v3.26.3
Stock-Based Compensation
 9 Months Ended
Sep. 26, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Restricted Stock Units (“RSUs”)
Compensation cost related to RSU grants was $5.7 million and $3.8 million for the three months ended September 26, 2026, and September 27, 2025, respectively, and $14.9 million and $11.3 million for the nine months ended September 26, 2026, and September 27, 2025, respectively, and was included in selling, general, and administrative expenses in the Condensed Consolidated Statements of Operations and Comprehensive Income.
The following table summarizes our RSU activity for the nine months ended September 26, 2026:
Shares Weighted
Average
Fair Value
Balance at December 31, 2025324,125 $117.70 
Granted198,719 $118.49 
Vested(138,784)$108.36 
Canceled(15,358)$119.73 
Balance at September 26, 2026368,702 $121.56 
As of September 26, 2026, there was $27.8 million of unrecognized compensation cost related to unvested RSU grants that is expected to be recognized over a weighted average period of 1.9 years.
Stock Options
From time to time, we grant stock options to participants in our equity plans. Compensation cost related to stock option grants was not material for the three and nine months ended September 26, 2026, and September 27, 2025.
The following table summarizes our stock option activity for the nine months ended September 26, 2026:
Shares Weighted
Average
Price		Weighted
Average
Remaining
Term
(years)		Aggregate
Intrinsic
Value
 (in thousands)
Balance at December 31, 2025191,677 $88.44 
Canceled(1,153)$91.28 
Exercised(41,341)$81.45 
Balance at September 26, 2026149,183 $90.36 3.0$5,022 
Exercisable at September 26, 2026133,629 $90.25 2.9$4,513 
As of September 26, 2026, unrecognized compensation cost related to unvested stock options was not material.
In May 2026, our shareholders approved the Dorman Products, Inc. 2026 Omnibus Incentive Plan (the “2026 Plan”), which permits awards to our employees, officers, directors, consultants, and advisors in the form of stock options, stock appreciation rights, restricted stock, restricted stock units, and other stock-based and cash-based awards. The 2026 Plan replaced the Dorman Products, Inc. 2018 Stock Option and Stock Incentive Plan.
Employee Stock Purchase Plan ("ESPP")
During the three and nine months ended September 26, 2026, we issued 11,382 shares under the ESPP, compared to 10,216 shares issued under the ESPP during the three and nine months ended September 27, 2025, in each case as part of the semi-annual purchase windows.