Sills Eric 4

What Happened

Eric Sills, CEO, President and a director of Standard Motor Products, was granted 6,048 restricted shares on 2026-03-04. The shares were issued at $0.00 per share (an award/grant), so there was no cash outlay by Sills; this is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction type: Award/grant of restricted stock (code A).
• Date of transaction: 2026-03-04; Form filed 2026-03-06 (timely within the typical two-business-day reporting window).
• Shares granted: 6,048 at $0.00 per share (reported value $0 on Form 4).
• Shares owned after transaction: not specified in the information provided in this summary.
• Footnotes of note:
  • F1: Grant under the 2025 Omnibus Incentive Plan; exempt from Section 16(b) under Rule 16b-3(d).
  • F2–F3: Some shares are held in trusts (reporting person a beneficiary or trustee); Sills disclaims beneficial ownership of certain trust-held shares.
  • F4: ESOP shares noted as beneficially owned; allocations/dispositions may have changed since last report.

Context

Restricted stock grants are a form of executive compensation that typically vest over time or upon meeting performance conditions; they are common and do not by themselves indicate a buy/sell signal. The Form 4 shows this as an internal compensation award, not a market transaction. Trust and ESOP footnotes indicate portions of Sills’ holdings are subject to trust or plan arrangements and include a standard disclaimer of beneficial ownership for certain trust-held shares.