Pape Ryan 4

What Happened Pape Ryan, President, CEO and Director of XPEL, was granted 15,676 restricted stock units (RSUs) on March 9, 2026. The award is reported as a derivative acquisition at $0.00 per unit (no cash paid). Each RSU represents a contingent right to one share of XPEL common stock.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely filing).
• Transaction type/code: Award/Grant (A) — 15,676 RSUs @ $0.00 (derivative).
• Vesting: RSUs vest annually in four equal installments beginning on the first anniversary of the grant, subject to continuous service (per footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Tax withholding or immediate share issuance: None indicated in the filing.

Context RSUs are a compensation award that convert into shares only as they vest; this is not an open-market purchase or sale and does not immediately change share count outstanding. Such awards are common for aligning executive incentives with shareholder interests but do not, by themselves, signal an immediate buying or selling of company stock.