Standard Motor Products (SMP) CCO Dale Burks Sells Shares

What Happened Dale Burks, Chief Commercial Officer & EVP of Standard Motor Products (SMP), sold a total of 12,551 shares in open-market transactions. On 2026-08-14 he sold 9,051 shares for a weighted average price of $38.71 (total ≈ $350,364). On 2026-08-18 he sold 3,500 shares for a weighted average price of $38.76 (total ≈ $135,660). Combined proceeds were roughly $486,024. These were sales (not purchases or option exercises).

Key Details

• Transaction dates and amounts:
  • 2026-08-14: 9,051 shares sold; weighted avg price $38.71; proceeds ≈ $350,364. (F1: executed in multiple trades at $38.50–$39.00.)
  • 2026-08-18: 3,500 shares sold; weighted avg price $38.76; proceeds ≈ $135,660. (F2: executed in multiple trades at $38.75–$38.83.)
• Total shares sold: 12,551; total proceeds ≈ $486,024.
• Shares owned after the transactions: not specified in the information provided in this summary (filing lists ESOP ownership; see F3).
• Footnotes of note:
  • F1/F2: Each sale was executed in multiple trades; the reported price is a weighted average. Full per-trade details are available upon request to the SEC staff, issuer, or a security holder.
  • F3: Some reported holdings are ESOP shares; allocations or dispositions may have changed since the last ownership report.
• Filing timeliness: Filing date 2026-08-18. The report was filed within the SEC’s two-business-day window for the 2026-08-14 sale and includes the 8/18 sale.

Context

• These were outright open-market sales — common insider activity that can be for many non-investment reasons (taxes, diversification, personal liquidity). Sales do not by themselves indicate company performance or insider sentiment.
• No option exercises, awards, gifts, or 10% owner transactions were reported here; this filing documents routine sale transactions only.