Gregory Christopher T 4
4 · DXP ENTERPRISES INC · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
DXP Enterprises (DXPE) CIO Gregory Christopher T Forfeits 838 Shares
What Happened
Gregory Christopher T, Chief Information Officer of DXP Enterprises (DXPE), forfeited 838 shares on February 4, 2026. The shares were valued at $130.05 each, for a total of $108,982. This disposal reflects tax withholding to satisfy a vesting-related tax obligation rather than an open-market sale.
Key Details
- Transaction date: 2026-02-04; Filing date: 2026-02-06 (filed within the typical 2-business-day Form 4 window).
- Price per share: $130.05; Shares forfeited: 838; Total value: $108,982.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction code/footnote: F — tax withholding; footnote indicates shares were forfeited to meet the vesting tax liability (cashless/share-forfeit withholding).
- No indication this was a 10b5-1 sale or an open-market transaction.
Context
This was a routine tax-withholding event where vested shares are surrendered to cover taxes (a common "cashless" or share-forfeiture withholding method). Such forfeitures are administrative and do not generally signal management intent to reduce their stake via market sales. For investors, outright purchases by insiders tend to be more informative about insider sentiment than tax-related forfeitures.
Insider Transaction Report
- Tax Payment
DXP Common Stock
[F1]2026-02-04$130.05/sh−838$108,982→ 19,121 total
Footnotes (1)
- [F1]The disposal of shares reflects the payment of a vesting tax liability that was satisfied by forefeiting shares as a means of meeting the tax obligation.