Director John F. North converts 532 RSUs into XPEL (XPEL) common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
XPEL, Inc. director John F. North exercised restricted stock units into common shares. On June 16, 2026, he converted 532 restricted stock units into 532 shares of XPEL common stock at a stated price of $0.00 per share.
After this equity award vesting and conversion, North directly holds 10,275 shares of XPEL common stock. The restricted stock units were originally granted on June 16, 2025 under the XPEL 2020 Equity Incentive Plan and vested in quarterly installments over a one-year period, with a final vesting date of June 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
532 shares exercised/converted
Mixed
2 txns
Insider
North John F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 532 | $0.00 | -- |
| Exercise | Common Stock | 532 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 10,275 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. The RSUs were granted on June 16, 2025, pursuant to the XPEL 2020 Equity Incentive Plan approved by the Board of Directors and stockholders, and vest in quarterly installments over a one-year period, with a final vesting date of June 16, 2026.
Key Figures
RSUs converted: 532 shares
Conversion price: $0.00 per share
Shares held after transaction: 10,275 shares
+1 more
4 metrics
RSUs converted
532 shares
Restricted stock units converted to common stock on June 16, 2026
Conversion price
$0.00 per share
Price per share for RSU conversion to XPEL common stock
Shares held after transaction
10,275 shares
John F. North’s direct common stock holdings after conversion
RSU grant date
June 16, 2025
Grant of RSUs under XPEL 2020 Equity Incentive Plan
Key Terms
Restricted Stock Units, XPEL 2020 Equity Incentive Plan, vest in quarterly installments, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock."
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.
XPEL 2020 Equity Incentive Plan financial
"The RSUs were granted on June 16, 2025, pursuant to the XPEL 2020 Equity Incentive Plan approved by the Board of Directors and stockholders"
vest in quarterly installments financial
"and vest in quarterly installments over a one-year period, with a final vesting date of June 16, 2026."
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transaction did XPEL (XPEL) director John F. North report?
John F. North reported exercising 532 restricted stock units into 532 shares of XPEL common stock. This compensation-related transaction reflects equity vesting rather than an open-market purchase or sale, and was reported as an exercise or conversion of derivative security.
What equity plan governed John F. North’s XPEL restricted stock units?
The restricted stock units were granted under the XPEL 2020 Equity Incentive Plan. According to the disclosure, the RSUs were approved by the Board of Directors and stockholders and vest in quarterly installments over a one-year period ending June 16, 2026.
When were John F. North’s XPEL restricted stock units granted and when did they fully vest?
The restricted stock units were granted on June 16, 2025 and vest in quarterly installments over one year. The final vesting date is June 16, 2026, aligning with the date of the reported conversion into 532 shares of XPEL common stock.