Form 4: DXP Enterprises CFO Kent Yee Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Kent Yee, CFO of DXP Enterprises, reports disposing of 8,737 shares of DXP Common Stock on April 3, 2025, to cover a vesting tax liability.
Summary
- On April 3, 2025, Kent Yee, the CFO of DXP Enterprises, disposed of 8,737 shares of DXP Common Stock.
- The transaction was executed at a price of $82.36 per share.
- This disposal was to cover a vesting tax liability, satisfied by forfeiting shares.
- Following the transaction, Yee directly owns 64,778 shares of DXP Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reports a transaction related to tax obligations, which is a common occurrence.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Date of the share disposal transaction. |
| 04/04/2025 | Date of signature for the report. |
Keywords
Form 4, DXP Enterprises, Kent Yee, CFO, Share Disposal, Tax Liability, DXPE, Beneficial Ownership
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