Barry Diller (EXPE) exercises RSUs and withholds Expedia shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Expedia Group, Inc. Chairman & Sr. Executive Barry Diller exercised restricted stock units into common stock and had shares withheld for taxes. He converted a total of 8,185 restricted stock units into common shares and 4,529 common shares were disposed of to cover tax obligations tied to vesting. Following these compensation-related transactions, he directly holds 158,396 shares of common stock, with no open-market purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,185 shares exercised/converted
Mixed
9 txns
Insider
Diller Barry
Role
Chairman & Sr. Executive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,941 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,473 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,601 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,170 | $0.00 | -- |
| Exercise | Common Stock | 3,941 | $0.00 | -- |
| Exercise | Common Stock | 1,601 | $0.00 | -- |
| Exercise | Common Stock | 1,473 | $0.00 | -- |
| Exercise | Common Stock | 1,170 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,529 | $217.17 | $984K |
Holdings After Transaction:
Restricted Stock Units — 11,821 shares (Direct, null);
Common Stock — 158,681 shares (Direct, null)
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-sixteenth of the total number of restricted stock units vests on May 15, 2023 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested. Date at which first vesting occurs is indicated. One-sixteenth of the total number of restricted stock units vests on May 15, 2024 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested. 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. Date at which first vesting occurs is indicated. One-twelfth (1/12th) of the total RSUs vests on May 15, 2026, 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, 2029.
Key Figures
RSUs exercised: 8,185 shares
Tax withholding shares: 4,529 shares
Shares held after transactions: 158,396 shares
+3 more
6 metrics
RSUs exercised
8,185 shares
Restricted stock units converted to common stock via derivative exercises
Tax withholding shares
4,529 shares
Common shares withheld to pay taxes on RSU vesting
Shares held after transactions
158,396 shares
Direct Expedia Group common stock ownership after reported events
Tax withholding price
$217.17 per share
Value used for shares withheld to cover tax liability
Single tax-withholding event
1 transaction
Code F disposition for payment of tax liability
Derivative exercises
4 transactions
Code M exercises converting RSUs into common stock
Key Terms
Restricted Stock Units, withheld for payment of taxes, vesting, one-sixteenth of the total number of restricted stock units vests, +1 more
5 terms
Restricted Stock Units financial
"Represents shares of Expedia Group, Inc. Common Stock withheld for payment of taxes due in connection with the vesting of restricted stock units."
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.
withheld for payment of taxes financial
"Represents shares of Expedia Group, Inc. Common Stock withheld for payment of taxes due in connection with the vesting of restricted stock units."
vesting financial
"Date at which first vesting occurs is indicated."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
one-sixteenth of the total number of restricted stock units vests financial
"One-sixteenth of the total number of restricted stock units vests on May 15, 2023 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested."
one-twelfth (1/12th) of the total RSUs vests financial
"One-twelfth (1/12th) of the total RSUs vests on May 15, 2025, with an additional one-twelfth (1/12th) vesting quarterly thereafter..."
FAQ
What insider transactions did Barry Diller report for EXPE on this Form 4?
Barry Diller reported exercises of restricted stock units into common stock and a related tax-withholding share disposition. These transactions reflect equity compensation vesting, not open-market buying or selling of Expedia Group, Inc. shares.
What are Barry Diller’s Expedia (EXPE) holdings after these transactions?
After these transactions, Barry Diller directly holds 158,396 shares of Expedia Group common stock. This figure reflects his position following the RSU conversions into common shares and the related tax-withholding share disposition on the reported date.
Were there any open-market purchases or sales of Expedia (EXPE) stock in this Form 4?
No open-market purchases or sales were reported. The filing shows RSU exercises converting into common stock and shares withheld to cover tax obligations, which are compensation and tax events rather than discretionary market trades.
What do the restricted stock units in this Expedia (EXPE) filing represent?
The restricted stock units represent equity awards that vest over time according to specified schedules. As they vest, they convert into Expedia Group common shares, as reflected by the derivative exercise transactions reported in this Form 4 filing.