Crumly Richard K. 4

4 · XPEL, Inc. · Filed Jun 18, 2026

AI-generated summary of this filing

Updated Jun 18, 2026

XPEL Director Richard Crumly Converts 532 RSUs

What Happened

Richard K. Crumly, a director of XPEL, had 532 restricted stock units (RSUs) vest and convert into 532 shares on June 16, 2026 (reported on Form 4 filed 2026-06-18). The filing shows an acquisition via conversion (derivative code M) of 532 shares and a simultaneous disposition of 532 shares at $0.00, resulting in no cash proceeds to the reporting person.

Key Details

Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (filed within the standard 2-business-day window).
Shares converted: 532 RSUs → 532 common shares.
Disposal price shown: $0.00 (disposition of the same 532 shares).
Shares owned after the transaction: not specified in the excerpt provided.
Relevant footnotes: F1 confirms each RSU converts to one share; F6 notes these RSUs were granted 6/16/2025 and vested in installments with final vesting on 6/16/2026. F2–F5 relate to beneficial ownership disclaimers and holdings through affiliated entities/spouse.
Transaction code M indicates exercise/conversion of a derivative; the $0 disposition is consistent with shares withheld/redirected (e.g., for tax withholding), not a market sale.

Context

This appears to be routine RSU vesting and conversion at the scheduled final vesting date; the simultaneous $0.00 disposition likely reflects shares withheld or transferred to satisfy tax obligations rather than an open-market sale. Such vesting-related conversions are common and do not necessarily signal a change in insider sentiment.

Form 4

Period: 2026-06-16

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-16+532→ 5,866 total
Exercise/Conversion
Restricted Stock Units
[F1][F6]
2026-06-16−532→ 0 total
→ Common Stock (532 underlying)

Holdings

Footnotes (6)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.
[F2]Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Crumly is or was, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interests.
[F3]Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person.
[F4]Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person.
[F5]Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities.
[F6]On June 16, 2025, the Reporting Person was granted RSUs pursuant to the XPEL 2020 Equity Incentive Plan which was approved by the Board of Directors and stockholders. Provided the reporting person remains in continuous service, these RSUs will vest in quarterly installments over a one year period with a final vesting date of June 16, 2026.

Signature

/s/ Richard K. Crumly|2026-06-18

1 file