XPEL (XPEL) CFO Barry Wood reports stock grants, RSU conversion and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
XPEL, Inc. Senior Vice President and CFO Barry Wood reported equity compensation and related tax withholding transactions in company stock. On June 19, 2026, he acquired 968 shares of common stock as a grant at no cost and 637 shares through the conversion of restricted stock units into common stock. To cover tax obligations, 391 shares of common stock were withheld at a price of $45.45 per share. After these transactions, Wood directly holds 30,569 shares of XPEL common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
637 shares exercised/converted
Mixed
5 txns
Insider
Wood Barry
Role
Senior Vice President/CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 637 | $0.00 | -- |
| Exercise | Common Stock | 637 | $0.00 | -- |
| Tax Withholding | Common Stock | 156 | $45.45 | $7K |
| Grant/Award | Common Stock | 968 | $0.00 | -- |
| Tax Withholding | Common Stock | 235 | $45.45 | $11K |
Holdings After Transaction:
Restricted Stock Units — 637 shares (Direct, null);
Common Stock — 30,725 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. Represents performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of the Issuer's common stock. The PSUs were originally granted to the Reporting Person on June 19, 2023, and are eligible to vest only upon the achievement of company performance objectives. The PSUs reflected in this row represent the portion of the award that vested as a result of the achievement of the performance objectives. On June 19, 2023, the Reporting Person was granted 2,548 RSUs pursuant to the XPEL 2020 Equity Incentive Plan which was approved by the Board of Directors and stockholders. Provided the reporting person remains in continuous service, RSUs vest annually in four equal installments beginning on the first anniversary of the grant.
Key Figures
Tax-withheld shares (first F transaction): 235 shares at $45.45
Stock grant: 968 shares at $0.00
Tax-withheld shares (second F transaction): 156 shares at $45.45
+3 more
6 metrics
Tax-withheld shares (first F transaction)
235 shares at $45.45
Common Stock tax-withholding disposition on June 19, 2026
Stock grant
968 shares at $0.00
Common Stock grant/award acquisition on June 19, 2026
Tax-withheld shares (second F transaction)
156 shares at $45.45
Common Stock tax-withholding disposition on June 19, 2026
RSU conversion to common
637 shares
Exercise/conversion of Restricted Stock Units into Common Stock
Total tax-withholding shares
391 shares
Sum of F-code dispositions in transaction summary
Shares held after transactions
30,569 shares
Total XPEL common stock directly owned after June 19, 2026
Key Terms
Restricted Stock Units, performance-based restricted stock units (PSUs), RSUs, XPEL 2020 Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units (PSUs) financial
"Represents performance-based restricted stock units (PSUs). Each PSU represents a contingent right"
RSUs financial
"On June 19, 2023, the Reporting Person was granted 2,548 RSUs pursuant to the XPEL 2020 Equity Incentive Plan"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
XPEL 2020 Equity Incentive Plan financial
"granted 2,548 RSUs pursuant to the XPEL 2020 Equity Incentive Plan which was approved"
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.
FAQ
What insider transactions did XPEL (XPEL) CFO Barry Wood report on this Form 4?
Barry Wood reported equity compensation and related tax withholding transactions. He received common shares via a stock grant and restricted stock unit conversion, while a smaller number of shares were withheld to satisfy tax obligations, leaving him with a revised direct ownership position in XPEL stock.
What do the F and A transaction codes mean in Barry Wood’s XPEL Form 4 filing?
In this filing, code A indicates a grant or award acquisition of XPEL common stock, while code F indicates shares withheld to pay tax liabilities by delivering securities. These F-code transactions are not open-market sales but administrative tax-withholding dispositions.
What are restricted stock units (RSUs) and performance-based RSUs (PSUs) in the XPEL Form 4?
Restricted stock units and performance-based RSUs are awards that convert into XPEL common shares upon vesting. Each unit represents a contingent right to one share, with PSUs vesting only if company performance objectives are achieved, as described in the footnotes to the filing.