DXP Enterprises (DXPE) director David Patton receives 648-share stock award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patton David reported acquisition or exercise transactions in this Form 4 filing.
DXP Enterprises director David Patton received a grant of 648 shares of DXP common stock as an equity award. The award is valued at $165.90 per share and is scheduled to fully vest one year from the July 1, 2026 grant date. Following this grant, Patton directly holds 24,992 DXP shares, reflecting routine stock-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patton David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DXP Common Stock Award | 648 | $165.90 | $108K |
Holdings After Transaction:
DXP Common Stock Award — 24,992 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 648 shares
Grant valuation price: $165.90 per share
Post-grant holdings: 24,992 shares
+1 more
4 metrics
Stock award size
648 shares
DXP common stock award to director David Patton
Grant valuation price
$165.90 per share
Value per share for the 648-share award
Post-grant holdings
24,992 shares
Total DXP shares directly held after the award
Grant vesting period
One year
Full vesting one year from July 1, 2026 grant date
Key Terms
DXP Common Stock Award, Grant, award, or other acquisition, vesting, Form 4
4 terms
DXP Common Stock Award financial
"security_title: "DXP Common Stock Award""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vesting financial
"The terms of the grant provide for full vesting one year from the date of grant."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did DXP Enterprises (DXPE) director David Patton report?
David Patton reported receiving a grant of 648 shares of DXP common stock as an equity award. This was a compensation-related acquisition, not an open-market purchase, and increased his direct holdings to 24,992 shares after the award.
At what price was David Patton’s DXP Enterprises (DXPE) stock award valued?
The 648-share DXP common stock award to David Patton was valued at $165.90 per share. This price represents the grant value used for the award, not a cash purchase price paid by the director in the market.
When does David Patton’s DXP Enterprises (DXPE) stock award vest?
The terms of David Patton’s 648-share grant provide for full vesting one year from the July 1, 2026 grant date. Until vesting, the award is subject to the grant’s vesting conditions as described in the accompanying footnote.
Is David Patton’s DXP Enterprises (DXPE) transaction a market buy or compensation grant?
The transaction is a compensation-related stock grant classified as a “Grant, award, or other acquisition.” It is not an open-market purchase, but an equity award issued by DXP Enterprises as part of director compensation.