---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-060184"
form_type: "8-K"
ticker: "DORM"
cik: "0000868780"
company_name: "Dorman Products, Inc."
filed_at: "2021-12-13T23:59:59+00:00"
generated_at: "2026-06-28T01:55:26.236268+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Dorman Products amends CEO employment agreement, adopts executive severance plan

## Summary
- CEO Kevin Olsen's new agreement: $810k base salary, no fixed term; severance includes 150% base (non-CIC) or 200% base + 200% target bonus (CIC).
- Company adopts Executive Severance Plan for other named officers: 1x base+target bonus (non-CIC) or 2x (CIC); includes COBRA and outplacement up to $50k.
- Both the CEO agreement and Severance Plan are effective December 26, 2021.
- Severance Plan participants must sign non-disclosure, non-compete, and non-solicitation covenants lasting up to 18 months post-termination.

## SEC filing metadata
- accession: 0001564590-21-060184
- form_type: 8-K
- ticker: DORM
- cik: 0000868780
- company_name: Dorman Products, Inc.
- filed_at: 2021-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868780/000156459021060184/0001564590-21-060184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868780/000156459021060184/dorm-8k_20211209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-060184
- JSON: https://secwatch.observer/filing/0001564590-21-060184.json
- Plain text: https://secwatch.observer/filing/0001564590-21-060184.txt

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