DXP Enterprises (DXPE) SVP forfeits 723 shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXP Enterprises SVP Jeffery John Jay reported a small tax-related share disposition. On April 8, 2026, 723 shares of DXP Common Stock were forfeited at $138.68 per share to cover a vesting tax liability, as described in the footnote. After this tax-withholding disposition, Jay directly holds 20,477 shares of DXP Enterprises common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jeffery John Jay
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | DXP Common Stock | 723 | $138.68 | $100K |
Holdings After Transaction:
DXP Common Stock — 20,477 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 723 shares
Reported price per share: $138.68 per share
Post-transaction holdings: 20,477 shares
+1 more
4 metrics
Tax-withholding shares
723 shares
Shares forfeited to cover vesting tax liability on Apr. 8, 2026
Reported price per share
$138.68 per share
Value applied to the 723-share tax-withholding disposition
Post-transaction holdings
20,477 shares
DXP Common Stock held directly after the Form 4 transaction
Tax-withholding shares count
723 shares
Reflected as taxWithholdingShares in transaction summary
Key Terms
tax-withholding disposition, DXP Common Stock, vesting tax liability, Form 4
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 723 shares of DXP Common Stock"
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.
DXP Common Stock financial
"security_title: "DXP Common Stock" for the reported Form 4 transaction"
vesting tax liability financial
"footnote: "payment of a vesting tax liability that was satisfied by forfeiting shares""
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes the reported insider transaction"
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) SVP Jeffery John Jay report?
SVP Jeffery John Jay reported a tax-withholding disposition of 723 DXP Common Stock shares. The shares were forfeited to satisfy a vesting tax liability, rather than sold in the open market, and are recorded at $138.68 per share.
Was the DXP Enterprises (DXPE) insider transaction an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition, where 723 shares were forfeited to cover a vesting tax obligation, according to the footnote, rather than being sold to outside buyers.