Form 4: MPAA Director Converts RSUs to Common Stock

Frederic Jack Liebau, Jr., a director at Motorcar Parts of America Inc., converted 1,245 Restricted Stock Units into common stock.

Summary

• Frederic Jack Liebau, Jr., a Director of Motorcar Parts of America Inc. (MPAA), reported a change in beneficial ownership.
• On November 10, 2025, Mr. Liebau exercised 1,245 Restricted Stock Units (RSUs) at an exercise price of $0.
• This transaction resulted in the acquisition of 1,245 shares of common stock.
• Following this transaction, Mr. Liebau directly beneficially owns 25,368 shares of common stock.
• Concurrently, 1,245 derivative securities (Restricted Stock Units) were disposed of, reducing his RSU holdings.
• After the transaction, Mr. Liebau directly beneficially owns 5,637 Restricted Stock Units.
• The transaction was made pursuant to a Rule 10b5-1 pre-arranged trading plan.

Sentiment

Score: 6

Explanation: The filing reports a routine conversion of Restricted Stock Units into common stock by a director, which is a standard equity compensation event. While it increases the director's direct common stock holdings, it does not represent a new cash investment or significant change in company fundamentals.

Positives

• A director increased their direct beneficial ownership of common stock, aligning their interests more closely with shareholders.
• The conversion of Restricted Stock Units into common stock is a routine event for equity compensation, indicating the vesting of previously granted awards.

Stakeholder Impact

• Shareholders: The director's increased direct ownership of common stock may be viewed positively as it further aligns their interests with those of other shareholders.

Key Dates

Keywords

Motorcar Parts of America, MPAA, Form 4, Insider Transaction, Director Stock, Restricted Stock Units, Equity Conversion, 10b5-1 Plan