Patton David 4
Research Summary
AI-generated summary
DXP Enterprises (DXPE) Director David Patton Receives 648-Share Award
What Happened
- David Patton, a director of DXP Enterprises, received an equity award of 648 shares (transaction code A) reported on 2026-07-07. The grant is valued at approximately $107,503 based on a reported price of $165.90 per share. This was an award/compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date reported: 2026-07-07 (grant footnote lists grant date as July 1, 2026)
- Price/value: $165.90 per share; total value ≈ $107,503
- Vesting: Full vesting occurs one year from the grant date (per footnote)
- Shares owned after transaction: Not specified in the filing
- Filing timeliness: Form 4 filed 2026-07-08 — within the typical two-business-day reporting window
Context
- Code A awards are typically restricted shares or RSUs subject to vesting; they represent compensation rather than a market buy signal. The one-year full-vesting term means Patton must remain in service for the award to become fully owned. This filing records the grant; it does not indicate any immediate sale or transfer.