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Expeditors (NASDAQ: EXPD) awards 5,553 RSUs to executive Martinez

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Martinez Roberto A reported acquisition or exercise transactions in this Form 4 filing.

EXPEDITORS INTERNATIONAL OF WASHINGTON INC executive Roberto A. Martinez reported a new equity compensation award and his current shareholdings. He received a grant of 5,553 Restricted Stock Units, each representing the economic equivalent of one common share of the company.

The RSU award is scheduled to be released in three installments, with 33% vesting on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary. Following the reported transactions, Martinez directly holds 2,362.6826 shares of common stock, along with the 5,553 RSUs tied to common stock.

Positive

  • None.

Negative

  • None.
Insider Martinez Roberto A
Role President, Global Products
Type Security Shares Price Value
Grant/Award Restricted Stock Units - 2026 RSUs 5,553 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units - 2026 RSUs — 5,553 shares (Direct); Common Stock — 2,362.6826 shares (Direct)
Footnotes (2)
  1. F1. Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one common share of the Issuer.
  2. F2. Restricted Stock Unit Award that is released in three installments: 33% on the first anniversary of the date of the grant, 33% on the second anniversary and 34% on the third anniversary.
RSU grant size 5,553 RSUs Restricted Stock Units - 2026 RSUs granted to Roberto A. Martinez
Underlying common shares for RSUs 5,553 shares Underlying common stock tied to the 2026 RSU grant
Common shares held after transaction 2,362.6826 shares Total common stock directly owned following reported transactions
RSU vesting first tranche 33% Released on the first anniversary of the grant date
RSU vesting second tranche 33% Released on the second anniversary of the grant date
RSU vesting final tranche 34% Released on the third anniversary of the grant date
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one common share"
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.
contingent right financial
"represents a contingent right to receive the economic equivalent of one common share"
economic equivalent financial
"to receive the economic equivalent of one common share of the Issuer"
installments financial
"Restricted Stock Unit Award that is released in three installments: 33% on the first anniversary"
Installments are a series of scheduled partial payments that together cover a larger amount owed or due, like paying for a purchase or loan in weekly or monthly pieces rather than all at once. For investors, installments matter because they change when cash moves between parties, affect a company’s or counterparty’s short-term cash flow and risk of missed payments, and can influence valuation or perceived financial stability much like spreading the cost of a car over monthly payments.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"

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FAQ

What insider transaction did EXPD executive Roberto A. Martinez report?

Roberto A. Martinez reported receiving a grant of 5,553 Restricted Stock Units as equity compensation. Each RSU represents the economic equivalent of one common share of Expeditors International of Washington Inc, adding to his long-term alignment with common shareholders.

How many EXPD Restricted Stock Units did Roberto A. Martinez receive?

He received 5,553 Restricted Stock Units. These RSUs are a form of stock-based compensation, giving him a contingent right to receive the economic value of 5,553 shares of Expeditors common stock if the vesting conditions are satisfied over time.

How do the 2026 RSUs for EXPD vest for Roberto A. Martinez?

The 2026 RSUs vest in three installments: 33% on the first anniversary of the grant date, another 33% on the second anniversary, and the remaining 34% on the third anniversary. This staggered schedule encourages multi‑year retention and ongoing service.

What are Roberto A. Martinez’s EXPD common stock holdings after this Form 4?

After the reported transactions, Martinez directly holds 2,362.6826 shares of Expeditors common stock. This position reflects his current direct ownership, separate from the 5,553 Restricted Stock Units that are contingent and subject to future vesting.

Do the EXPD RSUs give immediate common stock to Roberto A. Martinez?

No, the RSUs represent a contingent right to receive the economic equivalent of one common share each. They are released in three annual installments, so Martinez realizes the economic benefit only as the 33%, 33%, and 34% tranches vest over time.
SEC Form 4
FORM 4UNITED 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*
Martinez Roberto A

(Last)(First)(Middle)
3545 FACTORIA BLVD SE
STERLING PLAZA 2, 3RD FLOOR

(Street)
BELLEVUE WASHINGTON 98006

(City)(State)(Zip)

UNITED STATES

(Country)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Global Products
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock2,362.6826D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units - 2026 RSUs(1)05/05/2026A5,553 (2) (2)Common Stock5,553$05,553D
Explanation of Responses:
1. Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one common share of the Issuer.
2. Restricted Stock Unit Award that is released in three installments: 33% on the first anniversary of the date of the grant, 33% on the second anniversary and 34% on the third anniversary.
Diane Heffner, Stock Plan Administrator, attorney-in-fact05/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)