DXP Enterprises (DXPE) CFO receives 2,622-share equity grant award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
YEE KENT NEE HUNG reported acquisition or exercise transactions in this Form 4 filing.
DXP Enterprises Inc. reported that its Chief Financial Officer, Kent Nee Hung Yee, received a grant of 2,622 shares of DXP common stock. The award was recorded at a price of $138.47 per share and is structured to vest in equal installments over three years, beginning on the grant anniversary. Following this equity grant, the CFO directly holds a total of 67,578 shares of DXP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
YEE KENT NEE HUNG
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DXP Common Stock | 2,622 | $138.47 | $363K |
Holdings After Transaction:
DXP Common Stock — 67,578 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DXP Enterprises (DXPE) report for its CFO?
DXP Enterprises reported its CFO received a grant of 2,622 shares of common stock. The award is classified as a grant or other acquisition, increasing his direct holdings and aligning compensation with the company’s equity performance over time.
At what price was the DXP Enterprises (DXPE) CFO stock grant recorded?
The CFO’s stock grant was recorded at $138.47 per DXP common share. This value reflects the grant-date price used for reporting and does not necessarily indicate a cash purchase, as the transaction is an equity award rather than an open-market trade.
How does the DXP Enterprises (DXPE) CFO stock grant vest over time?
The 2,622-share grant to the DXP Enterprises CFO vests in equal amounts over three years. Vesting occurs on each anniversary of the March 2, 2026 grant date, encouraging longer-term retention and alignment with shareholder interests through multi-year equity compensation.
Is the DXP Enterprises (DXPE) CFO transaction a purchase or an equity award?
The reported DXP Enterprises CFO transaction is an equity grant, not an open-market purchase. It is coded as a grant, award, or other acquisition, meaning the shares were awarded as compensation rather than bought or sold on the stock market.