Form 4: XPEL Inc. Executive Barry Wood Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President and CFO of XPEL Inc., Barry Wood, reports the vesting and subsequent disposal of restricted stock units.
Summary
- On September 7, 2024, Barry Wood, Senior Vice President/CFO of XPEL Inc., reported transactions involving XPEL common stock.
- Wood exercised 1,095 restricted stock units (RSUs), which converted into an equal number of common stock shares.
- Simultaneously, 267 shares were disposed of at a price of $42.14 per share.
- Following these transactions, Wood directly owns 27,698 shares of XPEL common stock and 4,417 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/07/2022 | Reporting Person was granted 4,379 RSUs pursuant to the XPEL 2020 Equity Incentive Plan |
| 09/07/2024 | Date of transaction: exercise of restricted stock units and disposal of shares. |
| 09/09/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.