Form 4: XPEL Inc. President and CEO Ryan Pape Exercises Stock Options and Disposes of Shares
SEC Form 4
Ryan Pape, President and CEO of XPEL Inc., exercised stock options and disposed of shares to cover tax obligations on July 15, 2024.
Summary
- On July 15, 2024, Ryan Pape, the President and CEO of XPEL Inc., exercised restricted stock units (RSUs) representing 1,039 shares of XPEL common stock.
- Following the exercise, Pape disposed of 253 shares of common stock at a price of $36.98 per share to satisfy tax obligations.
- After these transactions, Pape directly owns 1,123,537 shares of XPEL common stock and 1,040 restricted stock units.
Sentiment
Score: 5
Explanation: This Form 4 filing is a neutral event, reflecting routine stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership. It doesn't necessarily indicate a change in the company's outlook or performance.
Key Dates
| Date | Description |
|---|---|
| 07/15/2021 | Date the RSUs were granted pursuant to the XPEL 2020 Equity Incentive Plan. |
| 07/15/2024 | Date of the transaction: exercise of restricted stock units and disposal of shares. |
| 07/17/2024 | Date of signature of the report. |
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