Sills Eric 4
4 · STANDARD MOTOR PRODUCTS, INC. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Standard Motor Products CEO Eric Sills Receives 6,048-Share Award
What Happened
Eric Sills, CEO, President and a director of Standard Motor Products, was granted 6,048 restricted shares on 2026-03-04. The shares were issued at $0.00 per share (an award/grant), so there was no cash outlay by Sills; this is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction type: Award/grant of restricted stock (code A).
- Date of transaction: 2026-03-04; Form filed 2026-03-06 (timely within the typical two-business-day reporting window).
- Shares granted: 6,048 at $0.00 per share (reported value $0 on Form 4).
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes of note:
- F1: Grant under the 2025 Omnibus Incentive Plan; exempt from Section 16(b) under Rule 16b-3(d).
- F2–F3: Some shares are held in trusts (reporting person a beneficiary or trustee); Sills disclaims beneficial ownership of certain trust-held shares.
- F4: ESOP shares noted as beneficially owned; allocations/dispositions may have changed since last report.
Context
Restricted stock grants are a form of executive compensation that typically vest over time or upon meeting performance conditions; they are common and do not by themselves indicate a buy/sell signal. The Form 4 shows this as an internal compensation award, not a market transaction. Trust and ESOP footnotes indicate portions of Sills’ holdings are subject to trust or plan arrangements and include a standard disclaimer of beneficial ownership for certain trust-held shares.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-04+6,048→ 184,480 total
- 258,156(indirect: By Trust)
Common Stock
[F2] - 191,094(indirect: By Trust)
Common Stock
[F3] - 8,206
Common Stock
[F4]
Footnotes (4)
- [F1]Grant of restricted stock under the Company's 2025 Omnibus Incentive Plan exempt from Section 16(b) pursuant to Rule 16b-3(d).
- [F2]These shares are held in a trust in which the reporting person is a beneficiary.
- [F3]These shares are held in a trust, of which the reporting person is trustee, and in which the reporting person's children are beneficiaries. The reporting person disclaims beneficial ownership of these shares, and the filing of this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- [F4]ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.