Pacheco Kathleen 4
Research Summary
AI-generated summary
Dorman (DORM) President Kathleen Pacheco Sells 116 Shares (Tax Withholding)
What Happened
- Kathleen Pacheco, President, Specialty Vehicle at Dorman Products (DORM), had 116 shares withheld to cover tax withholding when restricted stock units vested. The shares were recorded as a disposition (code F) at $125.83 per share for a total value of $14,596 on 2026-06-02.
- This was a withholding to satisfy tax obligations on vested RSUs (a routine administrative disposition), not an open-market sale intended to change ownership exposure.
Key Details
- Transaction date: 2026-06-02; Price: $125.83 per share; Total value: $14,596.
- Transaction type/code: F — shares withheld by the issuer to satisfy tax withholding on vesting of RSUs.
- Shares owned after the transaction: Not specified in the filing.
- Footnote: Issuer withheld the shares upon RSU vesting; withholding is treated as a disposition under Section 16 (per F1).
- Filing timeliness: Reported on 2026-06-03 for a 2026-06-02 transaction (filed promptly; not late).
Context
- Tax-withholding dispositions are common when restricted stock units vest; the company withholds a portion of shares to pay the employee’s tax bill. Such transactions are administrative and generally not interpreted as an insider selling shares to express a view on the company’s prospects.
- For retail investors, purchases signal stronger insider conviction than routine tax withholdings; use this information alongside other insider trades and company fundamentals.