Form 4: Dorman Products SVP Sells Shares for Tax Obligations
Insider Transaction
Dorman Products' SVP, CIO, Donna M. Long, disposed of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Donna M. Long, SVP, CIO of Dorman Products, Inc. (DORM), reported two dispositions of common stock.
- On March 3, 2026, 221 shares were disposed of at a price of $116.22 per share.
- On March 4, 2026, an additional 531 shares were disposed of at a price of $116.16 per share.
- These dispositions were made to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following these transactions, Donna M. Long beneficially owns 21,019.8738 shares of Dorman Products, Inc. Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction for tax purposes related to equity compensation, rather than a discretionary sale indicating a change in management's outlook.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that this filing details a routine insider transaction for tax withholding purposes, which is common practice for executives receiving equity compensation and does not directly relate to broader industry trends or competitive analysis.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine administrative transaction for tax withholding, not a discretionary sale.
Key Dates
| Date | Description |
|---|---|
| 03/03/2026 | Transaction date for the disposition of 221 shares of Common Stock. |
| 03/04/2026 | Transaction date for the disposition of 531 shares of Common Stock. |
| 03/05/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed and filed. |
Keywords
Dorman Products, DORM, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Corporate Officer
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