RSU vesting adds to Expeditors (NASDAQ: EXPD) president’s stake
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC president Blake R. Bell reported routine equity compensation activity involving RSUs and related tax withholding. On May 1, 2026, RSUs and associated dividend equivalent rights from a 2023 grant vested and converted into common stock at no cash exercise price.
In connection with this vesting, 1,115 shares of common stock were disposed of in a tax-withholding disposition at $147.89 per share to cover tax obligations, rather than an open-market sale. Following these transactions, Bell directly holds 59,172.4324 shares of common stock. No remaining derivative position from these specific RSUs and dividend equivalents is shown.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,897 shares
Net Buy
6 txns
Insider
Bell Blake R
Role
President Global Business Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units ("RSUs") | 0.431 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units ("RSUs") | 2,907.431 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights - 2023 RSUs | 104.569 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,907.431 | $0.00 | $0.00 |
| Exercise | Common Stock | 104.569 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,115 | $147.89 | $165K |
Holdings After Transaction:
Restricted Stock Units ("RSUs") — 0 shares (Direct);
Dividend Equivalent Rights - 2023 RSUs — 0 shares (Direct);
Common Stock — 59,172.4324 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-withholding shares: 1,115 shares
Tax-withholding price: $147.89/share
RSUs vested: 2,907.431 units
+3 more
6 metrics
Tax-withholding shares
1,115 shares
Common stock used for tax-withholding disposition at $147.89/share
Tax-withholding price
$147.89/share
Price for 1,115 shares delivered to cover tax liability
RSUs vested
2,907.431 units
Restricted Stock Units from 2023 grant vesting into common stock
Dividend equivalent rights vested
104.569 rights
Dividend Equivalent Rights vesting into common stock equivalents
Post-transaction holdings
59,172.4324 shares
Common stock held directly after RSU vesting and tax withholding
Derivative exercises
3,012 shares
Exercise/conversion of derivative awards per transaction summary
Key Terms
Restricted Stock Units ("RSUs"), Dividend Equivalent Rights, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Restricted Stock Units ("RSUs") vested and converted into common stock at no cash price"
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
"Dividend Equivalent Rights - 2023 RSUs represent the economic equivalent of one common share"
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
"A tax-withholding disposition of 1,115 common shares was used to pay tax liability"
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
"Form 4 describes exercise or conversion of derivative security into common stock"
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.
grant, award, or other acquisition financial
"Code A reflects a grant, award, or other acquisition of RSUs"
AI-generated analysis. How Rhea-AI works. Not financial advice.
