Capparelli Alejandro C. 4
Research Summary
AI-generated summary
SMP Director Alejandro Capparelli Receives 3,321-Share Award
What Happened
- Alejandro C. Capparelli, a director of Standard Motor Products, Inc. (SMP), was granted 3,321 shares of restricted stock on 2026-05-21. The reported acquisition price is $0.00 per share (aggregate reported value $0). The transaction is recorded as an award/grant (transaction code A).
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-22 (filed one day after the transaction).
- Price: $0.00 per share; total reported consideration $0.
- Shares acquired: 3,321 restricted shares.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: Grant of restricted stock under the Company’s 2025 Omnibus Incentive Plan (F1).
- Timeliness: Filing appears timely (filed within one business day of the transaction).
Context
- These were restricted stock awards, which typically carry vesting and transfer restrictions; they are not the same as an open-market buy and may not be immediately sellable. Awards are a common form of director/executive compensation and should be interpreted as a grant of equity rather than a market purchase or sale.