inc.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and does not indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for companies to withhold shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of the transaction (disposition of shares). |
| 03/05/2025 | Date of the signature on the Form 4 filing. |
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