Expeditors International (NASDAQ: EXPD) insider granted dividend rights

Rhea-AI Filing Summary

Expeditors International of Washington reported an insider equity transaction by a Senior Vice President and CIO. On 12/15/2025, the officer acquired 12.519 dividend equivalent rights tied to the company’s 2025 restricted stock unit grant. Each right represents the economic equivalent of one share of common stock, and the derivative security is priced at $151.57 per right. After this grant, the officer directly holds 28.894 dividend equivalent rights, which will vest in step with the related restricted stock units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hawkins Courtney A

(Last) (First) (Middle)

3545 FACTORIA BLVD SE

STERLING PLAZA 2, 3RD FLOOR

(Street)

BELLEVUE WA 98006

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EXPEDITORS INTERNATIONAL OF WASHINGTON INC [ EXPD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP - CIO

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights - 2025 RSUs	(1)	12/15/2025		A		12.519		(1)	(1)	Common Stock	12.519	$151.57	28.894	D

Explanation of Responses:

1. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2025 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.

	Diane Heffner, Stock Plan Administrator, attorney-in-fact	12/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Expeditors International (EXPD) report in this filing?

The filing reports that a Senior VP and CIO of Expeditors International of Washington acquired 12.519 dividend equivalent rights on 12/15/2025, tied to the company’s 2025 restricted stock unit grant.

How many dividend equivalent rights does the EXPD officer now hold after the 12/15/2025 transaction?

Following the 12/15/2025 transaction, the officer directly beneficially owns 28.894 dividend equivalent rights linked to Expeditors International common stock.

What are dividend equivalent rights in the Expeditors International (EXPD) insider filing?

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of Expeditors International, accruing on the 2025 restricted stock units and vesting proportionately with those units.

Did this EXPD insider transaction involve buying or selling common stock directly?

The non-derivative table shows 0 shares of common stock disposed of in this transaction; the activity relates to the acquisition of dividend equivalent rights, which are derivative securities tied to restricted stock units.

What was the price associated with the dividend equivalent rights in the EXPD transaction?

The dividend equivalent rights related to Expeditors International’s 2025 RSUs are reported with a price of $151.57 per derivative security.

When did the reported EXPD insider equity transaction occur?

The earliest transaction date disclosed for the insider’s dividend equivalent rights acquisition at Expeditors International is 12/15/2025.