EXPEDITORS (EXPD) SVP Schoonover exercises RSUs and withholds shares for tax
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC SVP Gabe O. Schoonover reported routine equity compensation activity. On May 1, 2026, he exercised restricted stock units and related dividend equivalent rights covering 129.0000 shares of common stock, and 32.0000 shares were disposed of at $147.8900 per share to satisfy tax obligations.
Following these transactions, Schoonover holds 140.0000 common shares directly and 124.2240 restricted stock units, each representing the economic equivalent of one common share, as described in the footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 97 shares
Net Buy
6 txns
Insider
Schoonover Gabe O
Role
SVP - Global Ent Svc & CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units ("RSUs") | 0.224 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units ("RSUs") | 124.224 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights - 2023 RSUs | 4.776 | $0.00 | $0.00 |
| Exercise | Common Stock | 124.224 | $0.00 | $0.00 |
| Exercise | Common Stock | 4.776 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 32 | $147.89 | $5K |
Holdings After Transaction:
Restricted Stock Units ("RSUs") — 0 shares (Direct);
Dividend Equivalent Rights - 2023 RSUs — 0 shares (Direct);
Common Stock — 108 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 1, 2026.
Key Figures
Tax-withheld shares: 32.0000 shares
Tax disposition price: $147.8900 per share
Shares from RSU and DER exercises: 129.0000 shares
+3 more
6 metrics
Tax-withheld shares
32.0000 shares
Disposed at $147.8900 per share to cover tax obligations on May 1, 2026
Tax disposition price
$147.8900 per share
Price for 32.0000 EXPD shares used for tax-withholding disposition
Shares from RSU and DER exercises
129.0000 shares
Total common shares acquired via derivative exercises on May 1, 2026
Common shares held after transactions
140.0000 shares
Direct EXPD common stock ownership following Form 4 transactions
RSUs outstanding after transactions
124.2240 RSUs
Restricted Stock Units remaining after vesting and awards tied to 2023 RSUs
Dividend Equivalent Rights exercised
4.7760 units
DERs on 2023 RSUs converted into an equivalent number of common shares
Key Terms
Restricted Stock Units ("RSUs"), Dividend Equivalent Rights, tax-withholding disposition, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Restricted Stock Units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Dividend Equivalent Rights financial
"Dividend Equivalent Rights - 2023 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""
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 insider transactions did EXPD executive Gabe Schoonover report on May 1, 2026?
Gabe O. Schoonover reported exercising equity awards into 129.0000 shares of EXPD common stock and a related tax-withholding disposition of 32.0000 shares. These movements stem from vested restricted stock units and dividend equivalent rights rather than open-market buying or selling.
Did Gabe Schoonover buy or sell EXPD stock on the open market?
The filing does not show any open-market purchases or sales. It reports derivative exercises of restricted stock units and dividend equivalent rights, plus a tax-withholding disposition of 32.0000 shares at $147.8900 per share to cover obligations tied to those awards.
What EXPD equity awards were involved in Gabe Schoonover’s Form 4 filing?
The filing involves Restricted Stock Units ("RSUs") and Dividend Equivalent Rights related to 2023 RSUs. Each RSU and DER represents the economic equivalent of one common share, and the filing states that these awards vested on May 1, 2026 before being converted into common stock.
How many EXPD restricted stock units does Gabe Schoonover still hold?
Following the transactions, Schoonover holds 124.2240 restricted stock units. Each RSU represents a contingent right to receive the economic equivalent of one EXPD common share, as described in the footnote included with the Form 4 insider filing.