Expeditors International (NYSE: EXPD) president exercises RSUs, 762 shares withheld
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC executive Roberto A. Martinez, President, Global Products, exercised 1,884 Restricted Stock Units and 22 Dividend Equivalent Rights into common stock on May 6, 2026, when these awards vested. To cover tax obligations, 762 common shares were withheld at $153.08 per share. After these transactions, he directly owns 3,506.6826 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,144 shares
Net Buy
5 txns
Insider
Martinez Roberto A
Role
President, Global Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - 2025 RSUs | 1,884 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights - 2025 RSUs | 22 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,884 | $0.00 | $0.00 |
| Exercise | Common Stock | 22 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 762 | $153.08 | $117K |
Holdings After Transaction:
Restricted Stock Units - 2025 RSUs — 3,768 shares (Direct);
Dividend Equivalent Rights - 2025 RSUs — 44.713 shares (Direct);
Common Stock — 3,506.6826 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
RSUs exercised: 1,884 shares
Dividend Equivalent Rights exercised: 22 shares
Shares withheld for taxes: 762 shares
+3 more
6 metrics
RSUs exercised
1,884 shares
Restricted Stock Units converted to common stock on May 6, 2026
Dividend Equivalent Rights exercised
22 shares
Dividend Equivalent Rights converted to common stock on May 6, 2026
Shares withheld for taxes
762 shares
Common shares withheld in a tax-withholding disposition at vesting
Tax withholding price
$153.0800 per share
Per-share price used for tax-withholding disposition of 762 shares
Post-transaction holdings
3,506.6826 shares
Common stock held directly after the reported transactions
Total derivative shares exercised
1,906 shares
Combined RSUs and Dividend Equivalent Rights exercised (1,884 + 22)
Key Terms
Restricted Stock Units, Dividend Equivalent Rights, tax-withholding disposition
3 terms
Restricted Stock Units financial
"Each RSU and DER represent a contingent right to receive the economic equivalent of one common"
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
"Each RSU and DER represent a contingent right to receive the economic equivalent of one common"
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
"Payment of exercise price or tax liability by delivering securities"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EXPD executive Roberto A. Martinez report?
Roberto A. Martinez reported exercising 1,884 Restricted Stock Units and 22 Dividend Equivalent Rights into common stock on May 6, 2026. These equity awards vested that day, and a portion of the resulting shares was used to satisfy associated tax obligations.
How many EXPD RSUs and dividend equivalents did Martinez convert to common stock?
Martinez converted 1,884 Restricted Stock Units and 22 Dividend Equivalent Rights into the same number of EXPD common shares. Each RSU and DER represents the economic equivalent of one common share, and they vested together on May 6, 2026.
When did the EXPD RSUs and Dividend Equivalent Rights vest for Martinez?
The Restricted Stock Units and Dividend Equivalent Rights reported by Martinez vested on May 6, 2026. Upon vesting, each RSU and DER provided the economic equivalent of one EXPD common share, which was then settled into common stock and partly used for tax withholding.