XPEL, Inc. — Director's Dealing 2023

Aug 31, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XPEL, Inc. (XPEL)
CIK: 0001767258
Period of Report: 2023-08-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-28	Common Stock	S	7644	$83.4968	Disposed	1129532	Direct
2023-08-28	Common Stock	S	356	$84.275	Disposed	1129176	Direct
2023-08-30	Common Stock	G	1000	—	Disposed	1128176	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 $82.98 to $83.97. 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 $83.995 to $84.44. 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.

F4: Represents shares of the issuer's Common Stock that the reporting person donated as a gift to a donor advised fund.