Form 4: DXP Enterprises CEO David Little Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
David Little, Chairman & CEO of DXP Enterprises, disposed of 23,804 shares of DXP Common Stock on April 3, 2025, to cover a vesting tax liability.
Summary
- On April 3, 2025, David R. Little, Chairman & CEO of DXP Enterprises, disposed of 23,804 shares of DXP Common Stock.
- The transaction was executed at a price of $82.42 per share.
- The disposal was due to the payment of a vesting tax liability, satisfied by forfeiting shares.
- Following the transaction, Little still beneficially owns 1,233,789 shares of DXP Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions. It doesn't inherently indicate positive or negative sentiment, as it simply reports a transaction for tax purposes.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the transaction.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Date of the transaction where David R. Little disposed of shares. |
| 04/04/2025 | Date of signature on the Form 4 filing. |
Keywords
DXP Enterprises, David Little, stock disposal, Form 4, tax liability, DXPE, insider trading
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