DXP Enterprises (DXPE) CMO & CTO forfeits shares to cover vesting taxes
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Shares forfeited for taxes: 2,064 shares
Reference price per share: $138.63 per share
Shares held after transaction: 600,262 shares
+1 more
4 metrics
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
Key Terms
tax-withholding disposition, vesting tax liability, Form 4
3 terms
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.
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 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.