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Expeditors (NASDAQ: EXPD) officer reports stock sale, dividend rights

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Expeditors International of Washington, Inc. reported insider equity activity by a senior officer serving as SVP - Global Ent Svc & CSO. The earliest transaction date disclosed is 12/15/2025.

The filing shows a disposition of 11 shares of common stock and several small acquisitions of dividend equivalent rights linked to 2023, 2024 and 2025 restricted stock unit grants. The officer acquired 0.651, 1.505 and 2.163 dividend equivalent rights, respectively, each representing a contingent right to receive the economic equivalent of one common share, with a reference price of $151.57 per right. These rights accrue in respect of the underlying RSU awards and vest proportionately with those RSUs, leading to post-transaction balances of 4.776, 7.751 and 4.993 dividend equivalent rights for the three grant years.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Schoonover Gabe O

(Last) (First) (Middle)
3545 FACTORIA BLVD SE
STERLING PLAZA 2, 3RD FLOOR

(Street)
BELLEVUE WA 98006

(City) (State) (Zip)
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP - Global Ent Svc & CSO
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 11 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Dividend Equivalent Rights - 2023 RSUs (1) 12/15/2025 A 0.651 (1) (1) Common Stock 0.651 $151.57 4.776 D
Dividend Equivalent Rights - 2024 RSUs (2) 12/15/2025 A 1.505 (2) (2) Common Stock 1.505 $151.57 7.751 D
Dividend Equivalent Rights - 2025 RSUs (3) 12/15/2025 A 2.163 (3) (3) Common Stock 2.163 $151.57 4.993 D
Explanation of Responses:
1. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2023 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.
2. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2024 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.
3. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2025 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.
Diane Heffner, Stock Plan Administrator, attorney-in-fact 12/17/2025
** Signature of Reporting Person Date
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.

FAQ

What insider activity did Expeditors International (EXPD) report in this filing?

An officer of Expeditors International of Washington, Inc. reported a disposition of 11 shares of common stock and the acquisition of additional dividend equivalent rights tied to restricted stock unit grants.

When did the reported Expeditors (EXPD) insider transactions occur?

The filing lists a date of earliest transaction of 12/15/2025, which is also the transaction date shown for the dividend equivalent rights entries.

What are the dividend equivalent rights reported for EXPD?

The filing describes each dividend equivalent right as a contingent right to receive the economic equivalent of one common share of Expeditors. These rights accrued in respect of the 2023, 2024 and 2025 restricted stock unit grants and vest proportionately with the related RSUs.

How many dividend equivalent rights did the Expeditors officer acquire on 12/15/2025?

The officer acquired 0.651 dividend equivalent rights related to 2023 RSUs, 1.505 related to 2024 RSUs, and 2.163 related to 2025 RSUs, each linked to one share of common stock.

What was the reference price for the EXPD dividend equivalent rights in this report?

For each of the dividend equivalent right entries, the filing shows a price of $151.57 per derivative security.

What position does the reporting person hold at Expeditors International (EXPD)?

The reporting person is identified as an officer of Expeditors, holding the title SVP - Global Ent Svc & CSO.

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20.20B
133.07M
0.72%
99.32%
4.37%
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United States
BELLEVUE