Dorman Products, Inc.·4

Feb 23, 4:15 PM ET

Leff Scott 4

Research Summary

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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.