Director Richard Crumly receives 1,765 RSUs in XPEL (XPEL) equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Crumly Richard K. reported acquisition or exercise transactions in this Form 4 filing.

XPEL, Inc. director Richard K. Crumly received a grant of 1,765 restricted stock units on June 10, 2026. Each unit represents a right to receive one share of XPEL common stock. The grant vests in quarterly installments over one year, ending on June 10, 2027, contingent on continuous service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Crumly Richard K.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,765	$45.31	$80K

Holdings After Transaction: Restricted Stock Units — 1,765 shares (Direct, null)

Footnotes (1)

Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. On June 10, 2026, the Reporting Person was granted 1,765 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, these RSUs will vest in quarterly installments over a one-year period with a final vesting date of June 10, 2027.

Key Figures

RSUs granted: 1,765 units Price per RSU (reference): $45.31 per unit Underlying common shares: 1,765 shares +2 more

5 metrics

RSUs granted 1,765 units Grant to director Richard K. Crumly on June 10, 2026

Price per RSU (reference) $45.31 per unit Transaction price per restricted stock unit

Underlying common shares 1,765 shares Each RSU convertible into one XPEL common share

Post-grant RSU holdings 1,765 units Total RSUs held following this transaction

Final vesting date June 10, 2027 Quarterly vesting over one year from grant date

Key Terms

Restricted Stock Units, RSU, XPEL 2020 Equity Incentive Plan, vest, +1 more

5 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.

RSU financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

XPEL 2020 Equity Incentive Plan financial

"granted 1,765 RSUs pursuant to the XPEL 2020 Equity Incentive Plan which was approved by the Board of Directors and stockholders."

vest financial

"these RSUs will vest in quarterly installments over a one-year period with a final vesting date of June 10, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

continuous service financial

"Provided the reporting person remains in continuous service, these RSUs will vest in quarterly installments over a one-year period."

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 05:28 PM

SEC Form 4

FORM 4

UNITED 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^*

Crumly Richard K.

(Last)

(First)

(Middle)

PO BOX 460633

(Street)

SAN ANTONIO

TEXAS

78246-0633

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/10/2026		A		1,765		⁽²⁾	⁽²⁾	Common Stock	1,765	$45.31	1,765	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.

2. On June 10, 2026, the Reporting Person was granted 1,765 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, these RSUs will vest in quarterly installments over a one-year period with a final vesting date of June 10, 2027.

Remarks:

	/s/ Richard K. Crumly	06/12/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did XPEL (XPEL) report for Richard K. Crumly?

XPEL reported that director Richard K. Crumly received 1,765 restricted stock units on June 10, 2026. These RSUs are a stock-based compensation award tied to continued service and will convert into common shares as they vest over the following year.

How many XPEL (XPEL) restricted stock units were granted in this Form 4?

The Form 4 shows a grant of 1,765 restricted stock units to Richard K. Crumly. After this award, he held 1,765 RSUs related to XPEL common stock, reflecting a new equity-based compensation position rather than an open-market share purchase or sale.

What are the vesting terms of Richard K. Crumly’s XPEL (XPEL) RSU grant?

The RSU grant vests in quarterly installments over one year, with a final vesting date of June 10, 2027. Vesting requires that Crumly remain in continuous service, meaning he earns the underlying XPEL common shares gradually over this period.

Under which plan were the XPEL (XPEL) RSUs granted to Richard K. Crumly?

The 1,765 RSUs were granted under the XPEL 2020 Equity Incentive Plan. This plan, approved by the board and stockholders, authorizes equity-based awards like RSUs to align director and employee compensation with the company’s common stock performance.

Does the XPEL (XPEL) Form 4 show a stock purchase or sale by Richard K. Crumly?

The Form 4 does not show an open-market purchase or sale. It reports a grant of 1,765 restricted stock units as compensation, classified as an acquisition of derivative securities that may convert into XPEL common stock as they vest over time.

What does each XPEL (XPEL) RSU granted to Richard K. Crumly represent?

Each RSU represents a contingent right to receive one share of XPEL common stock. The rights become actual shares only as the RSUs vest according to the quarterly schedule through June 10, 2027, assuming Crumly continues to serve during that period.