EXPI (EXPI) CEO Glenn Sanford logs small Agent Equity Program grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
eXp World Holdings, Inc. CEO and Chairman Glenn Darrel Sanford reported an indirect acquisition of 1 share of common stock at $5.69 per share. The filing classifies this as a grant or award acquisition rather than a market purchase.
After this transaction, indirect holdings attributed to the same household total 236,054 shares of common stock. The shares were acquired under eXp World Holdings, Inc.'s Agent Equity Program, indicating they are part of an equity-based compensation arrangement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sanford Glenn Darrel
Role
CEO and Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1 | $5.69 | $5.69 |
Holdings After Transaction:
Common Stock — 236,054 shares (Indirect, the same household)
Footnotes (1)
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Key Figures
Shares acquired: 1 share
Reported price per share: $5.69/share
Indirect holdings after transaction: 236,054 shares
3 metrics
Shares acquired
1 share
Grant/award acquisition of common stock
Reported price per share
$5.69/share
Value assigned to the 1-share award
Indirect holdings after transaction
236,054 shares
Common stock indirectly owned by the same household after award
Key Terms
Agent Equity Program, indirect, grant/award acquisition, Common Stock
4 terms
Agent Equity Program financial
"These shares were acquired under eXp World Holdings, Inc.'s (the "Issuer") Agent Equity Program."
indirect financial
"total_shares_following_transaction": "236054.0000" ... "ownership_type": "indirect""
grant/award acquisition financial
""transaction_action": "grant/award acquisition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did EXPI CEO Glenn Sanford report in this Form 4 filing?
Glenn Darrel Sanford reported an indirect acquisition of 1 share of eXp World Holdings common stock. The share was received as a grant or award at $5.69 per share, rather than an open-market purchase, and reflects compensation-related equity activity.
Was Glenn Sanford’s EXPI Form 4 transaction a market buy or a grant?
The Form 4 describes the transaction as a grant, award, or other acquisition, not an open-market purchase. It is coded as an acquisition (A) and represents compensation-related equity issued under the company’s Agent Equity Program, rather than a discretionary stock market trade.
What is the role of the Agent Equity Program in this EXPI Form 4?
The footnote states the share was acquired under eXp World Holdings’ Agent Equity Program. This means the equity came through a company program that issues stock-based compensation, aligning participants’ interests with the company’s performance using common stock awards.