eXp World (EXPI) CMO nets shares from RSU vesting and tax withholding

Rhea-AI Filing Summary

eXp World Holdings Chief Marketing Officer Wendy Forsythe reported routine equity compensation activity involving restricted stock units. On May 15, 2026, 2,288 shares of common stock vested from previously granted RSUs, reflected as an option exercise-type transaction at a zero exercise price. In connection with this vesting, 603 shares were withheld to cover tax obligations, a non-market disposition. Following these transactions, Forsythe directly holds 11,068 shares of common stock, indicating a modest net increase in her ownership from this compensation event rather than an open-market purchase or sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Forsythe Wendy

Role Chief Marketing Officer

Type	Security	Shares	Price	Value
Exercise	Common Stock	2,288	$0.00	--
Tax Withholding	Common Stock	603	$4.75	$3K

Holdings After Transaction: Common Stock — 11,068 shares (Direct, null)

Footnotes (1)

1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. Represents shares withheld from the Reporting Person to cover tax obligations.

Key Figures

RSU shares vested: 2,288 shares Shares withheld for taxes: 603 shares at $4.75/share Shares after tax withholding: 10,465 shares +1 more

4 metrics

RSU shares vested 2,288 shares Common stock from previously granted RSUs vested on May 15, 2026

Shares withheld for taxes 603 shares at $4.75/share Shares withheld to cover tax obligations on May 15, 2026

Shares after tax withholding 10,465 shares Direct holdings reported following the tax-withholding disposition

Final shares held after vesting 11,068 shares Direct common stock holdings after RSU vesting transaction

Key Terms

restricted stock units ("RSUs"), tax obligations, tax-withholding disposition, Exercise or conversion of derivative security

4 terms

restricted stock units ("RSUs") financial

"Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax obligations financial

"Represents shares withheld from the Reporting Person to cover tax obligations."

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

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^*

Forsythe Wendy

(Last) (First) (Middle)

C/O EXP WORLD HOLDINGS, INC.

2219 RIMLAND DRIVE, SUITE 301

(Street)

BELLINGHAM WASHINGTON 98226

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
eXp World Holdings, Inc. [ EXPI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Marketing Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/15/2026		M(1)		2,288	A	$0.00	11,068	D
Common Stock	05/15/2026		F		603(2)	D	$4.75	10,465	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

Explanation of Responses:

1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.

2. Represents shares withheld from the Reporting Person to cover tax obligations.

Remarks:

	/s/ James Bramble, attorney-in-fact for Wendy Forsythe	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider trading did eXp World (EXPI) disclose for Wendy Forsythe?

eXp World reported that Chief Marketing Officer Wendy Forsythe had 2,288 RSU shares vest and 603 shares withheld for taxes. These transactions are compensation-related and do not represent open-market buying or selling of EXPI common stock.

How many eXp World (EXPI) shares vested for Wendy Forsythe?

2,288 shares of eXp World common stock vested for Wendy Forsythe from previously granted restricted stock units. This vesting increased her direct share ownership, subject to a separate share withholding to satisfy associated tax obligations.

Why were 603 eXp World (EXPI) shares disposed of in this Form 4?

The 603 eXp World shares were withheld from Wendy Forsythe to cover tax obligations related to RSU vesting. This is recorded as a disposition but is not an open-market sale; it functions as a tax payment mechanism.

What are Wendy Forsythe’s eXp World (EXPI) holdings after these transactions?

After the RSU vesting and tax withholding entries, Wendy Forsythe directly holds 11,068 shares of eXp World common stock. This reflects a net increase in her ownership from the compensation event reported in the Form 4.

Are the eXp World (EXPI) insider transactions open-market buys or sells?

The reported transactions are not open-market buys or sells. They record RSU vesting, treated as an exercise-type acquisition, and a related tax-withholding disposition where 603 shares were surrendered to cover tax liabilities.