XPEL director granted 1,765 RSUs
Klonne Mike reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Klonne Mike reported acquisition or exercise transactions in this Form 4 filing.
XPEL, Inc. director Mike Klonne reported a compensation-related equity award. On June 10, 2026, he was granted 1,765 restricted stock units (RSUs), each representing the right to receive one share of XPEL common stock.
The grant was made under the XPEL 2020 Equity Incentive Plan, which was approved by the board and stockholders. The 1,765 RSUs will vest in quarterly installments over one year, with a final vesting date of June 10, 2027, as long as he remains in continuous service. Following this grant, he holds 1,765 RSUs directly.
Insider Trade Summary
Grant/Award: 1,765 shares
Grant/Award
1 txn
Insider
Klonne Mike
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,765 | $45.31 | $80K |
Holdings After Transaction:
Restricted Stock Units — 1,765 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.
- F2. 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 RSUs
RSU reference price: $45.31 per unit
Shares underlying RSUs: 1,765 shares
+3 more
6 metrics
RSUs granted
1,765 RSUs
Grant to director on June 10, 2026
RSU reference price
$45.31 per unit
Reported price per RSU on grant date
Shares underlying RSUs
1,765 shares
Each RSU equals one share of common stock
Holdings after grant
1,765 RSUs
Total derivative holdings following this transaction
Grant date
June 10, 2026
Date RSUs were awarded
Final vesting date
June 10, 2027
End of one-year quarterly vesting schedule
Key Terms
Restricted Stock Units, RSU, XPEL 2020 Equity Incentive Plan, continuous service, +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."
continuous service financial
"Provided the reporting person remains in continuous service, these RSUs will vest in quarterly installments over a one-year period"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did XPEL (XPEL) director Mike Klonne report?
Director Mike Klonne reported receiving a grant of 1,765 restricted stock units (RSUs). These RSUs are a form of stock-based compensation and each unit represents a contingent right to receive one share of XPEL common stock in the future, subject to vesting.
How many XPEL (XPEL) RSUs were granted to director Mike Klonne?
Mike Klonne was granted 1,765 restricted stock units. This award was made on June 10, 2026 under the XPEL 2020 Equity Incentive Plan and represents a new equity position that will convert into common shares over time as the RSUs vest.
When do Mike Klonne’s XPEL (XPEL) RSUs vest?
The 1,765 RSUs granted to Mike Klonne vest in quarterly installments over one year. Vesting continues as long as he remains in continuous service, with a final vesting date of June 10, 2027, gradually delivering shares instead of all at once.
What does each RSU granted to XPEL (XPEL) director Mike Klonne represent?
Each RSU represents a contingent right to receive one share of XPEL common stock. This means Klonne does not receive the shares immediately; instead, shares are delivered as the RSUs vest according to the specified schedule and service conditions.
Under which plan were the XPEL (XPEL) RSUs to Mike Klonne granted?
The 1,765 RSUs were granted under the XPEL 2020 Equity Incentive Plan. This plan was approved by the company’s board of directors and stockholders and is used to provide equity-based compensation to eligible participants like directors and employees.
Is the XPEL (XPEL) RSU grant to Mike Klonne an open-market purchase or sale?
No, the RSU grant is not an open-market purchase or sale. It is a compensation-related equity award classified as a grant or award acquisition, provided by the company rather than bought or sold on the open market by the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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