YEE KENT NEE HUNG 4

What Happened Yee Kent Nee Hung, CFO and director of DXP Enterprises, disposed of 6,936 shares on April 8, 2026 as a payment of a tax liability tied to vested awards. The shares were valued at $139.08 each, for a total of approximately $964,659. This was a forfeiture to cover tax withholding (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-04-08 at $139.08 per share (total ~$964,659).
• Transaction type/code: F — shares forfeited to satisfy tax withholding on vesting.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Filing date / timeliness: Form 4 filed 2026-04-09 — appears to be timely (filed the next day).
• Footnote: The filing states the disposal reflects payment of a vesting tax liability that was satisfied by forfeiting shares.

Context Forfeiting or surrendering shares to satisfy tax withholding is a common administrative step when restricted stock or other equity awards vest; it does not indicate an open-market sale or necessarily reflect the insider’s market view. This transaction should be viewed as a routine tax-related disposition rather than a directional buy/sell signal.