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Dorman Product Director Steven L. Berman sells shares for $827,477 By Investing.com

Steven L. Berman, director at Dorman products Inch. (NASDAQ: ), recently sold a significant portion of its common stock in the company. According to a recent SEC filing, Berman made sales on January 17 and January 21, 2025 totaling $827,477. The timing is significant because Dorman’s stock has shown incredible strength, returning 53% over the past year. InvestingPro data reveals that the company is currently trading near $130, maintaining strong momentum with a 29% gain over the past six months.

The sale was made in multiple transactions, with prices ranging from $130.6347 to $131.3405 per share. After these transactions, Berman directly holds 819,605 shares. In addition, he retains indirect ownership of 100,000 shares through a trust and 24,769 shares through a 401(k) plan.

These transactions were made under a prearranged trading plan, known as a 10b5-1 plan, which allows insiders to set a predetermined schedule for selling company stock.

This article was generated with the help of AI and reviewed by an editor. See our T&C for more information.





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