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XPEL, Inc. Director's Dealing 2025

Jun 17, 2025

32229_dirs_2025-06-17_7398fd60-1fa4-4659-b5fa-d283e12fb68e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XPEL, Inc. (XPEL)
CIK: 0001767258
Period of Report: 2025-06-14

Reporting Person: Crumly Richard K. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-06-14 Common Stock M 530 Acquired 3738 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-06-14 Restricted Stock Units $ M 530 Disposed Common Stock (530) Direct
2025-06-16 Restricted Stock Units $ A 2128 Acquired Common Stock (2128) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 316912 Indirect
Common Stock 1076743 Indirect
Common Stock 15500 Indirect

Footnotes

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

F2: Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person.

F3: Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Crumly is or was, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interests.

F4: Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person.

F5: Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities.

F6: The RSUs were granted on June 14, 2024 pursuant to the XPEL 2020 Equity Incentive Plan approved by the Board of Directors and stockholders and will vest in quarterly installments over a one year period with a final vesting date of June 14, 2025.

F7: On June 16, 2025, the Reporting Person was granted 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, these RSUs will vest in quarterly installments over a one year period with a final vesting date of June 16, 2026.