Expeditors (NYSE: EXPD) SVP gains 149 shares from RSUs, 37 withheld
Rhea-AI Filing Summary
Expeditors International of Washington executive Gabe O. Schoonover (SVP - Global Ent Svc & CSO) reported the vesting and settlement of 2024 RSUs and related dividend equivalent rights on May 7, 2026, receiving 149 shares of common stock in total.
To cover tax obligations, 37 shares of common stock were withheld at $151.2400 per share. After these transactions, Schoonover directly holds 327 shares of Expeditors common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 112 shares
Net Buy
5 txns
Insider
Schoonover Gabe O
Role
SVP - Global Ent Svc & CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - 2024 RSUs | 145 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights - 2024 RSUs | 4 | $0.00 | $0.00 |
| Exercise | Common Stock | 145 | $0.00 | $0.00 |
| Exercise | Common Stock | 4 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 37 | $151.24 | $6K |
Holdings After Transaction:
Restricted Stock Units - 2024 RSUs — 145 shares (Direct);
Dividend Equivalent Rights - 2024 RSUs — 3.751 shares (Direct);
Common Stock — 327 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
RSUs exercised: 145 shares
Dividend Equivalent Rights exercised: 4 shares
Common stock acquired from RSUs and DERs: 149 shares
+3 more
6 metrics
RSUs exercised
145 shares
Restricted Stock Units - 2024 RSUs exercised on May 7, 2026
Dividend Equivalent Rights exercised
4 shares
Dividend Equivalent Rights - 2024 RSUs exercised on May 7, 2026
Common stock acquired from RSUs and DERs
149 shares
Total underlying common shares delivered from derivative exercises
Shares withheld for taxes
37 shares
Common stock withheld in tax-withholding disposition (code F)
Tax withholding price
$151.2400 per share
Per-share price used for tax-withholding disposition of 37 shares
Post-transaction holdings
327 shares
Direct common stock holdings after reported transactions
Key Terms
Restricted Stock Units, Dividend Equivalent Rights, tax-withholding disposition
3 terms
Restricted Stock Units financial
"Security titled 'Restricted Stock Units - 2024 RSUs' was exercised"
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
"Security titled 'Dividend Equivalent Rights - 2024 RSUs' was exercised"
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 code F is described as a tax-withholding disposition of common stock"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EXPD executive Gabe O. Schoonover report on May 7, 2026?
Gabe O. Schoonover reported the vesting and settlement of 2024 RSUs and dividend equivalent rights on May 7, 2026, receiving 149 common shares. The awards represent the economic equivalent of one share each and fully vested on that date.
What are 2024 RSUs and dividend equivalent rights reported for EXPD’s Schoonover?
The 2024 RSUs and dividend equivalent rights each represent a contingent right to receive the economic equivalent of one Expeditors common share. According to the disclosure, these RSUs and DERs vested on May 7, 2026, and were then settled in common stock.
Did EXPD’s Schoonover execute any open-market trades in this Form 4 filing?
The filing reports derivative exercises (code M) of RSUs and dividend equivalent rights and a tax-withholding disposition (code F). It does not list any open‑market purchase or sale transactions, focusing solely on equity award settlement and related tax withholding.