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

Rhea-AI Filing Summary

Monica Weakley, a director of eXp World Holdings, Inc. (EXPI), reported two equity transactions dated 09/30/2025. The filing shows the direct acquisition of 9,221 shares of common stock issued under the Issuer's Agent Equity Program at a recorded price of $10.29 per share. It also reports a grant of 19 restricted stock units (RSUs) awarded under the Agent Growth Incentive Program administered under the 2024 Equity Incentive Plan; each RSU converts to one share upon vesting. The RSUs do not expire and are scheduled to vest 100% on August 31, 2028, subject to continued service, and the form is signed by an attorney-in-fact for Ms. Weakley.

Insights

Financial Analyst

TL;DR: Director received company equity: 9,221 shares issued and 19 RSUs that vest in 2028.

The disclosure documents an equity issuance to a director under internal incentive programs rather than an open-market purchase or sale. The 9,221 common shares were issued at a reported price of $10.29 under the Agent Equity Program, which increases the director's direct holdings. Separately, 19 RSUs were granted under the 2024 Equity Incentive Plan; these RSUs represent contingent rights to shares that vest 100% on August 31, 2028, subject to service. For investors, this is a routine insider compensation event that signals management alignment with long-term incentive structures rather than immediate trading activity.

Corporate Governance Expert

TL;DR: This Form 4 reports routine equity compensation to a director with multi-year vesting.

The filing is consistent with typical governance practices where agents and directors receive equity-based incentives. The RSU grant’s 100% vesting date on August 31, 2028, indicates long-term retention objectives tied to continued service. The statement is filed by an attorney-in-fact and contains clear explanations of plan mechanics and vesting schedule. There are no indications in the filing of departures, accelerated vesting, or other governance red flags.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Weakley Monica

(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)
09/30/2025

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	09/30/2025		A		102(1)	A	$10.29	9,221	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
Common Stock	$0.00(2)	09/30/2025		A		19		(3)	(4)	Common Stock	19	$0.00	1,365	D

Explanation of Responses:

1. These shares were issued to the reporting person under eXp World Holdings, Inc.'s (the "Issuer") Agent Equity Program.

2. Represents a grant of RSUs awarded under the Issuer's Agent Growth Incentive Program, administered under the 2024 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock.

3. The RSUs are scheduled to vest 100% on August 31, 2028, subject to the reporting person's continued service to the Issuer through the respective vesting date.

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

Remarks:

	/s/ James Bramble, attorney-in-fact for Monica Weakley	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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