March 11, 2025 · Form 4 insider transaction
BURKS DALE sold 11,005 shares of Standard Motor Corp. at $27.20 per share, a transaction worth $299.3K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of restricted stock awards issued to the reporting person under the Company's Amended and Restated 2016 Omnibus Incentive Plan. This transaction was executed in multiple trades at prices ranging from $26.93 to $27.43. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.