BOGART STACY L 4

What Happened
Stacy L. Bogart, a director of XPEL, had restricted stock units (RSUs) vest and convert into common shares in three installments: 532 shares on each of 2025-09-16, 2025-12-16, and 2026-03-16, for a total of 1,596 shares. The filings show the derivative interest was converted/terminated at an exercise/ conversion price of $0.00, consistent with RSU vesting rather than a cash exercise of options.

Key Details

• Transaction type: Conversion of derivatives/RSU vesting (SEC code M entries converting RSUs to common stock).
• Dates and share counts: 532 shares on 2025-09-16; 532 shares on 2025-12-16; 532 shares on 2026-03-16 (total 1,596).
• Price / cash: Reported conversion price $0.00 (no cash paid to acquire the shares on conversion).
• Shares owned after transaction: Not specified in the supplied filing details.
• Footnotes: F1 — each RSU converts to one share of XPEL common stock. F2 — the RSUs were granted 2025-06-16 under XPEL’s 2020 Equity Incentive Plan and vest quarterly over one year, final vesting 2026-06-16.
• Filing timeliness: No late-filing flag provided in the supplied data.

Context
These entries reflect routine RSU vesting and conversion into shares (the derivative interest is extinguished at $0, per the filing). This is an award/vesting event rather than an open-market purchase or sale; such conversions are commonly part of director compensation and do not by themselves indicate the insider bought or sold stock in the market.