Expedia (EXPE) CFO awarded performance and restricted stock units in Form 4 filing

Rhea-AI Filing Summary

Schenkel Scott F. reported acquisition or exercise transactions in this Form 4 filing.

Expedia Group, Inc. Chief Financial Officer Scott F. Schenkel received new equity awards in the form of performance stock units and restricted stock units linked to the company’s common stock. These are compensation grants, not open‑market share purchases or sales.

He was granted 16,694 performance stock units based on the compound annual growth rate of Expedia Group’s revenue and Adjusted EBITDA for the one-year period ending on December 31, 2025. These units are expected to vest on February 15, 2028, subject to his continued employment, and will settle in common shares upon vesting.

He also received 20,700 restricted stock units that begin vesting on May 15, 2026, with one‑twelfth vesting on that date and additional one‑twelfth portions vesting quarterly until fully vested on February 15, 2029. These awards increase his potential future equity ownership but do not involve any current cash outlay or stock sale.

Insights

Equity compensation analyst

CFO receives time- and performance-based stock awards as routine equity compensation.

Chief Financial Officer Scott F. Schenkel received 16,694 performance stock units and 20,700 restricted stock units as part of his compensation. These are non-cash awards that convert into Expedia Group common shares only if vesting and, for PSUs, performance conditions are met.

The PSU grant is tied to revenue and Adjusted EBITDA growth over a one-year period ending on December 31, 2025, with settlement in shares expected on February 15, 2028 if he remains employed. The RSUs vest in quarterly installments from May 15, 2026 through February 15, 2029, aligning his incentives with longer-term company performance.

There are no open-market purchases or sales, and the filing shows only award grants classified under code A. From an investment perspective, this looks like standard executive equity compensation rather than a directional bet on the stock.

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

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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^*

Schenkel Scott F.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial 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		16,694(1)		02/15/2028(1)	02/15/2028(1)	Common Stock	16,694	$0.0000	16,694	D
Restricted Stock Units	$0.0000	03/09/2026		A		20,700		05/15/2026(2)	02/15/2029	Common Stock	20,700	$0.0000	20,700	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
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FAQ

What did Expedia Group (EXPE) CFO Scott Schenkel report in this Form 4?

Scott Schenkel reported receiving grants of performance stock units and restricted stock units tied to Expedia Group common stock. These equity awards are part of his compensation and do not represent open-market stock purchases or sales by the CFO.

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

He received 16,694 performance stock units. The number earned is based on Expedia Group’s revenue and Adjusted EBITDA compound annual growth rate for the one-year period ending December 31, 2025, with settlement in common shares expected on February 15, 2028.

What performance metrics govern the Expedia (EXPE) CFO’s PSU award?

The performance stock units are determined by the compound annual growth rate of Expedia Group’s revenue and Adjusted EBITDA for the one-year measurement period ending December 31, 2025. The PSUs will vest and be settled in common stock if these conditions and continued employment are satisfied.

How many restricted stock units were granted to the Expedia (EXPE) CFO?

He was granted 20,700 restricted stock units. One-twelfth vests on May 15, 2026, with additional one-twelfth portions vesting quarterly on August 15, November 15, February 15, and May 15 until the award is fully vested on February 15, 2029.

Do the reported Expedia (EXPE) Form 4 transactions involve stock sales or purchases?

No, the transactions are coded as grants or awards (code A) of performance stock units and restricted stock units. They are derivative equity compensation awards and do not involve open-market buying or selling of Expedia Group common shares by the CFO.

When will the Expedia (EXPE) CFO’s new equity awards vest?

The performance stock units are expected to vest on February 15, 2028, assuming continued employment and performance conditions. The restricted stock units vest in twelve equal installments from May 15, 2026, through February 15, 2029, according to the disclosed quarterly schedule.