Director Glenn Alger (EXPD) awarded 1,306 shares and makes 2,612-share gifts
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC director Glenn M. Alger reported routine equity compensation and gifts of company stock. He received a restricted stock award of 1,306 common shares at no cost, which vests in full on May 5, 2026, under the company’s 2017 Omnibus Incentive Plan.
On the same date, Alger reported bona fide gifts totaling 2,612 common shares, split between indirect holdings in the Alger Revocable Trust and his direct ownership. After these transactions, he holds 198,238 shares indirectly through the Alger Revocable Trust, 170,000 shares indirectly via Alger Family LLC, and 1,306 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,306 shares
Net Buy
4 txns
Insider
ALGER GLENN M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,306 | $0.00 | $0.00 |
| Gift | Common Stock | 1,306 | $0.00 | $0.00 |
| Gift | Common Stock | 1,306 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 198,238 shares (Indirect, Alger Revocable Trust);
Common Stock — 170,000 shares (Indirect, Alger Family LLC)
Footnotes (2)
- F1. Restricted Stock Award vests in full on May 5, 2026.
- F2. Restricted Stock granted at no cost pursuant to Expeditors International of Washington, Inc.'s 2017 Omnibus Incentive Plan.
Key Figures
Restricted stock award: 1,306 shares
Total gifted shares: 2,612 shares
Trust holdings after transactions: 198,238 shares
+3 more
6 metrics
Restricted stock award
1,306 shares
Common Stock granted at no cost; vests May 5, 2026
Total gifted shares
2,612 shares
Bona fide gifts of common stock on May 5, 2026
Trust holdings after transactions
198,238 shares
Indirectly held via Alger Revocable Trust
Family LLC holdings
170,000 shares
Indirectly held via Alger Family LLC
Direct holdings after transactions
1,306 shares
Common stock held directly by Glenn M. Alger
Gift transaction count
2 transactions
Both coded G as bona fide gifts of common stock
Key Terms
Restricted Stock Award, bona fide gift, 2017 Omnibus Incentive Plan, indirect ownership, +1 more
5 terms
Restricted Stock Award financial
"Restricted Stock Award vests in full on May 5, 2026."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
2017 Omnibus Incentive Plan financial
"pursuant to Expeditors International of Washington, Inc.'s 2017 Omnibus Incentive Plan."
indirect ownership financial
""ownership_type": "indirect""
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 director Glenn M. Alger report on this Form 4?
Glenn M. Alger reported a grant of 1,306 restricted shares of EXPD common stock and bona fide gifts totaling 2,612 shares. The filing reflects routine compensation and gifting activity, not open‑market buying or selling of Expeditors International shares.
Were Glenn M. Alger’s EXPD transactions open‑market buys or sells?
No open‑market buys or sells were reported. The filing shows a grant of 1,306 restricted EXPD shares as compensation and bona fide gifts totaling 2,612 shares, all at a transaction price of $0.00 per share, indicating non‑market activity.