Welcome to our dedicated page for XPEL SEC filings (Ticker: XPEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
XPEL, Inc. filings document the formal reporting of a Nevada corporation that sells protective films, coatings and related automotive services. Form 8-K reports include quarterly and annual operating results, material agreements, amendments to bylaws, changes to security-holder rights, board appointments and insider-trading policy updates.
Proxy materials describe director elections, board committee structure, executive compensation, equity awards, ownership and shareholder voting matters. Credit-agreement disclosures cover secured revolving loans, letters of credit, maturity terms, SOFR-based borrowing options, covenants and collateral tied to XPEL's material property and assets.
Pape Ryan reported disposition transactions in this Form 4 filing.
XPEL, Inc. President and CEO Ryan Pape exercised 2,737 restricted stock units into common stock on September 7, 2025. In connection with this vesting, 667 shares of common stock were delivered at $35.6800 per share to satisfy tax liability. He now directly holds 1,076,941 shares of XPEL common stock. These RSUs were part of a 10,947-unit grant made on September 7, 2022 under the XPEL 2020 Equity Incentive Plan, which vests annually in four equal installments contingent on continuous service.
XPEL’s Q2-25 results show solid top-line momentum but modest margin pressure. Revenue rose 13.5% YoY to $124.7 million, lifted by 27.0% growth in window film and a 75% rebound in China. Product sales remained 76% of mix; service revenue grew 12.0%. Gross margin slipped 60 bps to 42.9% as higher dealership installation mix and marketing spend offset scale benefits. Operating income was essentially flat at $19.3 million (15.5% margin), while net income climbed 7.8% to $16.2 million; diluted EPS improved to $0.59 from $0.54.
For the first half, revenue advanced 14.2% to $228.5 million and net income increased 14.3% to $24.8 million ($0.90 EPS). Operating cash flow jumped 42% to $31.1 million, driving cash & equivalents to $49.6 million versus $22.1 million at year-end. The $125 million revolver and CAD $4.5 million Canadian facility remained undrawn, leaving net cash positive and leverage covenants well inside limits. Inventory was reduced 6% sequentially, and goodwill rose to $46.5 million after small acquisitions. Management highlights expanding international demand, particularly in Asia-Pacific, but notes higher tax rates (20.3% vs. 18.8%) and tariff uncertainty as headwinds.
Form 4 overview: XPEL, Inc. President & CEO Ryan Pape reported transactions dated 19 June 2025 involving both derivative and non-derivative equity.
- RSU vesting (Code M): 1,991 restricted stock units converted one-for-one into common shares.
- Tax withholding sale (Code F): 486 of those shares were automatically sold at $36.14 to satisfy withholding obligations.
- Net impact: Pape added 1,505 shares (1,991 acquired minus 486 sold) and now directly owns 1,074,085 XPEL common shares.
- Remaining equity incentives: 3,981 RSUs continue to be held after the transaction. These RSUs are part of a 7,962-unit grant made on 19 June 2023 under the XPEL 2020 Equity Incentive Plan, vesting in four equal annual tranches.
The filing indicates routine executive compensation activity rather than an open-market purchase or discretionary sale. No changes to Pape’s roles (Director, President & CEO) or to XPEL’s capital structure were disclosed.
XPEL, Inc. (ticker: XPEL) filed a Form 4 on 20 June 2025 disclosing routine equity transactions by Senior Vice President & Chief Financial Officer Barry Wood. The earliest transaction date reported is 19 June 2025.
Mr. Wood exercised 637 Restricted Stock Units (RSUs) that had vested under the company’s 2020 Equity Incentive Plan (transaction code M). Each RSU converts into one share of common stock, increasing his direct share ownership to 27,134 shares immediately after the conversion.
To satisfy statutory tax-withholding requirements, he executed a sell-to-cover of 156 shares at $36.14 per share (transaction code F). After the withholding sale, his direct holdings stand at 26,978 shares, reflecting a net increase of 481 shares for the reporting date.
On the derivative side, the conversion reduced Mr. Wood’s outstanding RSU balance by the same 637 units, leaving 1,274 RSUs unvested/undelivered. No options, warrants, or other derivatives were involved, and no cash proceeds were reported on the conversion itself.
Investment relevance: The filing represents a standard annual RSU vesting event by a senior officer with a modest dollar value relative to XPEL’s public float. There are no indications of discretionary open-market buying or large discretionary selling; therefore, the filing is considered routine with limited direct market impact.