Brandon Pedersen (NASDAQ: EXPD) gets 1,306-share stock award
Rhea-AI Filing Summary
PEDERSEN BRANDON reported acquisition or exercise transactions in this Form 4 filing.
EXPEDITORS INTERNATIONAL OF WASHINGTON INC director Brandon Pedersen received a restricted stock award of 1,306 shares of Common Stock. The award was granted at no cost under the company’s 2017 Omnibus Incentive Plan and will vest in full on May 5, 2026. Following this grant, Pedersen directly holds 8,643 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,306 shares
Net Buy
1 txn
Insider
PEDERSEN BRANDON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,306 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 8,643 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Award vests in full on May 5, 2026.
- F2. Restricted Stock granted at no cost pursuant to Expeditors International of Washington, Inc.'s 2017 Omnibus Incentive Plan.
Key Figures
Restricted stock grant: 1,306 shares
Holdings after grant: 8,643 shares
Vesting date: May 5, 2026
3 metrics
Restricted stock grant
1,306 shares
Restricted Stock Award of Common Stock to director Brandon Pedersen
Holdings after grant
8,643 shares
Total Common Stock directly held by Brandon Pedersen after transaction
Vesting date
May 5, 2026
Restricted Stock Award vests in full on this date
Key Terms
Restricted Stock Award, Common Stock, 2017 Omnibus Incentive Plan
3 terms
Restricted Stock Award financial
"Restricted Stock Award vests in full on May 5, 2026."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
2017 Omnibus Incentive Plan financial
"granted at no cost pursuant to Expeditors International of Washington, Inc.'s 2017 Omnibus Incentive Plan."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EXPD report for Brandon Pedersen?
Brandon Pedersen received a grant of 1,306 shares of EXPD Common Stock as a Restricted Stock Award. The shares were granted at no cost under the 2017 Omnibus Incentive Plan and increase his direct holdings to 8,643 shares after the transaction.
When does Brandon Pedersen’s EXPD restricted stock award vest?
The Restricted Stock Award granted to Brandon Pedersen vests in full on May 5, 2026. Until that vesting date, the shares are restricted, meaning they are subject to specified conditions under the company’s 2017 Omnibus Incentive Plan before becoming fully owned.
What plan governed Brandon Pedersen’s EXPD restricted stock grant?
The restricted shares were granted pursuant to Expeditors International of Washington, Inc.’s 2017 Omnibus Incentive Plan. This plan authorizes equity-based awards, such as Restricted Stock Awards, to eligible participants as part of their overall compensation and incentive structure.
Did Brandon Pedersen pay for the EXPD restricted stock award?
No, the filing states that the Restricted Stock was granted at no cost to Brandon Pedersen. The award represents a compensation-related grant under the company’s 2017 Omnibus Incentive Plan rather than an open-market share purchase transaction.