Expeditors International of Washington Inc. (EXPD) insider reports RSU dividend rights

Rhea-AI Filing Summary

Expeditors International of Washington Inc.'s Senior VP and CFO reported routine equity-related transactions. On 12/15/2025, the officer acquired 1.474 dividend equivalent rights linked to 2024 restricted stock units and 2.393 dividend equivalent rights linked to 2025 restricted stock units. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share and accrues in respect of the related RSU grant, vesting proportionately with those RSUs. After these transactions, the officer beneficially owned 7.571 derivative rights from the 2024 grant and 5.524 from the 2025 grant, all held directly.

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

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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^*

Hackett David A

(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)
	Senior VP - CFO

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								322.072	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 - 2024 RSUs	(1)	12/15/2025		A		1.474		(1)	(1)	Common Stock	1.474	$151.57	7.571	D
Dividend Equivalent Rights - 2025 RSUs	(2)	12/15/2025		A		2.393		(2)	(2)	Common Stock	2.393	$151.57	5.524	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 2024 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 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.
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FAQ

What insider transaction did EXPD disclose in this Form 4?

The filing shows Expeditors International of Washington Inc.'s Senior VP and CFO acquired 1.474 dividend equivalent rights tied to 2024 RSUs and 2.393 rights tied to 2025 RSUs on 12/15/2025.

Who is the reporting person in the EXPD Form 4 and what is their role?

The reporting person is an officer of Expeditors International of Washington Inc., serving as Senior VP - CFO, and they filed individually as one reporting person.

What are dividend equivalent rights in the EXPD Form 4?

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of Expeditors International of Washington Inc., accruing on dividends related to the referenced RSU grants.

How many dividend equivalent rights does the EXPD officer own after the reported transactions?

Following the 12/15/2025 transactions, the officer beneficially owned 7.571 dividend equivalent rights related to the 2024 RSU grant and 5.524 rights related to the 2025 RSU grant, all directly held.

When did the EXPD RSU-related dividend equivalent rights transactions occur?

The dividend equivalent rights related to Expeditors International of Washington Inc.'s 2024 and 2025 RSU grants were acquired on 12/15/2025, as reported in the Form 4.

How do the EXPD dividend equivalent rights vest according to the Form 4?

The dividend equivalent rights accrued in respect of the 2024 and 2025 restricted stock unit grants and vest proportionately with the restricted stock units to which they relate.