Motorcar Parts (MPAA) GC Glenn Burlingame Sells 2,132 Shares

What Happened Glenn D. Burlingame, Vice President, General Counsel and Secretary of Motorcar Parts of America (MPAA), had 2,132 shares disposed of at $15.30 per share on June 20, 2026, generating proceeds of approximately $32,620. This disposition was a tax-withholding event tied to RSU vesting (coded "F"), not an open-market sale for investment purposes.

Key Details

• Transaction date and price: 2026-06-20 — 2,132 shares withheld at $15.30/share (total ≈ $32,620).
• Transaction code: F (payment of tax liability on vesting of RSUs). Footnote: "Used to pay taxes on vesting of RSUs."
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Report filed on 2026-07-24 for a 2026-06-20 transaction — the Form 4 was filed late relative to the typical 2-business-day requirement.

Context This was a routine tax-withholding disposition tied to RSU vesting (a common administrative transaction). Such withholdings do not necessarily indicate insider sentiment about the stock since shares are surrendered to satisfy tax obligations rather than sold for investment reasons.