Expeditors International of Washington (EXPD) officer awarded dividend rights

Rhea-AI Filing Summary

An officer of Expeditors International of Washington Inc, serving as President, Global Geographies, reported equity-related transactions dated 12/15/2025. Following these transactions, the officer beneficially owns 11,217.9915 shares of common stock directly.

The report shows acquisitions of dividend equivalent rights tied to restricted stock unit grants: 4.009 rights for the 2023 RSUs, 29.643 rights for the 2024 RSUs, and 47.531 rights for the 2025 RSUs, each associated with underlying common stock at a price of $151.57 per share. After these awards, the officer holds 28.113, 138.639, and 109.701 dividend equivalent rights related to the 2023, 2024, and 2025 RSU grants, respectively. The common stock balance includes 197.6597 shares purchased on 07/31/2025 under the company’s 2002 Employee Stock Purchase Plan.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Blacker Kelly K

Role President, Global Geographies

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights - 2023 RSUs	4.009	$151.57	$607.64
Grant/Award	Dividend Equivalent Rights - 2024 RSUs	29.643	$151.57	$4K
Grant/Award	Dividend Equivalent Rights - 2025 RSUs	47.531	$151.57	$7K
holding	Common Stock	--	--	--

Holdings After Transaction: Dividend Equivalent Rights - 2023 RSUs — 28.113 shares (Direct); Dividend Equivalent Rights - 2024 RSUs — 138.639 shares (Direct); Dividend Equivalent Rights - 2025 RSUs — 109.701 shares (Direct); Common Stock — 11,217.9915 shares (Direct)

Footnotes (4)

1. F1. Balance of Common Stock beneficially owned includes 197.6597 shares purchased on July 31, 2025 under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan.
2. F2. 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.
3. F3. 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.
4. F4. 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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 12/17/2025 - 05:02 PM Learn about SEC filing dates

FAQ

What insider transaction did Expeditors International of Washington Inc (EXPD) report?

The company reported that an officer acquired dividend equivalent rights on 12/15/2025 tied to 2023, 2024, and 2025 restricted stock unit (RSU) grants, along with an updated total of common shares beneficially owned.

Who is the reporting person in this Expeditors (EXPD) Form 4 and what is their role?

The reporting person is an officer of Expeditors International of Washington Inc, serving as President, Global Geographies, and files individually as one reporting person.

How many Expeditors (EXPD) common shares does the officer own after the reported transactions?

After the reported transactions, the officer beneficially owns 11,217.9915 shares of common stock directly. This balance includes 197.6597 shares purchased on 07/31/2025 under the company’s 2002 Employee Stock Purchase Plan.

What dividend equivalent rights related to RSUs were acquired on 12/15/2025?

On 12/15/2025, the officer acquired 4.009 dividend equivalent rights tied to the 2023 RSUs, 29.643 rights tied to the 2024 RSUs, and 47.531 rights tied to the 2025 RSUs, each referencing underlying common stock at $151.57 per share.

How many dividend equivalent rights from each RSU grant does the Expeditors officer now beneficially own?

Following the awards, the officer beneficially owns 28.113 dividend equivalent rights associated with the 2023 RSUs, 138.639 rights associated with the 2024 RSUs, and 109.701 rights associated with the 2025 RSUs.

What do the dividend equivalent rights represent in this Expeditors (EXPD) filing?

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of Expeditors International of Washington Inc. These rights accrue on the 2023, 2024, and 2025 RSU grants and vest proportionately with the related restricted stock units.

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^*

Blacker Kelly K

(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)
	President, Global Geographies

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								11,217.9915(1)	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	(2)	12/15/2025		A		4.009		(2)	(2)	Common Stock	4.009	$151.57	28.113	D
Dividend Equivalent Rights - 2024 RSUs	(3)	12/15/2025		A		29.643		(3)	(3)	Common Stock	29.643	$151.57	138.639	D
Dividend Equivalent Rights - 2025 RSUs	(4)	12/15/2025		A		47.531		(4)	(4)	Common Stock	47.531	$151.57	109.701	D

Explanation of Responses:

1. Balance of Common Stock beneficially owned includes 197.6597 shares purchased on July 31, 2025 under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan.

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 2023 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 2024 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.

4. 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.