DXP Enterprises (DXPE) CAO forfeits 603 shares to settle vesting tax liability

Rhea-AI Filing Summary

DXP Enterprises chief accounting officer David Molero reported a routine share disposition tied to taxes on equity vesting. On April 8, 2026, 603 shares of DXP common stock were forfeited at $138.04 per share to satisfy a vesting tax liability, rather than being sold in the open market. After this tax-withholding event, Molero directly holds 5,843 shares of DXP common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Santos David Molero

Role CHIEF ACCOUNTING OFFICER

Type	Security	Shares	Price	Value
Tax Withholding	DXP Common Stock	603	$138.04	$83K

Holdings After Transaction: DXP Common Stock — 5,843 shares (Direct)

Footnotes (1)

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Key Figures

Shares forfeited for taxes: 603 shares Reference price per share: $138.04 per share Shares held after transaction: 5,843 shares

3 metrics

Shares forfeited for taxes 603 shares Tax-withholding disposition on April 8, 2026

Reference price per share $138.04 per share Value used for the 603-share tax-withholding event

Shares held after transaction 5,843 shares Direct DXP common stock holdings after tax withholding

Key Terms

tax-withholding disposition, vesting tax liability, forefeiting shares

3 terms

tax-withholding disposition financial

"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."

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 that was satisfied by forefeiting shares as a means of meeting the tax obligation."

forefeiting shares financial

"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."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Santos David Molero

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF ACCOUNTING OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
DXP Common Stock	04/08/2026		F		603(1)	D	$138.04	5,843	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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/ David Molero Santos	04/10/2026
	** Signature of Reporting Person	Date
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 David Molero?

DXP Enterprises reported that chief accounting officer David Molero forfeited 603 shares of common stock to cover a vesting-related tax liability. This was a tax-withholding disposition, not an open-market sale, and reflects standard handling of equity compensation taxes.

How many DXP Enterprises (DXPE) shares were forfeited for taxes by the CAO?

David Molero forfeited 603 shares of DXP Enterprises common stock to satisfy a vesting tax liability. The shares were valued at $138.04 each for this purpose, according to the Form 4 tax-withholding disposition disclosure and accompanying footnote explanation.

What is David Molero’s DXP Enterprises (DXPE) shareholding after this Form 4?

Following the tax-withholding disposition, David Molero directly holds 5,843 shares of DXP Enterprises common stock. This post-transaction balance is reported in the Form 4 and reflects his remaining direct ownership after 603 shares were forfeited to cover taxes.

Was the DXP Enterprises (DXPE) Form 4 transaction an open-market sale?

No, the Form 4 indicates the transaction was a tax-withholding disposition, not an open-market sale. Shares were forfeited to meet a vesting tax obligation, as explained in the footnote describing payment of the liability by delivering securities.

What does the F transaction code mean in the DXP Enterprises (DXPE) Form 4?

The F transaction code indicates payment of a tax liability by delivering securities, rather than selling shares in the market. In this case, 603 DXP Enterprises shares were forfeited to cover vesting-related taxes for chief accounting officer David Molero.

How was the tax liability satisfied in the DXP Enterprises (DXPE) insider filing?

The tax liability tied to equity vesting was satisfied by forfeiting 603 DXP Enterprises common shares. The footnote explains that this disposal reflects payment of the vesting tax obligation through share delivery instead of a separate cash payment or market sale.