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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
June 4, 2025
Date of Report (date of earliest event reported)
XPEL, INC.
(Exact name of registrant as specified in its charter)
Nevada 001-38858 20-1117381
(State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.)
711 Broadway St., Suite 320 78215
San Antonio Texas
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (210) 678-3700
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.001 per share XPEL The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐





Item 5.07 Submission of Matters to a Vote of Security Holders

On June 4, 2025, XPEL, Inc. (the “Company”) convened its 2025 annual meeting of stockholders (the “Annual Meeting”). The results of the matters voted on at the Annual Meeting, based on the presence, in person or by proxy, of holders of record of 20,187,563 of the 27,664,765 shares of the Company’s common stock entitled to vote as of April 15, 2025, the record date, were as follows:

1. To elect as directors to the Company’s Board of Directors the five nominees named below for a term of one year:
For Withhold Broker Non-Vote
Ryan L. Pape 17,099,906 431,728 2,655,929
Stacy L. Bogart 16,764,586 767,048 2,655,929
Richard K. Crumly 16,783,924 747,710 2,655,929
Michael A. Klonne 17,024,618 507,016 2,655,929
John F. North 17,433,870 97,764 2,655,929

2. To ratify the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2025:

For Against Abstain
20,171,579 10,989 4,995

3. To approve, on an advisory basis, the compensation of the Company’s named executive officers:

For Against Abstain Broker Non-Vote
17,185,853 298,612 47,169 2,655,929

4. To approve the 2025 XPEL Inc. Employee Stock Purchase Plan:

For Against Abstain Broker Non-Vote
17,431,284 58,811 41,539 2,655,929

  Item 9.01. Financial Statements and Exhibits
 
    (d) Exhibits

EXHIBIT NO. IDENTIFICATION OF EXHIBIT
104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)

 



SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
XPEL, Inc.
Dated: June 9, 2025 By: /s/ Barry Wood
Barry Wood
Chief Financial Officer and Secretary