EXPEDITORS (NASDAQ: EXPD) CFO receives 4,899 RSUs in equity grant
Rhea-AI Filing Summary
Hackett David A reported acquisition or exercise transactions in this Form 4 filing.
EXPEDITORS INTERNATIONAL OF WASHINGTON INC Senior VP and CFO David A. Hackett reported a compensation-related equity grant. He received 4,899 Restricted Stock Units, each representing the economic equivalent of one common share of the company. These RSUs are scheduled to be released in three installments: 33% on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary. Following the filing date, he also reports direct ownership of 322.072 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hackett David A
Role
Senior VP - CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 RSUs | 4,899 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units - 2026 RSUs — 4,899 shares (Direct);
Common Stock — 322.072 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one common share of the Issuer.
- 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.
Key Figures
RSUs granted: 4,899 units
Common shares held: 322.072 shares
RSU-to-share ratio: 1 RSU : 1 share equivalent
+3 more
6 metrics
RSUs granted
4,899 units
Restricted Stock Units - 2026 RSUs granted to CFO on 2026-05-05
Common shares held
322.072 shares
Direct EXPEDITORS common stock holdings after reported transactions
RSU-to-share ratio
1 RSU : 1 share equivalent
Each RSU represents the economic equivalent of one common share
RSU vesting year 1
33%
First installment on the first anniversary of grant date
RSU vesting year 2
33%
Second installment on the second anniversary of grant date
RSU vesting year 3
34%
Final installment on the third anniversary of grant date
Key Terms
Restricted Stock Units, contingent right, economic equivalent, derivative, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units - 2026 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.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive the economic equivalent"
economic equivalent financial
"receive the economic equivalent of one common share of the Issuer"
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did EXPD CFO David A. Hackett report in this Form 4 filing?
He reported a grant of 4,899 Restricted Stock Units. These compensation-related RSUs each represent the economic equivalent of one EXPEDITORS INTERNATIONAL OF WASHINGTON INC common share, increasing his equity-based incentives without reflecting an open-market stock purchase.
How many Restricted Stock Units did EXPD grant to its CFO?
David A. Hackett received 4,899 Restricted Stock Units. Each RSU corresponds to the economic value of one EXPEDITORS INTERNATIONAL OF WASHINGTON INC common share, providing equity-linked compensation that aligns part of his pay with the company’s stock performance over time.
What is the vesting schedule for the 2026 RSUs granted to EXPD’s CFO?
The RSU award vests in three installments over three years. Thirty-three percent vests on the first anniversary of the grant date, another 33% on the second anniversary, and the remaining 34% vests on the third anniversary, spreading delivery of share equivalents over time.
Does this EXPD Form 4 show any open-market stock purchases or sales?
The filing does not show open-market purchases or sales. It primarily reports a grant of 4,899 Restricted Stock Units as compensation and a line reflecting 322.072 common shares held directly after the reported transactions on the Form 4 date.
What does each Restricted Stock Unit represent for EXPD’s CFO award?
Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one common share. This means the CFO’s 4,899-unit award is tied to EXPEDITORS INTERNATIONAL OF WASHINGTON INC’s share value rather than being an immediate grant of freely tradable stock.