STOCK TITAN

DXP Enterprises (DXPE) CMO & CTO forfeits shares to cover vesting taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider MAESTAS PAZ
Role CMO & CTO
Type Security Shares Price Value
Tax Withholding DXP Common Stock 2,064 $138.63 $286K
Holdings After Transaction: DXP Common Stock — 600,262 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares forfeited for taxes 2,064 shares Tax-withholding disposition on equity vesting
Reference price per share $138.63 per share Value used for tax-withholding disposition
Shares held after transaction 600,262 shares Direct DXP Common Stock ownership following Form 4 event
Transaction date 2026-04-08 Date of tax-withholding disposition event
tax-withholding disposition financial
"The transaction is described as a tax-withholding disposition related to vesting."
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
"The disposal of shares reflects the payment of a vesting tax liability."
Form 4 regulatory
"INSIDER FILING DATA (Form 4): shows the reported transaction details."
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MAESTAS PAZ

(Last)(First)(Middle)
5301 HOLLISTER ST

(Street)
HOUSTON TEXAS 77040

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DXP ENTERPRISES INC [ DXPE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CMO & CTO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
DXP Common Stock04/08/2026F2,064(1)D$138.63600,262D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Paz Maestas04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DXP Enterprises (DXPE) report for Paz Maestas?

DXP Enterprises reported that CMO & CTO Paz Maestas forfeited 2,064 shares of DXP Common Stock to cover a vesting tax liability. The event is classified as a tax-withholding disposition, not an open-market sale, and reflects routine handling of equity compensation taxes.

Was the DXP Enterprises (DXPE) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 shows a tax-withholding disposition, where 2,064 shares were forfeited at $138.63 per share to pay a vesting tax liability, rather than being sold on the stock market for discretionary liquidity.

How many DXP Enterprises (DXPE) shares does Paz Maestas hold after the transaction?

After the tax-withholding disposition, Paz Maestas directly holds 600,262 shares of DXP Common Stock. This indicates that only a small fraction of the overall position was used to satisfy tax obligations associated with equity compensation vesting.

What price per share is reported in the DXP Enterprises (DXPE) Form 4 transaction?

The Form 4 reports a price of $138.63 per share for the 2,064 DXP Common Stock shares used to satisfy the vesting tax liability. This figure is used as the value reference for the tax-withholding disposition, not as an executed open-market sale price.

How is the DXP Enterprises (DXPE) Form 4 transaction coded and characterized?

The transaction is coded “F,” indicating payment of a tax liability by delivering securities. It is described as a tax-withholding disposition, where shares are forfeited to meet vesting-related tax obligations, rather than representing a voluntary buy or sell decision in the open market.