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: 2023-09-05

Reporting Person: Pape Ryan (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-05	Common Stock	S	1450	$75.945	Disposed	1126726	Direct
2023-09-05	Common Stock	S	4194	$76.945	Disposed	1122532	Direct
2023-09-05	Common Stock	S	1400	$77.945	Disposed	1121132	Direct
2023-09-05	Common Stock	S	100	$78.935	Disposed	1121032	Direct
2023-09-05	Common Stock	S	200	$79.925	Disposed	1120832	Direct
2023-09-05	Common Stock	S	300	$80.915	Disposed	1120532	Direct
2023-09-05	Common Stock	S	219	$81.905	Disposed	1120313	Direct
2023-09-05	Common Stock	S	137	$82.895	Disposed	1120176	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2023 by the Reporting Person.

F2: This transaction was executed in multiple trades at prices ranging from $75.45 to $76.44. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $76.44 to $77.43. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: This transaction was executed in multiple trades at prices ranging from $77.43 to $78.42. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F5: This transaction was executed in multiple trades at prices ranging from $78.42 to $79.41. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F6: This transaction was executed in multiple trades at prices ranging from $79.41 to $80.40. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F7: This transaction was executed in multiple trades at prices ranging from $80.40 to $81.39. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F8: This transaction was executed in multiple trades at prices ranging from $81.39 to $82.38. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F9: This transaction was executed in multiple trades at prices ranging from $82.38 to $83.37. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.