GAVIN JOHN J 4
Research Summary
AI-generated summary
Dorman (DORM) Director Gavin John Receives Restricted Stock Award
What Happened
Gavin John J, a director of Dorman Products, was granted 1,344 restricted stock units (RSUs) on 2026-06-01. The grant is reported at an acquisition price of $122.71 per share, for a notional value of $164,922. This was an award/grant (Form 4 code "A"), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-01; per‑share value used in the filing: $122.71; total notional value: $164,922.
- Security: Restricted stock units (contingent right to receive common shares on vesting).
- Vesting: Per footnote F1, the RSUs vest in full on the earlier of the first anniversary of the grant date or the Company’s next annual meeting of shareholders.
- Shares owned after the transaction: not reported in this filing.
- Filing date: 2026-06-03 (appears timely relative to the 2026-06-01 transaction).
- Remarks: The filing includes a standard disclaimer that it should not be construed as admission of beneficial ownership or legal obligation to file.
Context
RSU grants are typically compensation for service (directors/executives) and represent a contingent right to receive shares upon vesting, not an immediate open‑market purchase. Such awards are routine corporate compensation and do not necessarily signal the insider’s personal buying or selling sentiment.