Motorcar Parts (MPAA) Director Joseph Ferguson Receives RSU Award

What Happened

• Joseph Edwin Ferguson, a director of Motorcar Parts of America, was granted 11,851 Restricted Stock Units (RSUs) on 2026-09-10. The grant is reported as a derivative award (code A) at $0.00 per unit (no cash exchanged). Each RSU represents a contingent right to one share of common stock upon vesting.

Key Details

• Transaction date: 2026-09-10; filing date: 2026-09-14 (appears timely).
• Grant: 11,851 RSUs; reported price per unit: $0.00; total reported value: $0 (award/derivative).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote summary: RSUs vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the next annual meeting of stockholders, subject to continued service; pro rata vesting on termination per the award agreement.
• Transaction code: A = Award/Grant (derivative RSUs), not a market purchase or sale.

Context

• This is a compensation award, not an open-market purchase or sale. Awards like RSUs are routine for directors and convert to actual shares only after vesting; they do not necessarily indicate an immediate bullish or bearish signal.
• Because no cash was paid and the units are contingent on service/vesting, there was no immediate change in market-held shares unless and until RSUs vest and are settled.