Mike Klonne - Mar 14, 2025 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role: Director
Signature: /s/ Mike Klonne
Stock symbol: XPEL
Transactions as of: Mar 14, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/17/2025, 04:10 PM
Previous filing: Dec 16, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XPEL	Common Stock	Options Exercise		+530	+50%		1.59K	Mar 14, 2025	Direct	F1
holding	XPEL	Common Stock						50K	Mar 14, 2025	by: Michael A. Klonne Living Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	XPEL	Restricted Stock Units	Options Exercise	$0	-530	-50%	$0.00	530	Mar 14, 2025	Common Stock	530		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.
F2	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 vest as follows: One-fourth vests on December 14, 2024 with the remaining shares vesting in equal quarterly installments over a one year period with a final vesting date of June 14, 2025, provided the reporting person remains in service to the Company.