Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Steven L. Berman, director at Dorman Products Inc. (NASDAQ: ), recently sold a large portion of his common stock in the company. According to the most recent SEC filing, Berman made sales on January 17 and January 21, 2025, totaling $827,477. The timing is notable as Dorman’s stock has shown incredible strength, posting a 53% gain over the past year. InvestingPro data reveals the company is currently trading near $130, maintaining strong momentum with a 29% gain over the past six months.
Sales were made in multiple transactions, with prices ranging from $130.6347 to $131.3405 per share. Based on these transactions, Berman owns 819,605 shares directly. In addition, he holds indirect ownership of 100,000 shares in a trust and 24,769 shares in a 401(k) plan.
These transactions are made under a pre-planned business plan, known as a 10b5-1 plan, which allows insiders to set up a pre-planned schedule to sell the company’s stock.
This article was created with the support of AI and reviewed by the editor. For more information, see our T&C.
