BOGART STACY L 4

What Happened
Stacy L. Bogart, a director of XPEL, had restricted stock units (RSUs) vest on June 16, 2026 and converted those RSUs into 532 shares of XPEL common stock. On the same date, 532 shares were disposed at $0.00 — consistent with shares withheld to satisfy tax withholding obligations. The filing shows no cash proceeds from the disposition.

Key Details

• Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (timely filing).
• Reported transactions: 532 shares acquired via exercise/conversion of derivative (RSU vesting) and 532 shares disposed at $0.00 (tax withholding).
• Price/value: Disposed shares show $0.00 (no cash proceeds reported). Market value of vested shares at vesting not provided in the filing.
• Shares owned after the transaction: Not specified in the supplied filing details.
• Footnotes: F1 — each RSU equals one share; F2 — these RSUs were granted on June 16, 2025 and vested quarterly with a final vesting date of June 16, 2026.

Context
This was an RSU vesting and conversion event, not an open-market buy or sale. The zero-dollar disposition is a common tax-withholding mechanism when RSUs vest and does not indicate a sale for cash. Such internal conversions and withholdings are routine executive compensation events and are factual disclosures rather than signals of insider market sentiment.