Standard Motor (SMP) COO Sunil Bhandari Receives Award of 19,380 Shares

What Happened
Sunil Bhandari, Chief Operations Officer of Standard Motor Products, received a grant of 19,380 restricted shares on 2026-06-01. The shares were reported as acquired at a price of $0.00 (i.e., no cash paid). This transaction was an award/grant (Form 4 transaction code "A"), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-01; filing date: 2026-06-03 (filed within the usual 2-business-day Form 4 window).
• Shares granted: 19,380; reported price: $0.00 (award/grant).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 — Grant of restricted stock under the Company's 2025 Omnibus Incentive Plan.
• Transaction code: A (Award/Grant). No tax-withholding or sale reported in this filing.

Context
Restricted stock awards are typically subject to vesting conditions and cannot be sold until vested; they represent compensation rather than a market purchase. Such grants do not necessarily indicate immediate buying or selling intent by the insider.