BOGART STACY L 4

What Happened

• Stacy L. Bogart, a director of XPEL, Inc. (XPEL), was granted 1,765 restricted stock units (RSUs) on June 10, 2026. The grant is reported as a derivative award and was valued at $45.31 per share, for a total grant value of approximately $79,972. This is an equity compensation award (not an open-market purchase or sale).

Key Details

• Transaction date and price: June 10, 2026 — 1,765 RSUs; $45.31 per share implied value; total ≈ $79,972.
• Instrument: Restricted stock units (reported as a derivative).
• Vesting: RSUs vest in quarterly installments over one year, with final vesting on June 10, 2027, contingent on continuous service (per filing footnote).
• Plan: Granted under the XPEL 2020 Equity Incentive Plan (approved by the board and stockholders).
• Shares owned after transaction: Not specified in the filing.
• Filing date/timeliness: Form filed June 12, 2026 — appears timely (filed within two business days of the transaction).

Context

• RSUs are a contingent right to receive common shares upon vesting; they are compensation, not an immediate share purchase or sale. Because these awards vest over time, they do not represent immediate share ownership or liquidity until vesting occurs. Grants to directors are common as part of standard compensation practices.