Expedia CFO RSU Vesting: 2,359 Shares Converted, 589 Withheld for Taxes
Rhea-AI Filing Summary
Expedia Group insider filing shows restricted stock units vested and tax-withheld shares sold. Chief Financial Officer Scott F. Schenkel had 2,359 RSUs vest on 08/15/2025, which converted into 2,359 shares, increasing his beneficial ownership to 23,594 common shares. The filing also reports 589 shares were disposed of to cover taxes at an average price of $207.20 per share. The reporting was filed by one reporting person and executed by an attorney-in-fact on 08/19/2025.
Positive
- Vesting event completed: 2,359 RSUs converted to common stock on 08/15/2025.
- Executive retains equity: Beneficial ownership increased to 23,594 common shares after the transaction.
Negative
- None.
Insights
TL;DR: Routine executive vesting and tax-withholding with limited market impact; ownership increased modestly to 23,594 shares.
The Form 4 documents a scheduled vesting event: 2,359 RSUs vested and converted into common stock on 08/15/2025, and 589 shares were withheld/disposed to satisfy tax obligations at $207.20 per share. This is a standard compensation-related transaction rather than an open-market sale for liquidity. The net increase in holdings signals retention of equity by the CFO, while the tax-withholding reduces the incremental share count reported.
TL;DR: Disclosure aligns with executive compensation rules; timing and withholding match company RSU schedule.
The filing clarifies vesting mechanics: first vesting tranche occurred 05/15/2025 with subsequent quarterly vesting through 02/15/2028, and the 08/15/2025 tranche produced 2,359 vested RSUs. The reported disposal of 589 shares for tax withholding is explicitly tied to the vesting event. Filing was executed by an attorney-in-fact, which is typical for administrative filings and does not indicate governance concerns.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,359 | $0.00 | -- |
| Exercise | Common Stock | 2,359 | $0.00 | -- |
| Tax Withholding | Common Stock | 589 | $207.20 | $122K |
Footnotes (1)
- Represents shares of Expedia Group, Inc. Common Stock withheld for payment of taxes due in connection with the vesting of restricted stock units. Date at which first vesting occurs is indicated. One-twelfth (1/12th) of the total RSUs vests on May 15, 2025, with an additional one-twelfth (1/12th) vesting quarterly thereafter on each August 15, November 15, February 15, and May 15, until fully vested on February 15, 2028.