Form 4: DXP Enterprises CFO Kent Yee Reports Changes in Beneficial Ownership
SEC Form 4
CFO Kent Yee reports acquisition and disposal of DXP Enterprises common stock.
Summary
- Kent Yee, CFO of DXP Enterprises, filed a Form 4 with the SEC.
- On March 1, 2024, 463 shares of DXP Common Stock were disposed of at $0.
- On March 28, 2024, 11,167 shares of DXP Common Stock were acquired at $0.
- Following these transactions, Yee directly owns 79,409 shares of DXP Common Stock.
- The 11,167 shares were granted on March 28, 2024, and vest in equal amounts over three years on the anniversary date of the grant.
Sentiment
Score: 5
Explanation: This is a neutral filing indicating changes in stock ownership by an executive. It doesn't inherently suggest positive or negative sentiment.
Positives
- Kent Yee's acquisition of 11,167 shares of DXP Enterprises stock could be seen as a positive signal.
Industry Context
This filing is a routine disclosure related to insider trading and is common for publicly traded companies.
Stakeholder Impact
- The change in beneficial ownership may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Disposal of 463 shares of DXP Common Stock. |
| 03/04/2024 | Date of signature for the report. |
| 03/28/2024 | Acquisition of 11,167 shares of DXP Common Stock. |
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