STOCK TITAN

Blake Bell (NASDAQ: EXPD) receives 4,572 RSUs equity award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bell Blake R reported acquisition or exercise transactions in this Form 4 filing.

Expeditors International of Washington reported that President of Global Business Development Blake R. Bell received a grant of 4,572 Restricted Stock Units (RSUs) on May 5, 2026. Each RSU represents a contingent right to receive the economic equivalent of one common share.

The RSU award is scheduled to be released in three installments, with 33% vesting on the first anniversary of the grant date, 33% on the second anniversary and 34% on the third anniversary. After these transactions, Bell directly holds 59,172.4324 shares of the company’s common stock.

Positive

  • None.

Negative

  • None.
Insider Bell Blake R
Role President Global Business Dev
Type Security Shares Price Value
Grant/Award Restricted Stock Units - 2026 RSUs 4,572 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units - 2026 RSUs — 4,572 shares (Direct); Common Stock — 59,172.4324 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 4,572 units Restricted Stock Units granted on May 5, 2026
Underlying common shares per RSU 1 share equivalent Each RSU equals the economic equivalent of one common share
Post-transaction common stock holding 59,172.4324 shares Direct common stock owned after reported transactions
Vesting schedule 33% / 33% / 34% RSUs released over first, second and third anniversaries of grant
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.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive"
economic equivalent financial
"contingent right to receive the economic equivalent of one common share"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"

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FAQ

What insider transaction did EXPD executive Blake R. Bell report?

Blake R. Bell reported receiving a grant of 4,572 Restricted Stock Units (RSUs). These RSUs are a form of equity compensation that can convert into the economic equivalent of common shares, aligning his interests more closely with Expeditors International of Washington shareholders.

How do Blake R. Bell’s new RSUs for EXPD vest over time?

The 4,572 RSUs granted to Blake R. Bell vest in three annual installments. According to the disclosure, 33% vest on the first anniversary, 33% on the second anniversary and the remaining 34% on the third anniversary of the grant date.

What does each EXPD Restricted Stock Unit granted to Blake R. Bell represent?

Each Restricted Stock Unit granted to Blake R. Bell represents a contingent right to receive the economic equivalent of one common share of Expeditors International. This means the RSUs can deliver value comparable to owning a single share once they are released.

How many EXPD common shares does Blake R. Bell hold after this Form 4?

After the reported transactions, Blake R. Bell directly holds 59,172.4324 shares of Expeditors International common stock. This figure reflects his direct ownership position as of the transaction date reported in the Form 4 insider filing.

Is Blake R. Bell’s RSU grant for EXPD an open-market stock purchase?

No, the 4,572 RSUs granted to Blake R. Bell are described as a grant, award, or other acquisition, not an open-market purchase. They are compensation-related equity units rather than shares 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*
Bell Blake 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 Global Business Dev
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 Stock59,172.4324D
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)05/05/2026A4,572 (2) (2)Common Stock4,572$04,572D
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)