XPEL, Inc. — Director's Dealing 2025

Jul 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XPEL, Inc. (XPEL)
CIK: 0001767258
Period of Report: 2025-07-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-07-15	Common Stock	M	1040	—	Acquired	1075125	Direct
2025-07-15	Common Stock	F	254	$35.05	Disposed	1074871	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-07-15	Restricted Stock Units	$	M	1040	Disposed		Common Stock (1040)	Direct

Footnotes

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

F2: The RSUs were granted on July 15, 2021 pursuant to the XPEL 2020 Equity Incentive Plan approved by the Board of Directors and stockholders and vest as follows: the final annual installment vested on July 15, 2025.