---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-047497"
form_type: "8-K"
ticker: "DORM"
cik: "0000868780"
company_name: "Dorman Products, Inc."
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T01:07:24.729836+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Steven L. Berman to step down as Executive Chairman, become Non-Executive Chairman effective April 1, 2023

## Summary
- Berman transitions from Executive Chairman to Non-Executive Chairman on April 1, 2023; employment agreement not renewed.
- He will receive $420,000 annual base salary for three years plus $150,000 annual cash bonus on each March 15 during that period.
- Unvested equity awards continue to vest and vested options remain exercisable as long as Berman serves on the board.
- Berman will not receive non-employee director compensation until later of vesting date or April 1, 2026.
- Transition and release agreement includes general release of claims and restrictive covenants.

## SEC filing metadata
- accession: 0001193125-23-047497
- form_type: 8-K
- ticker: DORM
- cik: 0000868780
- company_name: Dorman Products, Inc.
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868780/000119312523047497/0001193125-23-047497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868780/000119312523047497/d436525d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-047497
- JSON: https://secwatch.observer/filing/0001193125-23-047497.json
- Plain text: https://secwatch.observer/filing/0001193125-23-047497.txt

## Key facts
- Executive change
  Steven L. Berman was appointed as Non-Executive Chairman at Dorman Products, Inc..
  - Action: appointed
  - Role: Non-Executive Chairman
  source text: Steven L. Berman will step down from his role as Executive Chairman and be appointed to serve as Non-Executive Chairman of the Board effective April 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/868780/000119312523047497/0001193125-23-047497-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.