DXP Enterprises (DXPE) accounting chief sells 1,100 shares of stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXP Enterprises' Chief Accounting Officer, Santos David Molero, reported an open-market sale of 1,100 shares of DXP Common Stock at $171.50 per share. After this sale, he directly held 4,549 shares. A separate disposition of 194 shares at $144.20 per share satisfied a vesting-related tax liability through share forfeiture rather than an additional market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,100 shares ($188,650)
Net Sell
2 txns
Insider
Santos David Molero
Role
CHIEF ACCOUNTING OFFICER
Sold
1,100 shs ($189K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | DXP Common Stock | 1,100 | $171.50 | $189K |
| Tax Withholding | DXP Common Stock | 194 | $144.20 | $28K |
Holdings After Transaction:
DXP Common Stock — 4,549 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Open-market sale: 1,100 shares
Sale price: $171.50 per share
Tax-withholding shares: 194 shares
+2 more
5 metrics
Open-market sale
1,100 shares
DXP Common Stock sold at $171.50 per share
Sale price
$171.50 per share
Price for 1,100 DXP Common Stock shares sold
Tax-withholding shares
194 shares
Shares forfeited to satisfy vesting tax liability at $144.20
Tax-withholding price
$144.20 per share
Value used for 194-share tax-withholding disposition
Shares held after transactions
4,549 shares
Direct DXP Common Stock holdings after reported transactions
Key Terms
open-market sale, tax-withholding disposition, vesting tax liability, DXP Common Stock
4 terms
open-market sale financial
"reported an open-market sale of 1,100 shares of DXP Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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
"1,100 shares of DXP Common Stock at $171.50 per share"
FAQ
What insider transaction did DXP Enterprises (DXPE) report for Santos David Molero?
DXP Enterprises’ Chief Accounting Officer, Santos David Molero, reported an open-market sale of 1,100 DXP Common Stock shares at $171.50 each. He also reported a separate 194-share disposition used to cover vesting-related tax obligations through share forfeiture rather than another market trade.
Is the DXP Enterprises insider transaction primarily a buy or a sell?
The DXP Enterprises insider activity is primarily a sell, featuring an open-market sale of 1,100 shares. A separate 194-share tax-withholding disposition was used to pay vesting-related taxes, so only the 1,100-share transaction reflects a discretionary market sale decision by the officer.