DXP CFO forfeits shares for tax payment
DXP Enterprises CFO Kent Yee reported a routine tax-withholding share disposition related to vesting.
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Rhea-AI Filing Summary
DXP Enterprises CFO Kent Yee reported a routine tax-withholding share disposition related to vesting. On this Form 4, 6,936 shares of DXP Common Stock were forfeited at $139.08 per share to satisfy a vesting tax liability, as explained in the footnote.
After this non-market tax-withholding transaction, Yee holds 60,642 shares of DXP Common Stock directly. The filing characterizes the event as a payment of tax liability by delivering securities, rather than an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | DXP Common Stock | 6,936 | $139.08 | $965K |
Footnotes (1)
- F1. The disposal of shares reflects the payment of a vesting tax liability that was satisfied by forefeiting shares as a means of meeting the tax obligation.
Key Figures
Key Terms
tax-withholding disposition financial
vesting tax liability financial
DXP Common Stock financial
transaction code F regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DXP Enterprises (DXPE) CFO Kent Yee report in this Form 4?
Was the DXP Enterprises (DXPE) CFO’s transaction an open-market sale?
How is the DXP Enterprises (DXPE) CFO’s transaction coded on the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.