Expeditors (EXPD) CEO reports RSU vesting and tax-withholding share disposition
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC President and CEO Daniel R. Wall reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 7, 2026, he exercised rights linked to 1,738 common shares from 2024 RSUs and associated dividend equivalent rights at a conversion price of $0.0000 per share, reflecting vesting rather than an open-market purchase.
To cover tax obligations, 644 common shares were disposed of at $151.2400 per share through a tax-withholding mechanism, which is not an open-market sale. Following these transactions, he directly held about 68,691.6283 common shares. Footnotes explain that each RSU and dividend equivalent right represents the economic equivalent of one common share and that these awards vested on May 7, 2026.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 1,094 shares
Net Buy
5 txns
Insider
Wall Daniel R
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - 2024 RSUs | 1,697 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights - 2024 RSUs | 41 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,697 | $0.00 | $0.00 |
| Exercise | Common Stock | 41 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 644 | $151.24 | $97K |
Holdings After Transaction:
Restricted Stock Units - 2024 RSUs — 1,697 shares (Direct);
Dividend Equivalent Rights - 2024 RSUs — 41.331 shares (Direct);
Common Stock — 68,691.6283 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 7, 2026.
Key Figures
Tax-withholding shares: 644 shares
Tax-withholding price: $151.2400/share
RSU-related exercises: 1,738 shares
+3 more
6 metrics
Tax-withholding shares
644 shares
Common stock disposed at $151.2400 per share for tax withholding
Tax-withholding price
$151.2400/share
Price for 644 common shares used to satisfy tax liability
RSU-related exercises
1,738 shares
Common shares underlying 2024 RSUs and dividend equivalent rights exercised
Post-transaction holdings
68,691.6283 shares
Common stock directly held by CEO after transactions
Dividend equivalent rights balance
41.3310 units
Dividend equivalent rights remaining after conversion transaction
Restricted Stock Units balance
1,697.0000 units
2024 RSUs shown in derivative holdings after exercise activity
Key Terms
Restricted Stock Units, Dividend Equivalent Rights, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units - 2024 RSUs"
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.
Dividend Equivalent Rights financial
"Dividend Equivalent Rights - 2024 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
"Each RSU and DER represent a contingent right to receive the economic equivalent of one common shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did EXPD CEO Daniel R. Wall report on May 7, 2026?
Daniel R. Wall reported vesting-related equity transactions on May 7, 2026. He exercised rights tied to 1,738 common shares from 2024 RSUs and dividend equivalent rights, and some shares were withheld to pay taxes rather than sold in the open market.
Did the EXPD CEO buy or sell common stock on the open market in this Form 4?
The Form 4 does not show open-market buys or sells. It records compensation-related exercises of restricted stock units and dividend equivalent rights, plus a tax-withholding disposition of 644 shares at $151.2400 per share to satisfy tax liabilities on the vesting.
What are the 2024 RSUs and dividend equivalent rights mentioned in the EXPD Form 4?
The 2024 RSUs and dividend equivalent rights are stock-based awards tied to Expeditors common shares. Each unit or right represents the economic equivalent of one share, and the filing notes that these awards vested on May 7, 2026, triggering the reported exercises.