STOCK TITAN

Director John F. North converts 532 RSUs into XPEL (XPEL) common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
North John F

(Last)(First)(Middle)
711 BROADWAY ST
SUITE 320

(Street)
SAN ANTONIO TEXAS 78215

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
XPEL, Inc. [ XPEL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/16/2026M532A(1)10,275D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/16/2026M532 (2) (2)Common Stock532$00D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.
2. 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.
Remarks:
/s/ Barry R. Wood, XPEL Senior Vice President/CFO (Attorney-in-Fact)06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many XPEL (XPEL) shares does John F. North hold after this Form 4?

Following the June 16, 2026 transaction, John F. North directly holds 10,275 shares of XPEL common stock. This total reflects his position after converting 532 restricted stock units granted under the XPEL 2020 Equity Incentive Plan into common shares.

What was the price per share for John F. North’s XPEL RSU conversion?

The conversion of 532 restricted stock units into XPEL common stock was reported at a price of $0.00 per share. This reflects the nature of restricted stock units as equity awards that settle into shares without an exercise price like traditional stock options.

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.