Hoffman Karen 4

What Happened
Karen Hoffman, a director of DXP Enterprises, was granted 648 shares (transaction code A) on 2026-07-07 at a reported price of $165.90 per share, for a total reported value of $107,503. The filing reports these shares as "Acquired" via an award/grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-07-07; Form 4 filed: 2026-07-08 (filed timely under standard reporting rules).
• Price/value: 648 shares × $165.90 = $107,503 reported value.
• Vesting: Grant terms provide for full vesting one year from the grant date (grant date July 1, 2026), so the award vests on or about 2027-07-01.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Transaction code: A = Award/Grant (acquisition). No 10b5-1 plan, tax-withholding, or sale noted in this filing.

Context
This was an equity award that will vest over time (fully in one year), meaning the shares may be subject to forfeiture until vesting and are not an immediate open-market purchase. Awards to directors are common compensation practice and are informative about stake alignment but do not necessarily indicate short-term trading intent.