SCHEDULE 13G/A: Marc H. Berman Files Amended Schedule 13G, Disclosing 5.7% Stake in Dorman Products, Inc.
Beneficial Ownership Statement
Marc H. Berman has filed an Amendment No. 9 to Schedule 13G, reporting a 5.7% beneficial ownership stake in Dorman Products, Inc. as of December 31, 2024.
Summary
- Marc H. Berman beneficially owns an aggregate of 1,754,368 shares of Dorman Products, Inc. common stock.
- This ownership represents 5.7% of the company's total outstanding common stock.
- The percentage is calculated based on 30,550,423 shares of common stock outstanding as of the close of business on December 31, 2024.
- Mr. Berman holds sole voting and sole dispositive power over 1,319,544 shares, which includes shares held directly by him and by various trusts where he serves as trustee.
- He holds shared voting and shared dispositive power over 434,824 shares, which includes shares held by his spouse and various trusts where he or his spouse/sister-in-law serve as co-trustees.
- Mr. Berman disclaims beneficial ownership of an additional 2,710,206 shares of Common Stock held by other Shareholders.
- The filing certifies that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: Neutral. A Schedule 13G is a factual disclosure of ownership and does not inherently convey positive or negative sentiment regarding the company's performance or prospects.
Positives
- The filing provides transparency regarding the ownership stake of a significant individual shareholder, Marc H. Berman.
- The continued holding of a substantial stake by a long-term investor may be viewed as a sign of confidence in the company.
Negatives
- No negative information regarding Dorman Products, Inc.'s operations, financial health, or strategic outlook is presented in this ownership disclosure.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an individual's ownership stake and does not provide information related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Provides updated transparency on the ownership stake of a significant individual investor.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement, and the basis for the calculation of shares outstanding. |
| 01/07/2025 | Date of filing of this Schedule 13G Amendment No. 9. |
Keywords
Dorman Products, Marc H. Berman, Schedule 13G, beneficial ownership, common stock, SEC filing, ownership disclosure, institutional investor
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