Norris Alisa C. 4
Research Summary
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SMP Director Alisa C. Norris Receives Restricted Stock Award
What Happened Alisa C. Norris, a director of Standard Motor Products, was granted 3,321 restricted shares on 2026-05-21. The filing reports an acquisition at $0.00 per share (total reported cost $0), indicating a compensation award rather than a market purchase.
Key Details
- Transaction date: 2026-05-21 (reported on Form 4 filed 2026-05-22).
- Transaction type/code: Grant/Award (code A) — 3,321 restricted shares at $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — Grant of restricted stock under the Company's 2025 Omnibus Incentive Plan.
- Timeliness: Filing date (2026-05-22) indicates the Form 4 was filed promptly after the transaction.
Context Restricted stock grants are typically compensation that vest over time under the company’s incentive plan; they are non-cash awards and do not necessarily indicate the insider actively bought stock on the open market. The reported $0 value reflects the nature of the grant reporting, not market value. Retail investors may watch for vesting events or later sales reported on subsequent Form 4s for additional insight.