XPEL (XPEL) director adds 1,596 shares through RSU vesting
Rhea-AI Filing Summary
XPEL, Inc. director Richard K. Crumly reported routine equity compensation activity. On September 16, 2025, December 16, 2025, and March 16, 2026, he exercised restricted stock units, converting 532 RSUs on each date into a total of 1,596 shares of common stock at a stated price of $0.00 per share. Following the latest transaction, he holds 5,334 common shares directly. Additional indirect holdings are reported as 316,912, 1,076,743, and 15,500 common shares held through entities and a spouse, with footnotes noting his status as a control person for certain LLCs and a disclaimer of beneficial ownership of his spouse’s shares. The RSUs were granted on June 16, 2025 under XPEL’s 2020 Equity Incentive Plan and vest in quarterly installments over one year.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 532 | $0.00 | -- |
| Exercise | Common Stock | 532 | $0.00 | -- |
| Exercise | Restricted Stock Units | 532 | $0.00 | -- |
| Exercise | Common Stock | 532 | $0.00 | -- |
| Exercise | Restricted Stock Units | 532 | $0.00 | -- |
| Exercise | Common Stock | 532 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Crumly is or was, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interests. Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person. Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person. Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities. 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 will vest in quarterly installments over a one year period with a final vesting date of June 16, 2026.