[Form 4] EXPEDITORS INTERNATIONAL OF WASHINGTON INC Insider Trading Activity
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC executive Kelly K Blacker, President, Global Geographies, reported routine equity compensation activity. On May 1, 2026, previously granted RSUs and related dividend equivalent rights converted into a total of 794 common shares. To cover tax obligations, 294 shares were disposed of at $147.89 per share, a tax-withholding disposition rather than an open-market sale. Following these transactions, Blacker directly owned about 14,386.9915 common shares and also received a small additional RSU grant of 0.887 units, bringing the RSU balance reported in the award line to 765.887 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares
Net Buy
6 txns
Insider
Blacker Kelly K
Role
President, Global Geographies
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units ("RSUs") | 0.887 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units ("RSUs") | 765.887 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights - 2023 RSUs | 28.113 | $0.00 | $0.00 |
| Exercise | Common Stock | 765.887 | $0.00 | $0.00 |
| Exercise | Common Stock | 28.113 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 294 | $147.89 | $43K |
Holdings After Transaction:
Restricted Stock Units ("RSUs") — 0 shares (Direct);
Dividend Equivalent Rights - 2023 RSUs — 0 shares (Direct);
Common Stock — 14,386.9915 shares (Direct)
Footnotes (1)
- F1. Each RSU and DER represent a contingent right to receive the economic equivalent of one common shares of the issuer. The RSUs and DERs vested on May 1, 2026.
Key Figures
Tax-withheld shares: 294 shares
Tax-withholding price: $147.89/share
Shares from DERs: 28.113 shares
+5 more
8 metrics
Tax-withheld shares
294 shares
Common stock withheld at $147.89 for taxes
Tax-withholding price
$147.89/share
Value per share for 294-share tax disposition
Shares from DERs
28.113 shares
Common stock from dividend equivalent rights exercise
Shares from RSUs
765.887 shares
Common stock from RSU conversion
Total shares exercised
794 shares
ExerciseShares in transaction summary
Post-transaction holdings
14,386.9915 shares
Direct common stock owned after tax-withholding transaction
Transaction date
May 1, 2026
Vesting and transaction date for RSUs and DERs
New RSU grant
0.887 units
Additional RSUs awarded, bringing RSU line to 765.887
Key Terms
Restricted Stock Units ("RSUs"), Dividend Equivalent Rights, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"security_title": "Restricted Stock Units (\"RSUs\")""
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Dividend Equivalent Rights financial
"security_title": "Dividend Equivalent Rights - 2023 RSUs""
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represent a contingent right to receive the economic equivalent"
AI-generated analysis. How Rhea-AI works. Not financial advice.
