Expeditors (EXPD) SVP gains 987 shares from RSU vesting May 6
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC Senior VP, General Counsel and Corporate Secretary Jeffrey F. Dickerman reported compensation-related share movements. On May 6, 2026, restricted stock units and related dividend equivalent rights vested, delivering 987 common shares in total.
To cover tax obligations, 389 common shares were disposed of at $153.08 per share through a tax-withholding mechanism, not an open-market sale. After these transactions, Dickerman directly held about 9,898.6674 common shares. No derivative holdings related to these RSUs and dividend equivalent rights remained after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 598 shares
Net Buy
5 txns
Insider
Dickerman Jeffrey F
Role
Senior VP/Gen Counsel/Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - 2025 RSUs | 976 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights - 2025 RSUs | 11 | $0.00 | -- |
| Exercise | Common Stock | 976 | $0.00 | -- |
| Exercise | Common Stock | 11 | $0.00 | -- |
| Tax Withholding | Common Stock | 389 | $153.08 | $60K |
Holdings After Transaction:
Restricted Stock Units - 2025 RSUs — 1,952 shares (Direct);
Dividend Equivalent Rights - 2025 RSUs — 23.56 shares (Direct);
Common Stock — 9,898.6674 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 389 shares
Withholding price per share: $153.08 per share
Shares received from RSU and DER vesting: 987 shares
+2 more
5 metrics
Shares withheld for taxes
389 shares
Tax-withholding disposition on May 6, 2026
Withholding price per share
$153.08 per share
Value used for 389-share tax withholding
Shares received from RSU and DER vesting
987 shares
Common stock delivered on May 6, 2026
Post-transaction common share holdings
9,898.6674 shares
Direct ownership after Form 4 transactions
RSUs converted
976 units
Restricted Stock Units - 2025 RSUs exercised
Key Terms
Restricted Stock Units, Dividend Equivalent Rights, tax-withholding disposition, derivative exercise/conversion, +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 exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
contingent right financial
"Each RSU and DER represent a contingent right to receive"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EXPD executive Jeffrey Dickerman report?
Jeffrey Dickerman reported RSU-related share movements, not open-market trades. On May 6, 2026, 987 common shares were delivered from vested restricted stock units and dividend equivalent rights, with a portion withheld in shares to satisfy tax obligations.
What are dividend equivalent rights in the EXPD Form 4 filing?
Dividend equivalent rights are derivatives that mirror common stock dividends. In this case, each right represented the economic equivalent of one EXPEDITORS common share and converted into 11 common shares when they vested alongside the related 2025 restricted stock units.
Were Jeffrey Dickerman’s EXPD transactions open-market buys or sells?
No, they were not open-market trades. The Form 4 shows derivative exercises from restricted stock units and dividend equivalent rights, plus a tax-withholding disposition, where 389 shares were withheld by the issuer to cover tax liabilities tied to the vesting event.