Expeditors exec exercises RSUs, pays tax in shares
EXPEDITORS INTERNATIONAL OF WASHINGTON INC executive Kelly K. Blacker reported compensation-related share activity.
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Form Type
4
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC executive Kelly K. Blacker reported compensation-related share activity. On May 6, 2026, restricted stock units and related dividend equivalent rights vested, and were settled in 3,134 common shares at an exercise price of $0.00 per share.
To cover tax obligations, 1,160 common shares were withheld at a reference price of $153.08 per share, a non-market disposition. After these transactions, Blacker directly held 17,520.9915 common shares, plus 6,196 restricted stock units and 73.701 dividend equivalent rights that each represent the economic equivalent of one common share.
Insider Trade Summary
3,134 shares exercised/converted
Exercise
5 txns
Insider
Blacker Kelly K
Role
President, Global Geographies
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - 2025 RSUs | 3,098 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights - 2025 RSUs | 36 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,098 | $0.00 | $0.00 |
| Exercise | Common Stock | 36 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,160 | $153.08 | $178K |
Holdings After Transaction:
Restricted Stock Units - 2025 RSUs — 6,196 contracts (Direct);
Dividend Equivalent Rights - 2025 RSUs — 73.701 contracts (Direct);
Common Stock — 16,360.9915 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 6, 2026.
Key Figures
Shares withheld for taxes: 1,160 shares at $153.08
Shares from RSU and DER vesting: 3,134 common shares
Common shares held after transactions: 17,520.9915 shares
+2 more
5 metrics
Shares withheld for taxes
1,160 shares at $153.08
Tax-withholding disposition on May 6, 2026
Shares from RSU and DER vesting
3,134 common shares
Shares issued upon 2025 RSUs and DERs vesting
Common shares held after transactions
17,520.9915 shares
Direct ownership following May 6, 2026 activity
Restricted Stock Units remaining
6,196 RSUs
2025 RSUs balance after conversion
Dividend equivalent rights remaining
73.701 rights
Balance after 36 rights converted into common shares
Key Terms
Restricted Stock Units, Dividend Equivalent Rights, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units - 2025 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 - 2025 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EXPD executive Kelly K. Blacker report on May 6, 2026?
Kelly K. Blacker reported vesting of equity awards on May 6, 2026. Restricted stock units and related dividend equivalent rights converted into 3,134 common shares, reflecting compensation rather than open-market trading, and were partly used to satisfy tax obligations through share withholding.
What equity awards vested for EXPD executive Kelly Blacker according to the Form 4?
Dividend equivalent rights and restricted stock units labeled as 2025 RSUs vested for Kelly K. Blacker. The footnote states each RSU and dividend equivalent right represents the economic equivalent of one common share, and they vested together on May 6, 2026 as part of compensation.
What RSU and dividend equivalent balances remain for EXPD’s Kelly Blacker after the filing?
Following the transactions, Kelly K. Blacker holds 6,196 restricted stock units and 73.701 dividend equivalent rights. Each unit and right represents the economic equivalent of one EXPEDITORS INTERNATIONAL OF WASHINGTON INC common share, providing additional equity-linked compensation exposure beyond current share ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
