DXP Enterprises (DXPE) CEO forfeits 22,501 shares to cover vesting taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXP Enterprises Inc. Chairman & CEO David R. Little reported a tax-related share disposition. On this Form 4, 22,501 shares of DXP common stock were withheld at $138.82 per share to cover a vesting tax liability, as satisfied by forfeiting shares.
After this tax-withholding disposition, Little directly holds 1,217,761 DXP shares, indicating he retains a substantial ownership stake. The transaction reflects compensation-related tax settlement rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LITTLE DAVID R
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | DXP Common Stock | 22,501 | $138.82 | $3.12M |
Holdings After Transaction:
DXP Common Stock — 1,217,761 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 22,501 shares
Reference share price: $138.82 per share
Shares held after transaction: 1,217,761 shares
+1 more
4 metrics
Tax-withheld shares
22,501 shares
Shares forfeited to satisfy vesting tax liability
Reference share price
$138.82 per share
Price reported for the 22,501 tax-withheld shares
Shares held after transaction
1,217,761 shares
Direct DXP common stock ownership after tax-withholding disposition
Transaction code
F
Indicates payment of tax liability by delivering securities
Key Terms
tax-withholding disposition, vesting tax liability, Form 4
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 22,501 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting tax liability financial
"payment of a vesting tax liability that was satisfied by forfeiting shares"
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) report for David R. Little?
DXP Enterprises reported that Chairman & CEO David R. Little had 22,501 DXP common shares disposed of to satisfy a vesting tax liability. The shares were forfeited at $138.82 per share, functioning as a tax-withholding event rather than an open-market sale.
Was the DXP Enterprises (DXPE) Form 4 transaction an open-market sale?
The reported transaction was not an open-market sale. It was a tax-withholding disposition, where 22,501 shares were forfeited to cover a vesting tax liability. This type of event is compensation-related and does not reflect discretionary buying or selling in the open market.
Who is the insider involved in the latest DXP Enterprises (DXPE) Form 4 filing?
The insider is David R. Little, who serves as Chairman and CEO of DXP Enterprises and is also a more than ten percent owner. The Form 4 reports a tax-related disposition of 22,501 shares while confirming he still directly holds 1,217,761 DXP shares.