Director at eXp World (NASDAQ: EXPI) receives 3,788 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weakley Monica reported acquisition or exercise transactions in this Form 4 filing.
eXp World Holdings director Monica Weakley reported receiving a grant of 3,788 Restricted Stock Units (RSUs) tied to the company’s common stock. These RSUs vest 100% on the business day before the next annual stockholder meeting at which directors are elected, or on the one-year anniversary of the grant, subject to her continued Board service.
After this award, Weakley holds a total of 6,220 RSUs. The RSUs were granted at $0.00 per unit as part of equity compensation and will either vest under the stated conditions or be canceled before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weakley Monica
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,788 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,220 shares (Direct, null)
Footnotes (1)
- 3,788 RSUs are scheduled to vest 100% on the earlier of (i) the business day immediately preceding the next annual meeting of stockholders at which the Board members are elected, or (ii) the one-year anniversary of the grant, subject to Ms. Weakley's continued Board service through such date. RSUs do not expire; they either vest or are canceled prior to the vesting date.
Key Figures
RSUs granted: 3,788 units
RSUs after transaction: 6,220 units
Grant price per RSU: $0.00 per unit
+1 more
4 metrics
RSUs granted
3,788 units
Restricted Stock Units award on May 8, 2026
RSUs after transaction
6,220 units
Total RSUs held by Monica Weakley following grant
Grant price per RSU
$0.00 per unit
Equity compensation, not a cash purchase
RSU vesting trigger
Earlier of next director meeting or 1 year
Vesting contingent on continued Board service
Key Terms
Restricted Stock Units, vest, annual meeting of stockholders, canceled
4 terms
Restricted Stock Units financial
"3,788 RSUs are scheduled to vest 100% on the earlier of..."
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.
vest financial
"RSUs are scheduled to vest 100% on the earlier of..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"the business day immediately preceding the next annual meeting of stockholders..."
canceled financial
"RSUs do not expire; they either vest or are canceled prior to the vesting date."
FAQ
What insider transaction did eXp World (EXPI) director Monica Weakley report?
Director Monica Weakley reported receiving a grant of 3,788 restricted stock units. These RSUs represent stock-based compensation rather than an open-market purchase and are tied to future vesting conditions related to her continued service on the company’s Board of Directors.
How many eXp World (EXPI) RSUs does Monica Weakley hold after this Form 4?
Following the reported grant, Monica Weakley holds a total of 6,220 restricted stock units. This total includes the new 3,788-unit award plus previously granted RSUs, all of which are linked to future vesting and represent potential shares of eXp World common stock.
What are the vesting terms of Monica Weakley’s 3,788 eXp World (EXPI) RSUs?
The 3,788 RSUs vest 100% on the earlier of the business day immediately preceding the next annual stockholder meeting for director elections or the one-year anniversary of the grant, provided Monica Weakley continues serving on eXp World’s Board through that vesting date.
Do Monica Weakley’s eXp World (EXPI) RSUs have an expiration date?
The filing states that RSUs do not expire; they either vest or are canceled prior to the vesting date. This means the 3,788-unit grant remains outstanding until it satisfies the vesting conditions or is forfeited under the company’s equity compensation plan.
Was there any cash consideration for Monica Weakley’s new eXp World (EXPI) RSUs?
No cash changed hands for this award; the 3,788 restricted stock units were granted at a reported price of $0.00 per unit. This reflects stock-based compensation, where value comes from potential future conversion into eXp World common shares upon vesting.