|4Feb 26, 3:59 PM ET

BURKS DALE 4

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STANDARD MOTOR PRODUCTS (SMP) EVP Dale Burks Receives 5,790 Shares

What Happened Dale Burks, Chief Commercial Officer and Executive Vice President of Standard Motor Products (SMP), was granted 5,790 restricted shares on February 24, 2026. The Form 4 reports the acquisition as an award (code A) with an acquisition price of $0.00 (total reported value $0), indicating these are compensation shares rather than an open-market purchase.

Key Details

  • Transaction date: 2026-02-24; Form 4 filed: 2026-02-26.
  • Transaction type: Award/grant of restricted stock (Code A).
  • Shares acquired: 5,790; reported acquisition price: $0.00 (total $0).
  • Shares owned after the transaction: not specified in the filing. Footnote F2 notes ESOP shares beneficially owned and that allocations/dispositions may have occurred since the last ownership report.
  • Footnote F1: Grant made under the company’s 2025 Omnibus Incentive Plan and is exempt from Section 16(b) pursuant to Rule 16b-3(d) (standard exemption for officer awards).
  • Filing appears timely (no late-filing indication in the report).

Context This was a compensation-related restricted stock grant, which is common for executive pay packages. Such awards are different from open-market purchases (which some investors view as a stronger bullish signal) and do not, by themselves, indicate buying or selling intent. The Rule 16b-3(d) exemption simply reflects standard SEC treatment for grants made under an executive compensation plan.