STOCK TITAN

Expeditors (NASDAQ: EXPD) CEO Daniel R. Wall awarded 20,250 RSUs

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wall Daniel R reported acquisition or exercise transactions in this Form 4 filing.

EXPEDITORS INTERNATIONAL OF WASHINGTON INC President and CEO Daniel R. Wall received a grant of 20,250 Restricted Stock Units tied to the company’s common stock. Each unit represents the economic equivalent of one common share.

The award vests in three installments: 33% on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary. Following these transactions, Wall holds 61,654.6283 common shares directly and 20,250 Restricted Stock Units.

Positive

  • None.

Negative

  • None.
Insider Wall Daniel R
Role President and CEO
Type Security Shares Price Value
Grant/Award Restricted Stock Units - 2026 RSUs 20,250 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units - 2026 RSUs — 20,250 shares (Direct); Common Stock — 61,654.6283 shares (Direct)
Footnotes (2)
  1. F1. Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one common share of the Issuer.
  2. F2. Restricted Stock Unit Award that is released in three installments: 33% on the first anniversary of the date of the grant, 33% on the second anniversary and 34% on the third anniversary.
RSUs granted 20,250 units Restricted Stock Units - 2026 RSUs grant to President and CEO
Common shares held 61,654.6283 shares Direct common stock holdings after reported transactions
First vesting tranche 33% Vests on first anniversary of the grant date
Second vesting tranche 33% Vests on second anniversary of the grant date
Final vesting tranche 34% Vests on third anniversary of the grant date
Underlying common shares per RSU 1 share equivalent Each RSU equals economic equivalent of one common share
Restricted Stock Units financial
"Restricted Stock Unit Award that is released in three installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"represents a contingent right to receive the economic equivalent of one common share"
anniversary of the date of the grant financial
"33% on the first anniversary of the date of the grant"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did EXPD President and CEO Daniel R. Wall report on this Form 4?

Daniel R. Wall reported a grant of 20,250 Restricted Stock Units linked to EXPEDITORS INTERNATIONAL common stock. The filing also shows his direct ownership of 61,654.6283 common shares after the reported transactions, providing an updated snapshot of his equity-based compensation and shareholdings.

How many Restricted Stock Units did EXPD grant to Daniel R. Wall?

Daniel R. Wall received 20,250 Restricted Stock Units in this award. Each unit represents the economic equivalent of one EXPEDITORS INTERNATIONAL common share, giving him contingent rights that convert into value as units vest over the specified three-year vesting schedule.

What is the vesting schedule for Daniel R. Wall’s 2026 EXPD RSU grant?

The 20,250 Restricted Stock Units vest in three installments over three years. According to the filing, 33% vest on the first anniversary, another 33% on the second anniversary, and the remaining 34% on the third anniversary of the grant date.

How many EXPD common shares does Daniel R. Wall hold after this filing?

After the reported transactions, Daniel R. Wall directly holds 61,654.6283 EXPEDITORS INTERNATIONAL common shares. In addition, he holds 20,250 Restricted Stock Units, which provide contingent rights to the economic value of additional common shares as they vest over time.

What does each Restricted Stock Unit represent in the EXPD Form 4 filing?

Each Restricted Stock Unit reported for EXPEDITORS INTERNATIONAL represents a contingent right to receive the economic equivalent of one common share. This means Wall does not immediately receive shares, but gains value that aligns with the company’s stock as units vest.

Is Daniel R. Wall’s RSU grant in the EXPD filing an open-market stock purchase?

No, the Form 4 shows a grant of 20,250 Restricted Stock Units, not an open-market stock purchase. The award is compensation-related, has a zero per-unit price, and vests in stages over three years rather than being bought on the public market.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Wall Daniel R

(Last)(First)(Middle)
3545 FACTORIA BLVD SE
STERLING PLAZA 2, 3RD FLOOR

(Street)
BELLEVUE WASHINGTON 98006

(City)(State)(Zip)

UNITED STATES

(Country)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock61,654.6283D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units - 2026 RSUs(1)05/05/2026A20,250 (2) (2)Common Stock20,250$020,250D
Explanation of Responses:
1. Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one common share of the Issuer.
2. Restricted Stock Unit Award that is released in three installments: 33% on the first anniversary of the date of the grant, 33% on the second anniversary and 34% on the third anniversary.
Diane Heffner, Stock Plan Administrator, attorney-in-fact05/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)