Santos David Molero 4

What Happened David Molero Santos, Chief Accounting Officer of DXP Enterprises (DXPE), had 603 shares disposed on April 8, 2026 to satisfy a tax withholding obligation. The shares were valued at $138.04 each, for a total of approximately $83,238. The transaction is reported as a forfeiture to cover taxes rather than an open-market sale.

Key Details

• Transaction date and price: 2026-04-08 — 603 shares at $138.04 per share (total ≈ $83,238). Transaction code: F (tax withholding/forfeiture).
• Filing date: Form 4 filed Apr 10, 2026 (two days after the transaction), which is within the typical two-business-day filing window.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: The disposal reflects payment of a vesting tax liability satisfied by forfeiting shares to meet the tax obligation (footnote F1).

Context This was a tax-withholding event tied to vesting or a similar compensation event, often handled by forfeiting shares (a cashless method) rather than selling on the open market. Such forfeitures are routine administrative actions and do not necessarily signal the insider’s view on the company’s prospects.