Glenn Sanford details 25.74% EXP World Holdings (EXPI) ownership in 13D/A

Rhea-AI Filing Summary

EXP World Holdings insider Glenn Sanford reports updated ownership of the company’s common stock. He beneficially owns 41,663,780 shares, representing 25.74% of the outstanding common stock based on 161,893,096 shares issued and outstanding as of January 31, 2026.

Sanford has sole voting and dispositive power over 41,427,727 shares, including 39,578,400 shares of common stock and stock options exercisable for 1,849,327 shares. He also has shared voting and dispositive power over 236,053 shares held by other members of his household, reflecting both his direct holdings and certain family-related ownership.

Insights

Equity ownership and governance analyst

Glenn Sanford reports a sizable 25.74% stake in EXP World Holdings, concentrating insider influence.

Glenn Sanford’s beneficial ownership of 41,663,780 common shares, or 25.74% of the class, signals a highly concentrated insider position. The filing details both direct holdings and options, clarifying how much effective control he may exercise over voting and disposition.

Sole voting and dispositive power covers 41,427,727 shares, including 1,849,327 shares underlying stock options, while 236,053 shares are held with shared powers through other household members. This structure underscores Sanford’s central role in corporate decisions, though actual effects depend on how these voting rights are exercised over time.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

EXP WORLD HOLDINGS, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

30212W100

(CUSIP Number)

James Bramble
2219 Rimland Dr., Suite 301,
Bellingham, WA, 98226
360-685-4206

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

01/31/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 30212W100

1

Name of reporting person

Glenn Sanford

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 41,427,727.00
8	Shared Voting Power 236,053.00
9	Sole Dispositive Power 41,427,727.00
10	Shared Dispositive Power 236,053.00

11

Aggregate amount beneficially owned by each reporting person

41,663,780.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

25.74 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) Sole voting and dispositive power includes: (i) 39,578,400 shares of common stock, and (ii) stock options exercisable for an aggregate of 1,849,327 shares of common stock. (2) Shared voting and dispositive power includes common stock held by other members of Glenn D. Sanford's household. (3) Percent of Class is based on 161,893,096 shares of common stock issued and outstanding as of January 31, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock
(b)	Name of Issuer: EXP WORLD HOLDINGS, INC.
(c)	Address of Issuer's Principal Executive Offices: 2219 Rimland Dr., Suite 301, Bellingham, WASHINGTON , 98226.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Glenn Sanford

Signature:	/s/ Glenn Sanford
Name/Title:	Glenn Sanford
Date:	02/17/2026

FAQ

How many EXP World Holdings (EXPI) shares does Glenn Sanford beneficially own?

Glenn Sanford beneficially owns 41,663,780 shares of EXP World Holdings common stock. This total includes shares he holds directly, stock options exercisable for additional shares, and shares held with shared voting and dispositive power through members of his household.

What percentage of EXP World Holdings common stock does Glenn Sanford own?

Glenn Sanford’s beneficial ownership represents 25.74% of EXP World Holdings’ common stock. This percentage is calculated based on 161,893,096 shares of common stock issued and outstanding as of January 31, 2026, as stated in the ownership disclosure.

How is Glenn Sanford’s EXP World Holdings ownership divided between sole and shared control?

Glenn Sanford has sole voting and dispositive power over 41,427,727 shares and shared voting and dispositive power over 236,053 shares. The shared-power shares are common stock held by other members of his household, as described in the ownership footnotes.

What portion of Glenn Sanford’s EXP World Holdings stake comes from stock options?

Glenn Sanford’s sole voting and dispositive power includes stock options exercisable for 1,849,327 shares of EXP World Holdings common stock. The remainder of his sole power relates to 39,578,400 shares of common stock that he already holds directly, according to the disclosure.

What share count did EXP World Holdings report as outstanding in this ownership filing?

The filing states that EXP World Holdings had 161,893,096 shares of common stock issued and outstanding as of January 31, 2026. This outstanding share figure is the basis used to calculate Glenn Sanford’s 25.74% beneficial ownership of the company.

Who signed the EXP World Holdings Schedule 13D/A reporting Glenn Sanford’s stake?

The Schedule 13D/A was signed by Glenn Sanford, who certified the information as true, complete, and correct. The signature block shows his electronic signature “/s/ Glenn Sanford” and is dated February 17, 2026, confirming his responsibility for the reported ownership data.