Nathan R. Iles, the departing Chief Financial Officer of Standard Motor Products, Inc., filed a Statement of Changes in Beneficial Ownership on November 3, 2026, disclosing the forfeiture of unvested restricted stock upon his resignation effective October 30, 2026.

Key Highlights

  • Reporting person: Nathan R. Iles, identified in the filing as Chief Financial Officer of Standard Motor Products, Inc.
  • Forfeiture date: October 30, 2026, coinciding with Iles's resignation as CFO.
  • Shares forfeited: 35,428 shares of unvested restricted Common Stock, disposed of at a price of $0.
  • Remaining direct ownership: 9,567 shares of Common Stock held directly following the reported transaction.
  • ESOP holdings: 873 shares of Common Stock beneficially owned through an Employee Stock Ownership Plan, with the filing noting allocations or dispositions may have occurred since the last ownership report.
  • Prior disclosure: According to the filing, the resignation was previously disclosed in the company's Current Report filed with the SEC on October 9, 2026.

CFO Departure Triggers Restricted Stock Forfeiture at Standard Motor Products

Standard Motor Products, Inc. (NYSE:SMP), a manufacturer and distributor of replacement parts for motor vehicles, was the subject of this beneficial ownership disclosure. According to the filing, Nathan R. Iles resigned as Chief Financial Officer effective October 30, 2026, an event the company had previously announced in a Current Report filed with the SEC on October 9, 2026. The filing identifies Iles's address as the company's principal offices at 37-18 Northern Blvd., Long Island City, New York 11101.

As a direct consequence of the resignation, the filing discloses that Iles forfeited 35,428 shares of unvested restricted Common Stock on October 30, 2026. The transaction code is listed as "D" (disposed of), and the price recorded for the forfeiture is $0, consistent with the nature of a forfeiture rather than a market sale. Following that disposition, Iles held 9,567 shares of Common Stock directly, according to the filing.

The filing also reports 873 shares of Common Stock held as Employee Stock Ownership Plan (ESOP) shares, described as beneficially owned. The filing notes that "allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report." No derivative securities were reported in Table II. The form was signed by Nathan R. Iles and dated November 3, 2026.

What Was Disclosed

The filing reports that Nathan R. Iles, upon resigning as CFO of Standard Motor Products on October 30, 2026, forfeited 35,428 unvested restricted shares at $0, leaving him with 9,567 directly held shares and 873 ESOP shares beneficially owned.