Leff Scott 4
4 · Dorman Products, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Dorman (DORM) SVP Scott Leff Receives Award; Shares Withheld for Taxes
What Happened Scott Leff, Senior Vice President and CHRO of Dorman Products (DORM), had 2,783 performance-based restricted stock units (RSUs settle) vest and be issued to him on February 19, 2026 (code A — award/acquisition). To satisfy tax withholding obligations, the issuer withheld 1,259 of those shares (treated as a disposition under Section 16, code F) at a per-share value of $127.73, resulting in $160,812 withheld.
Key Details
- Transaction date: 2026-02-19. Filing date: 2026-02-23 (appears to be filed within the standard two business-day window).
- Award: 2,783 RSUs issued (acquired at $0 cost to the insider).
- Tax withholding/disposition: 1,259 shares withheld at $127.73/share = $160,812 (treated as a disposition under Section 16).
- Footnotes: F1 — settlement of performance-based RSUs granted in fiscal 2023 for the 2023–2025 cycle. F2 — shares withheld by issuer to satisfy tax withholding obligations.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context This was a routine settlement of performance-based RSUs, not an open-market purchase or voluntary sale. The withholding of shares to cover taxes is common and is reported as a disposition for SEC reporting purposes; it does not necessarily indicate the insider actively sold shares on the market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-19+2,783→ 16,728.243 total - Tax Payment
Common Stock
[F2]2026-02-19$127.73/sh−1,259$160,812→ 15,469.243 total
Footnotes (2)
- [F1]Represents the settlement of performance-based restricted stock units granted in fiscal 2023 for the 2023-2025 performance cycle.
- [F2]These shares were withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.