Long Donna M. 4
Research Summary
AI-generated summary
Dorman (DORM) SVP/CIO Donna M. Sells 947 Shares
What Happened
- Donna M., Senior Vice President and Chief Investment Officer of Dorman Products (DORM), sold a total of 947 shares on March 12, 2026 in three open‑market transactions (318, 394 and 235 shares). Reported proceeds totaled approximately $97,608 (318 @ $102.19 = $32,496; 394 @ $103.21 = $40,665; 235 @ $104.03 = $24,447).
- These were sales (S) — routine dispositions rather than purchases. The filings indicate the trades were executed under a prearranged Rule 10b5‑1 trading plan.
Key Details
- Transaction date: March 12, 2026 (reported on Form 4 filed March 16, 2026).
- Prices and ranges (weighted averages reported; multiple fills per lot):
- 318 shares — weighted avg $102.19; range $101.774–$102.772 (F2).
- 394 shares — weighted avg $103.21; range $102.775–$103.731 (F3).
- 235 shares — weighted avg $104.03; range $103.785–$104.454 (F4).
- Plan/footnote: Sales made pursuant to a Rule 10b5‑1 trading arrangement adopted Aug 20, 2025 (F1).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: Form filed Mar 16, 2026; the excerpt does not indicate a late‑filing flag.
Context
- Sales under a 10b5‑1 plan are typically pre‑scheduled and are considered routine insider dispositions; they do not necessarily reflect a change in the insider’s view of the company.
- For retail investors, purchases generally signal stronger insider conviction than sales; these transactions are informational but not unusual.