We periodically repurchase, at the then-current market price, and cancel common stock issued to the Dorman Products, Inc. 401(k) Retirement Plan and Trust (the “401(k) Plan”). 401(k) Plan participants can no longer purchase shares of Dorman common stock as an investment option under the 401(k) Plan. Shares are generally purchased by the Company from the 401(k) Plan when participants sell units as permitted by the 401(k) Plan or elect to leave the 401(k) Plan upon retirement, termination, or other reasons. The following table summarizes the repurchase and cancellation of common stock by the Company for the three and nine months ended September 26, 2026, and September 27, 2025:


	Three Months Ended				Nine Months Ended
	September 26, 2026		September 27, 2025		September 26, 2026		September 27, 2025
Shares repurchased and canceled	6,412		1,593		7,105		3,663
Total cost of shares repurchased and canceled (in thousands)	$	864	$	212	$	934	$	473
Average price per share	$	134.82	$	133.24	$	131.51	$	129.19

Separately, we repurchase shares under share repurchase programs authorized by our Board of Directors. Share repurchases may be made from time to time depending on market conditions, share price, share availability, and other factors at the Company’s discretion. The Company is not obligated to acquire a specific number of shares under the programs.

The following table summarizes the repurchase and cancellation of common stock in the three and nine months ended September 26, 2026, and September 27, 2025:


	Three Months Ended				Nine Months Ended
	September 26, 2026		September 27, 2025		September 26, 2026		September 27, 2025
Shares repurchased and canceled	115,120		—		931,333		122,923
Total cost of shares repurchased and canceled (in thousands)	$	14,600	$	—	$	111,071	$	15,300
Average price per share	$	126.82	$	—	$	119.26	$	124.47

During the three and nine months ended September 26, 2026, we recorded $1.9 million of federal excise tax imposed on the fair value of certain stock repurchases, net of issuances, pursuant to the

Inflation Reduction Act of 2022, which was included in Purchase and cancellation of common stock in the Condensed Consolidated Statements of Shareholders' Equity. The excise tax is excluded from both the Total cost of shares repurchased and canceled and the Average price per share in the tables above. We paid $0.9 million of such excise taxes to the federal government on eligible repurchases during the three and nine months ended September 26, 2026, which was included in Purchase and cancellation of common stock in the Condensed Consolidated Statements of Cash Flows.