DXP CMO & CTO covers taxes with share forfeiture
DXP Enterprises' CMO & CTO Paz Maestas reported a small share disposition tied to taxes rather than market selling.
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Rhea-AI Filing Summary
DXP Enterprises' CMO & CTO Paz Maestas reported a small share disposition tied to taxes rather than market selling. On the vesting date, 2,064 shares of DXP Common Stock were forfeited at $138.63 per share to satisfy a vesting tax liability. After this tax-withholding event, Maestas directly owns 600,262 shares, indicating the transaction is minor relative to the overall holding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | DXP Common Stock | 2,064 | $138.63 | $286K |
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
Form 4 regulatory
FAQ
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What insider transaction did DXP Enterprises (DXPE) report for Paz Maestas?
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AI-generated analysis. How Rhea-AI works. Not financial advice.