Klonne Mike 4

What Happened

• Mike Klonne, a director of XPEL, was granted 1,765 restricted stock units (RSUs) on June 10, 2026. The grant is reported at $45.31 per share for a total recorded value of $79,972 (derivative award). This was a compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (appears timely).
• Transaction type/code: Award/Grant (Form 4 code A).
• Quantity and value: 1,765 RSUs at $45.31 per share; total $79,972.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each RSU represents a contingent right to one share of XPEL common stock. F2 — the 1,765 RSUs vest in quarterly installments over one year, with final vesting on June 10, 2027, subject to continued service.
• No 10b5-1 plan, tax-withholding sale, or immediate disposition reported.

Context

• RSUs are a form of deferred compensation: they convert into actual shares only when they vest. Director RSU grants are common for compensation and do not by themselves indicate buying or selling sentiment. Once vested and converted to shares, Klonne could hold or sell those shares subject to company policy and securities law.