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.