SEC Form 4 · accession 0001160863-26-000001
MOTORCAR PARTS OF AMERICA INC · MPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joffe Selwyn
Officer — President, CEO & Chairman · Director
Period of report
Jun 19, 2026
Accepted (ET)
Jun 23, 2026 · 9:20 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000918251
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 20, 2026 | M | 51,501 | $0.00 | A | 615,604 | D | |
| Common StockF1 | Jun 21, 2026 | M | 14,931 | $0.00 | A | 630,535 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Jun 20, 2026 | M | 51,501 | D | — | Dec 31, 2028 | Common Stock | 51,501 | 103,002 | D |
| Restricted Stock UnitsF2 | $0.00 | Jun 21, 2026 | M | 14,931 | D | — | Dec 31, 2027 | Common Stock | 14,931 | 14,932 | D |
| Performance-Vesting Restricted Stock UnitsF3 | $0.00 | Jun 19, 2026 | A | 133,977 | A | — | Jun 19, 2029 | Common Stock | 133,977 | 133,977 | D |
| Restricted Stock UnitsF2 | $0.00 | Jun 19, 2026 | A | 133,977 | A | — | Jun 19, 2029 | Common Stock | 133,977 | 133,977 | D |
Explanation of responses
- F1Shares earned upon vesting of RSUs
- F2Vesting 1/3 each year for 3 years from grant date of June 19, 2026.
- F3One-half of these PSUs will vest if the Company achieves a total shareholder return relative to the Russell 3000 (excluding real estate and financial institutions and companies with a market capitalization of more than $600 million) measured on 19-Jun-2029. Another one-sixth of these PSUs will vest if the Company achieves a 30 trading-day trailing average market closing price ('PPS') of at least $16 during the three-year period ending on the earlier of 19-Jun-2029 and the date of consummation of a change in control (the 'Period'); another one-sixth of these PSUs will vest if the Company achieves a PPS during the Period of at least $18 during the Period; and the remaining one-sixth of these PSUs will vest if the PPS is equal to or greater than $19 as follows: 50% if the PPS equals $19, 100% if the PPS equals $20 and 150% if the PPS equals or exceeds $22 (if the PPS falls between these levels the vesting percentage will be determined using interpolation).