Wood Barry 4

What Happened Barry Wood, XPEL's Senior Vice President and Chief Financial Officer, was granted 6,270 restricted stock units (RSUs) on March 9, 2026. The Form 4 reports the acquisition as a derivative award at a reported price of $0.00 (typical for equity grants where no cash was paid). RSUs are a form of equity compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (appears timely under Section 16 reporting rules).
• Award: 6,270 RSUs; reported price $0.00 (derivative grant).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnotes:
  • Each RSU represents a contingent right to receive one share of XPEL common stock.
  • The RSUs vest annually in four equal installments beginning on the first anniversary of the grant, provided continuous service.
• Filing accession: 0001628280-26-016889.

Context RSU grants are a routine form of executive compensation and do not represent a purchase or sale of stock. Because these are contingent units that vest over time, they indicate future potential share issuance rather than an immediate change in market holdings. This filing is informational and should not be interpreted as a direct buy/sell signal.