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: Moreau Mathieu (Senior VP, Sales and Product)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-07	Common Stock	M	912	—	Acquired	2396	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-07	Restricted Stock Units	$	M	912	Disposed		Common Stock (912)	Direct

Footnotes

F1: The Reporting Person paid his tax liability in cash.

F2: Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.

F3: On September 7, 2022, the Reporting Person was granted 3,649 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.