4Filed Sep 8, 8:00 PM ET
Motorcar Parts (MPAA) Director Joseph E. Ferguson Receives 6,882 Shares
$MPAA · MOTORCAR PARTS OF AMERICA INCResearch Summary
AI-generated summary of this SEC filing
Motorcar Parts (MPAA) Director Joseph E. Ferguson Receives 6,882 Shares
What Happened
Joseph Edwin Ferguson, a director of Motorcar Parts of America, had 6,882 restricted stock units (RSUs) convert into 6,882 shares on September 5, 2026. The Form 4 reports an acquisition and a simultaneous disposition of 6,882 derivative securities at $0.00. No cash price or proceeds are reported for these entries; this reflects the RSU-to-share conversion on vesting rather than an open‑market buy or sell.
Key Details
- Transaction date: 2026-09-05. Form 4 filed: 2026-09-09 (appears timely).
- Transaction code: M (exercise/conversion of derivative securities).
- Quantity: 6,882 shares acquired and 6,882 derivative securities disposed; reported price $0.00 (total value $0 reported).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — RSUs were granted 9/5/2025 and all vested 9/5/2026. F2 — the RSUs have no expiration date.
- No 10b5-1 plan, tax-withholding, or cashless-sale details are listed in the excerpt.
Context
This was an RSU vesting and conversion event (award settlement), not an open-market purchase or sale. Such conversions are typically routine compensation vesting for insiders and do not by themselves indicate a buy or sell market signal.