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Expedia (EXPE) director converts 718 RSUs into common stock holding

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

Rhea-AI Filing Summary

Expedia Group, Inc. director Madhumita Moina Banerjee exercised 718 restricted stock units into 718 shares of common stock on 2026-02-16, at no cash cost per share. Following this derivative conversion, she directly owns 3,634 shares of Expedia common stock. The RSUs vest in three equal annual installments, with one-third vesting on the first vesting date and additional one-thirds on each anniversary until fully vested.

Positive

  • None.

Negative

  • None.
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*
Banerjee Madhumita Moina

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026
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
Common Stock 02/16/2026 M 718 A $0.0000 3,634 D
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
Restricted Stock Units $0.0000 02/16/2026 M 718 02/16/2024(1) 02/16/2026 Common Stock 718 $0.0000 0.0000 D
Explanation of Responses:
1. Date at which first vesting occurs is indicated. One-third of the total number of restricted stock units ("RSUs") vests on the first vesting date and an additional one-third on each anniversary thereafter until the RSUs are fully vested.
/s/ Michael S. Marron, Attorney-in-fact 02/18/2026
** 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.

FAQ

What insider transaction did Expedia (EXPE) report for Madhumita Moina Banerjee?

Expedia reported that director Madhumita Moina Banerjee exercised 718 restricted stock units into 718 shares of common stock. The transaction occurred on 2026-02-16 as a derivative exercise or conversion, with no cash price per share reported for the conversion.

How many Expedia (EXPE) shares does Madhumita Moina Banerjee own after this Form 4?

After the reported derivative conversion, Madhumita Moina Banerjee directly owns 3,634 shares of Expedia common stock. This reflects the addition of 718 shares received upon exercising restricted stock units on 2026-02-16, as disclosed in the Form 4 filing.

What type of securities were involved in Madhumita Moina Banerjee’s Expedia (EXPE) Form 4 filing?

The filing shows a derivative security, restricted stock units, being exercised into non-derivative Expedia common stock. Specifically, 718 restricted stock units were converted into 718 common shares through an exercise or conversion transaction coded “M” on 2026-02-16.

Does the Expedia (EXPE) Form 4 show an open-market buy or sell by Madhumita Moina Banerjee?

No, the Form 4 does not show an open-market buy or sell. It reports an exercise or conversion of restricted stock units into common stock, coded “M”, which is a derivative conversion rather than a purchase or sale on the open market.

How do Madhumita Moina Banerjee’s Expedia (EXPE) restricted stock units vest?

The restricted stock units vest over three years. One-third of the total RSUs vests on the first vesting date, and an additional one-third vests on each anniversary thereafter until all RSUs have fully vested, according to the footnote disclosure.

What is the significance of transaction code “M” in the Expedia (EXPE) Form 4?

Transaction code “M” indicates an exercise or conversion of a derivative security. In this case, it reflects the conversion of 718 restricted stock units into 718 Expedia common shares on 2026-02-16, rather than an ordinary market purchase or sale transaction.
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