Ryan Pape - 28 Aug 2023 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role
President and CEO, Director
Signature
/s/ Babatunde Awodiran, XPEL General Counsel (Attorney-in-Fact)
Issuer symbol
XPEL
Transactions as of
28 Aug 2023
Net transactions value
-$668,251
Form type
4
Filing time
30 Aug 2023, 18:34:53 UTC
Previous filing
23 Aug 2023
Next filing
07 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPEL Common Stock Sale $638,250 -7,644 -0.67% $83.50 1,129,532 28 Aug 2023 Direct F1, F2
transaction XPEL Common Stock Sale $30,002 -356 -0.03% $84.28 1,129,176 28 Aug 2023 Direct F1, F3
transaction XPEL Common Stock Gift $0 -1,000 -0.09% $0.000000 1,128,176 30 Aug 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2023 by the Reporting Person.
F2 This transaction was executed in multiple trades at prices ranging from $82.98 to $83.97. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $83.995 to $84.44. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 Represents shares of the issuer's Common Stock that the reporting person donated as a gift to a donor advised fund.