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Expedia (EXPE) CEO Ariane Gorin awarded new PSUs and RSUs as equity pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gorin Ariane reported acquisition or exercise transactions in this Form 4 filing.

Expedia Group’s Chief Executive Officer Ariane Gorin received new equity-based compensation in the form of performance stock units and restricted stock units tied to the company’s common stock. These are compensation awards, not open-market share purchases.

Gorin was granted 39,650 performance stock units, which were determined to have been earned based on the compound annual growth rate of Expedia Group’s revenue and Adjusted EBITDA for the one-year measurement period ending on December 31, 2025. These PSUs are expected to vest on February 15, 2028, subject to her continued employment, and will be settled in Expedia Group common shares upon vesting.

She also received 49,163 restricted stock units. One-twelfth of these RSUs is scheduled to vest on May 15, 2026, with additional one-twelfth portions vesting quarterly on August 15, November 15, February 15, and May 15 until fully vested on February 15, 2029, so long as she remains employed through each vesting date.

Positive

  • None.

Negative

  • None.
Insider Gorin Ariane
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Performance Stock Units 39,650 $0.00 --
Grant/Award Restricted Stock Units 49,163 $0.00 --
Holdings After Transaction: Performance Stock Units — 39,650 shares (Direct); Restricted Stock Units — 49,163 shares (Direct)
Footnotes (1)
  1. Represents the number of performance stock units ("PSUs") determined to have been earned based on the compound annual growth rate of Expedia Group's revenue and Adjusted EBITDA for the one-year annual measurement period ending on December 31, 2025 pursuant to the terms and conditions of a PSU award that was granted on March 10, 2025, and which are expected to vest on February 15, 2028, subject to the reporting person's continued employment through the vesting date. The PSUs will be settled in shares of Expedia Group's common stock upon vesting. 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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Gorin Ariane
(Last) (First) (Middle)
C/O EXPEDIA GROUP, INC.
1111 EXPEDIA GROUP WAY W.
(Street)
SEATTLE WA 98119
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Expedia Group, Inc. [ EXPE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units $0.0000 03/09/2026 A 39,650(1) 02/15/2028(1) 02/15/2028(1) Common Stock 39,650 $0.0000 39,650 D
Restricted Stock Units $0.0000 03/09/2026 A 49,163 05/15/2026(2) 02/15/2029 Common Stock 49,163 $0.0000 49,163 D
Explanation of Responses:
1. Represents the number of performance stock units ("PSUs") determined to have been earned based on the compound annual growth rate of Expedia Group's revenue and Adjusted EBITDA for the one-year annual measurement period ending on December 31, 2025 pursuant to the terms and conditions of a PSU award that was granted on March 10, 2025, and which are expected to vest on February 15, 2028, subject to the reporting person's continued employment through the vesting date. The PSUs will be settled in shares of Expedia Group's common stock upon vesting.
2. 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.
/s/ Michael S. Marron, Attorney-in-fact 03/11/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Expedia (EXPE) CEO Ariane Gorin report in this Form 4?

Ariane Gorin reported the grant of performance stock units and restricted stock units as part of her equity compensation. These awards give her the right to receive Expedia Group common shares if specified performance and time-based vesting conditions are met over several years.

How many performance stock units did the Expedia (EXPE) CEO receive?

Ariane Gorin received 39,650 performance stock units (PSUs). These PSUs were earned based on Expedia Group’s revenue and Adjusted EBITDA compound annual growth rate for the period ending December 31, 2025, and are expected to vest on February 15, 2028 if she remains employed.

What performance metrics determine Ariane Gorin’s PSUs at Expedia (EXPE)?

The PSUs are tied to the compound annual growth rate of revenue and Adjusted EBITDA over a one-year measurement period ending December 31, 2025. The number of PSUs reported reflects units determined to have been earned under those performance conditions in the award agreement.

How many restricted stock units did the Expedia (EXPE) CEO receive and how do they vest?

Ariane Gorin received 49,163 restricted stock units (RSUs). One-twelfth vests on May 15, 2026, with additional one-twelfth portions vesting quarterly each August 15, November 15, February 15, and May 15, until the award is fully vested on February 15, 2029.

Are the Expedia (EXPE) CEO’s PSUs and RSUs open-market share purchases?

No, these PSUs and RSUs are equity compensation awards, not open-market stock purchases. They were granted at a stated price of $0.00 per unit and convert into Expedia Group common shares only if performance and time-based vesting requirements are satisfied.

When will Ariane Gorin receive Expedia (EXPE) shares from these awards?

For the PSUs, shares are expected to be delivered upon vesting on February 15, 2028, assuming continued employment. For the RSUs, shares are delivered in installments as each one-twelfth portion vests quarterly from May 15, 2026 through February 15, 2029.