XPEL, Inc. — Director's Dealing 2025

Mar 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XPEL, Inc. (XPEL)
CIK: 0001767258
Period of Report: 2025-03-01

Reporting Person: Wood Barry (Senior Vice President/CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-01	Common Stock	M	951	—	Acquired	26779	Direct
2025-03-01	Common Stock	F	282	$33.43	Disposed	26497	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-01	Restricted Stock Units	$	M	951	Disposed		Common Stock (951)	Direct
2025-03-01	Restricted Stock Units	$	A	5982	Acquired		Common Stock (5982)	Direct

Footnotes

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

F2: On March 1, 2024, the Reporting Person was granted 3,804 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 installments beginning on the first anniversary of the grant.

F3: On March 1, 2025, the Reporting Person was granted 5,982 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 installments beginning on the first anniversary of the grant.