DXP Enterprises (DXPE) CIO forfeits 2,065 shares to settle vesting tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXP Enterprises CIO Gregory T. Christopher reported a small share disposition related to taxes on recently vested stock. On April 8, 2026, 2,065 shares of DXP Common Stock were forfeited at an indicated price of $138.63 per share to cover a vesting tax liability. After this tax-withholding event, he directly holds 18,645 shares of DXP Common Stock. This was a non-market, compensation-related transaction rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gregory Christopher T
Role
CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | DXP Common Stock | 2,065 | $138.63 | $286K |
Holdings After Transaction:
DXP Common Stock — 18,645 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares disposed: 2,065 shares
Indicated price per share: $138.63/share
Shares held after transaction: 18,645 shares
3 metrics
Tax-withholding shares disposed
2,065 shares
DXP Common Stock forfeited to cover vesting tax liability
Indicated price per share
$138.63/share
Value reported for the 2,065-share tax-withholding disposition
Shares held after transaction
18,645 shares
Direct DXP Common Stock holdings following the Form 4 event
Key Terms
tax-withholding disposition, vesting tax liability, DXP Common Stock, non-derivative
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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
"reflects the payment of a vesting tax liability that was satisfied"
DXP Common Stock financial
"security_title": "DXP Common Stock""
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What did DXP Enterprises (DXPE) CIO Gregory T. Christopher report in this Form 4?
He reported a tax-related share disposition, where 2,065 DXP Common Stock shares were forfeited to satisfy a vesting tax liability, rather than sold in the open market. Following this non-market event, he directly holds 18,645 DXP shares.
Was the DXP Enterprises (DXPE) insider transaction a buy or sell in the market?
The transaction was not an open-market buy or sell. It was a tax-withholding disposition, where 2,065 shares were forfeited to cover taxes on vested equity, as explained in the footnote describing a vesting tax liability settlement.
What does the footnote in the DXP Enterprises (DXPE) Form 4 explain about the transaction?
The footnote explains the disposal reflects payment of a vesting tax liability. The liability was satisfied by forfeiting shares as a means of meeting the tax obligation, confirming this was a compensation-related tax event rather than a discretionary market sale.
Does this DXP Enterprises (DXPE) Form 4 indicate any derivative exercises by the CIO?
No derivative exercises are shown in the provided data. The filing lists one non-derivative transaction coded “F” for tax withholding, and the derivative summary is empty, indicating no option or other derivative exercise transactions in this particular report.