Standard Motor Products (NYSE:SMP) VP Sells 1,263 Shares of Stock
MarketBeat
Standard Motor Products, Inc. (NYSE:SMP - Get Free Report) VP Ray Nicholas sold 1,263 shares of the stock in a transaction on Tuesday, November 10th. The shares were sold at an average price of $44.17, for a total value of $55,786.71. Following the sale, the vice president owned 35,166 shares in the company, valued at approximately $1,553,282.22. This represents a 3.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NYSE:SMP