Form 4: Motorcar Parts of America Director Exercises Stock Options
SEC Form 4 Filing
Barbara L. Whittaker, a director of Motorcar Parts of America Inc., executed stock options and disposed of shares on October 10, 2024.
Summary
- On October 10, 2024, Barbara L. Whittaker, a director at Motorcar Parts of America Inc. (MPAA), exercised stock options.
- This transaction involved the acquisition of 12,578 shares of common stock at a price of $0.00.
- Following the transaction, Whittaker disposed of 12,578 shares, resulting in a total of 42,559 shares beneficially owned.
- The transaction was executed under Transaction Code 'M', indicating the exercise of derivative securities.
- Whittaker also disposed of 12,578 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by a company director, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director's stock activities.
Key Dates
| Date | Description |
|---|---|
| 10/10/2024 | Date of transaction: Exercise of stock options and disposal of shares and restricted stock units. |
| 10/11/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.