{
  "id": 20045896,
  "title": "Standard Motor Products CIO Nicholas Ray sells $55,786 in shares",
  "url": "https://urgent.news/2026/11/14/standard-motor-products-cio-nicholas-ray-sells-55-786-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-14T20:16:24.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/standard-motor-products-cio-nicholas-ray-sells-55786-in-shares-93CH-5027500"
  },
  "original_language": "en",
  "account": null,
  "summary": "Chief Information Officer and Vice President of IT at Standard Motor Products Inc., Nicholas Ray, sold 1,263 shares of company common stock on November 10, 2026, for approximately $55,786. The sale was broker-assisted and conducted to cover tax withholding liability related to the vesting of restricted stock and performance share awards. Prior to the sale, Ray acquired 1,498 shares at no cost, and on the same day, 396 shares were withheld for tax obligations. As of the sale, Ray directly holds 35,166 shares of Standard Motor Products common stock and also beneficially owns 5,725 shares through the company’s ESOP. The company has maintained dividend payments for 17 consecutive years and offers a 3.0% dividend yield.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}