DXP ENTERPRISES INC·4

Apr 10, 2:01 PM ET

LITTLE DAVID R 4

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DXP Enterprises (DXPE) 10% Owner David R. Little Forfeits 22,501 Shares

What Happened David R. Little, reported as a 10% owner of DXP Enterprises, forfeited 22,501 shares on April 8, 2026 to satisfy a vesting tax liability. The shares were valued at $138.82 each, for a total of approximately $3,123,589. This was not an open-market sale but a tax-withholding/forfeiture to cover taxes due on equity that vested.

Key Details

  • Transaction date: April 8, 2026; Filing date (Form 4): April 10, 2026 (appears timely).
  • Shares forfeited/disposed: 22,501 at $138.82 per share; total value ≈ $3,123,589.
  • Transaction code: F — payment of exercise price or tax liability by delivery/withholding of securities.
  • Footnote: The disposal reflects payment of a vesting tax liability that was satisfied by forfeiting shares (per F1).
  • Shares owned after the transaction: not specified in this filing.

Context This transaction represents tax withholding via share forfeiture tied to vested equity rather than a discretionary market sale; such transactions are common for satisfying tax obligations when awards vest. As a 10% owner (significant shareholder), Little’s filing reports ownership status but this type of tax-related forfeiture does not necessarily indicate a change in sentiment about the company.