MANNES JOSEPH R 4

What Happened
Joseph R. Mannes, a director of DXP Enterprises, was granted 648 shares (transaction code A — award/acquisition) valued at $165.90 per share, totaling about $107,503. This filing reports the award as an acquisition rather than an open-market purchase or sale.

Key Details

• Transaction date per report: July 8, 2026; grant date noted in footnote: July 1, 2026.
• Price/value: $165.90 per share; total reported value $107,503.
• Vesting: Footnote states the grant provides for full vesting one year from the date of grant (vests July 1, 2027).
• Shares owned after transaction: not specified in the Form 4 filing.
• Filing: Form 4 filed July 9, 2026 for the July 8, 2026 report date — appears to be a timely filing.
• Transaction code: A = Award/Grant.

Context
This is a granted award (likely restricted shares or RSUs by the company’s award program) that vests in one year; the shares are not immediately sold and may be forfeitable until vesting. Awards are common for directors and executives and are different from open-market purchases — they represent compensation/retention rather than a direct market bet.