Santos David Molero 4

What Happened

• Santos David Molero, Chief Accounting Officer of DXP ENTERPRISES INC (DXPE), reported two dispositions. On 2026-06-15 he sold 1,100 shares in an open-market sale at $171.50 per share totaling $188,650. Earlier, on 2026-05-29, 194 shares were forfeited to satisfy a vesting-related tax liability at $144.20 per share (total $27,975), per the filing footnote.

Key Details

• Transactions:
  • 2026-05-29: 194 shares disposed via tax withholding/forfeiture at $144.20/share — $27,975 (code F).
  • 2026-06-15: 1,100 shares sold in an open market sale at $171.50/share — $188,650 (code S).
• Combined proceeds/impact: approximately $216,625 in total value affected by both dispositions.
• Shares owned after the transactions: Not disclosed in the provided filing details.
• Footnote: The 05/29 disposal was to satisfy a vesting tax liability by forfeiting shares (F1).
• Filing date: Form 4 was filed 2026-06-15 and reports both transactions.

Context

• The 194-share disposition was a tax-withholding event (shares forfeited to cover taxes) rather than a voluntary sale; these are routine when equity vests. The 1,100-share sale is an open-market sale, which is commonly a routine liquidity action and not necessarily a signal of company outlook. The filing does not indicate any 10% owner status or a 10b5-1 plan.