Motorcar Parts of America (MPAA) CFO Sung Sells 10,904 Shares
Lee David Sung sold 10,904 shares of Motorcar Parts of America on June 20, 2026, valued at approximately $162,000.
Reviewed by automated data checks against the source filing. How we make and check alerts
Lee David Sung, CFO at Motorcar Parts of America, Inc. ($MPAA), sold 10,904 shares on June 20, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $MPAA is down 1.1% after 1 week, down 10.4% after 1 month and down 32.8% to date (from the $15.36 close on Jun 18, 2026).
MPAA
Motorcar Parts of America, Inc.
Key Points
- On June 20, 2026, CFO Lee David Sung sold 10,904 shares of MPAA at a price of $14.95 each, totaling around $162,000.
- This sale comes just a day after Sung purchased 28,366 shares on June 19, 2026.
- Motorcar Parts of America is trading near its 52-week high of $18.12, with a market cap of about $199.6 million.
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CFO Lee David Sung's Recent Sale
On June 20, 2026, Lee David Sung, the CFO of Motorcar Parts of America, Inc. (MPAA), sold 10,904 shares at a price of $14.95 each. This sale is valued at approximately $162,000. Sung's decision to sell comes shortly after he bought 28,366 shares on June 19, 2026, indicating a shift in his holdings.
Insider Buying and Selling at Motorcar Parts of America, Inc.
Sung's recent sale isn't the only insider activity at MPAA. On the same day of his sale, several other executives also made purchases. Chief Accounting Officer Kamlesh Shah acquired 11,939 shares, while VP Stone Juliet Lynn bought 2,244 shares. Chief Manufacturing Officer Douglas Earl Schooner purchased 11,939 shares, and CEO Joffe Selwyn bought 133,977 shares. These transactions suggest that while Sung is trimming his stake, other insiders are increasing theirs, reflecting varied confidence levels within the company.
Stock Performance Context
MPAA shares are currently trading near their 52-week high of $18.12, showing strong performance. The stock's recent activity comes after a challenging year, where the company reported revenue of $769.5 million but faced a decline in growth. The forward P/E ratio stands at 6.1, indicating that the stock is potentially undervalued compared to its earnings.
What MPAA Does
Motorcar Parts of America, based in Torrance, California, supplies automotive aftermarket parts and diagnostic equipment. It serves a wide range of customers, including automotive retail chains and manufacturers. The company's diverse product offerings include rotating electrical products and heavy-duty parts, which are essential for various vehicle applications.
What to Watch at MPAA
Investors will be keeping an eye on further insider transactions and the next earnings report scheduled for November 9, 2026. The recent 13F filings and insider activities reflect past decisions and may not represent current positions. As the company navigates its challenges, it will be interesting to see how these insider trades influence market perceptions moving forward.
Related Filing Alerts
Source: Lee David Sung's Form 4 filing on $MPAA (Jun 20, 2026). Find the original filing: MPAA Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts