Crumly Richard K. 4

What Happened

• Richard K. Crumly, a director of XPEL, was awarded 1,765 restricted stock units (RSUs) on June 10, 2026. The grant is reported as a derivative acquisition (code A) at an attributed value of $45.31 per share, totaling $79,972.
• This was an equity compensation award (not an open-market purchase or sale).

Key Details

• Transaction date and price: June 10, 2026; 1,765 RSUs at $45.31 per share (total value $79,972).
• Shares owned after transaction: Not specified in this filing.
• Vesting and terms: Each RSU represents a contingent right to one share. The 1,765 RSUs vest in quarterly installments over one year, with a final vesting date of June 10, 2027 (see footnotes F1–F2).
• Filing timeliness: Report filed June 12, 2026 for a June 10 transaction (filed within the usual two-business-day window).

Context

• RSUs are a form of compensation: they convert to common shares only if vesting conditions (continued service) are met, so this award does not immediately increase market float.
• Such grants are routine for directors and executives as part of long-term incentive programs; they are informative about compensation but do not by themselves signal a buy or sell intent.