Thomas James Darrell 4
Research Summary
AI-generated summary
Dorman (DORM) Director Thomas Darrell Sells 33 Shares (Tax Withholding)
What Happened
Thomas James Darrell, a director of Dorman Products, had 33 shares withheld by the company to satisfy tax withholding upon the vesting of restricted stock units. The withheld shares were valued at $116.16 each for a total disposition of $3,833 on May 15, 2026. This is a tax-withholding disposition (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-05-15
- Price per share: $116.16; Total value: $3,833
- Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting)
- Shares owned after transaction: Not disclosed in this filing
- Filing date: 2026-05-19 — filing appears timely under Section 16 (filed within required business-day window)
- Footnote: The issuer withheld the shares upon RSU vesting; such withholding is treated as a disposition under Section 16.
Context
Tax-withholding dispositions (F) are common when restricted stock units vest and do not necessarily indicate the insider is reducing their position by choice. This was a withholding/cashless-type action to cover tax obligations, not an active sale on the open market.