Is Randall D. Miles’ RSU grant in eXp World Holdings (EXPI) an open-market share purchase?

No, the RSU grant is not an open-market share purchase. It is a compensation award of 15,152 Restricted Stock Units at a price of $0.00 per unit, which may convert into common shares only if the vesting conditions are satisfied.

eXp World (NASDAQ: EXPI) director awarded 15,152 RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MILES RANDALL D reported acquisition or exercise transactions in this Form 4 filing.

eXp World Holdings director Randall D. Miles received a grant of 15,152 Restricted Stock Units (RSUs) tied to the company’s common stock. The RSUs were awarded at no purchase price as equity compensation, not as an open-market share purchase.

All 15,152 RSUs are scheduled to vest 100% on the earlier of the business day immediately before the next annual meeting of stockholders at which Board members are elected, or the one-year anniversary of the grant, subject to Mr. Miles’ continued Board service. Following this award, his reported derivative holdings from this grant total 15,152 RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MILES RANDALL D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	15,152	$0.00	--

Holdings After Transaction: Restricted Stock Units — 15,152 shares (Direct, null)

Footnotes (1)

15,152 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 Mr. Miles' 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: 15,152 RSUs Grant price: $0.00 per RSU Underlying shares: 15,152 shares +1 more

4 metrics

RSUs granted 15,152 RSUs Equity award to director Randall D. Miles on grant date

Grant price $0.00 per RSU Compensation award, not open-market purchase

Underlying shares 15,152 shares Common stock underlying the RSUs

Holdings after grant 15,152 RSUs Total derivative holdings from this grant following transaction

Key Terms

Restricted Stock Units, vest, annual meeting of stockholders, Board service

4 terms

Restricted Stock Units financial

"15,152 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

"15,152 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..."

Board service financial

"subject to Mr. Miles' continued Board service through such date."

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 11:58 AM

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^*

MILES RANDALL D

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0.00	05/08/2026		A		15,152		⁽¹⁾	⁽²⁾	Common Stock	15,152	$0.00	15,152	D

Explanation of Responses:

1. 15,152 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 Mr. Miles' continued Board service through such date.

2. RSUs do not expire; they either vest or are canceled prior to the vesting date.

Remarks:

	/s/ James Bramble, attorney-in-fact for Randall D. Miles	05/11/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did eXp World Holdings (EXPI) report for Randall D. Miles?

eXp World Holdings reported that director Randall D. Miles received a grant of 15,152 Restricted Stock Units. These RSUs are a form of equity compensation and were awarded at no purchase price, representing potential future shares of common stock if they vest.

How many RSUs did Randall D. Miles receive from eXp World Holdings (EXPI)?

Randall D. Miles received 15,152 Restricted Stock Units from eXp World Holdings. Each RSU represents a right to receive one share of common stock upon vesting, giving him potential ownership of 15,152 shares if vesting conditions are met.

When do Randall D. Miles’ 15,152 RSUs in eXp World Holdings (EXPI) vest?

The 15,152 RSUs are scheduled to vest 100% on the earlier of the business day immediately before the next annual stockholder meeting electing Board members, or the one-year anniversary of the grant, assuming Mr. Miles continues to serve on the Board through that date.

What happens to eXp World Holdings (EXPI) RSUs if they do not vest for Randall D. Miles?

According to the disclosure, RSUs do not expire in the traditional sense; they either vest or are canceled before the vesting date. If vesting conditions such as continued Board service are not met, some or all of the 15,152 RSUs may be canceled.

What is Randall D. Miles’ reported position in eXp World Holdings (EXPI) RSUs after this grant?

After this award, the Form 4 shows Randall D. Miles holding 15,152 Restricted Stock Units from this grant. These RSUs reference an equal number of shares of common stock and remain subject to the stated vesting and service conditions.