XPEL, Inc. — Director's Dealing 2023

Sep 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XPEL, Inc. (XPEL)
CIK: 0001767258
Period of Report: 2023-09-07

Reporting Person: Wood Barry (Senior Vice President/CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-07	Common Stock	M	1094	—	Acquired	26094	Direct
2023-09-07	Common Stock	F	266	$76.51	Disposed	25828	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-07	Restricted Stock Units	$	M	1094	Disposed		Common Stock (1094)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.

F2: On September 7, 2022, the Reporting Person was granted 4,379 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, RSUs vest annually in four equal annual installments beginning on the first anniversary of the grant.