Nicholas Ray 4

What Happened

Nicholas Ray, Chief Information Officer & VP IT of Standard Motor Products, reported an open-market sale of 5,822 shares on 2026-06-08. The weighted-average sale price was $39.75, resulting in gross proceeds of approximately $231,425. This was a sale (not a purchase or option exercise), which is commonly routine insider liquidity.

Key Details

• Transaction date: 2026-06-08 (filed 2026-06-09 — timely filing).
• Shares sold: 5,822; weighted-average price reported $39.75; prices in the multiple trades ranged $39.75–$39.83 (footnote F1).
• Reported proceeds: ~$231,425.
• Shares owned after transaction: Not specified in the provided filing data.
• Notable footnotes: F1 notes the sale was executed in multiple trades and the filer can provide detailed per-trade prices/quantities on request; F2 indicates ESOP shares are beneficially owned and allocations/dispositions may have changed since the last ownership report.
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation was indicated in the provided information.

Context

This was an outright open-market sale by a company officer. Sales can be routine (personal liquidity, tax planning, ESOP allocations) and do not by themselves indicate company performance or insider sentiment. Purchases tend to be more informative about insider conviction; no purchase or option exercise was reported here.