[Form 4] eXp World Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Randall D. Miles, a director of eXp World Holdings (EXPI), sold 8,700 shares of common stock on 08/12/2025 at a weighted-average price of about $10.10 per share. After the reported transactions he beneficially owned 527,190 shares held directly. The filing states the shares were sold in multiple transactions at prices ranging from $10.08 to $10.105, with a reported weighted-average price of $10.1002. No derivative securities or option transactions are listed in the report.

Positive

• Reporting person retains a substantial direct holding: 527,190 shares remain beneficially owned directly.
• No derivative securities reported: Table II is empty, indicating no options, warrants, or other derivatives were disclosed in this filing.

Negative

• Director sold 8,700 shares: a disposition of common stock was reported on 08/12/2025 (transaction code S).
• Sale price disclosed as weighted average: reported weighted-average price is $10.1002, with individual trade prices between $10.08 and $10.105.

Insights

Securities Analyst

Director sale of 8,700 EXPI shares at ~$10.10; remaining direct stake is material.

The filing discloses a direct sale of 8,700 common shares by Randall D. Miles on 08/12/2025 at a weighted-average price of approximately $10.10, leaving him with 527,190 shares beneficially owned. The report specifies the sale occurred in multiple transactions with prices between $10.08 and $10.105 and lists no derivative activity. From a trading-signals perspective, the transaction size is small relative to the reported remaining direct stake, so the sale by itself is unlikely to be materially informative about the company’s fundamentals.

Corporate Governance Expert

Routine director disposition reported; no derivatives or complex arrangements disclosed.

The Form 4 shows a straightforward sale (transaction code S) of common stock by a director, with an explicit weighted-average price disclosure and an explanatory footnote about multiple trade prices. The disclosure of a remaining direct holding of 527,190 shares provides transparency on ongoing insider ownership. There are no listed option exercises, grants, or derivative positions in this filing that would complicate the governance picture.

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).

X

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^*

MILES RANDALL D

(Last) (First) (Middle)

C/O EXP WORLD HOLDINGS, INC.

2219 RIMLAND DRIVE, SUITE 301

(Street)

BELLINGHAM WA 98226

(City) (State) (Zip)

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

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)
08/12/2025

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	08/12/2025		S		8,700	D	$10.1002(1)	527,190	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.08 to $10.105, inclusive. The reporting person undertakes to provide to eXp World Holdings, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Remarks:

	/s/ James Bramble, attorney-in-fact for Randall D. Miles	08/13/2025
	** 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 did Randall D. Miles report selling in the Form 4 for EXPI?

The filing reports a sale of 8,700 shares of common stock by Randall D. Miles.

When did the insider transaction for EXPI occur?

The reported transaction date is 08/12/2025.

At what price were the EXPI shares sold?

The shares were sold in multiple transactions at prices ranging from $10.08 to $10.105, with a reported weighted-average price of $10.1002.

How many EXPI shares does Randall D. Miles own after the reported sale?

After the sale the reporting person beneficially owned 527,190 shares, held directly.

Were any derivative securities reported for EXPI in this filing?

No. Table II contains no derivative securities; the filing shows only a non-derivative common stock sale.