Expedia (EXPE) CFO exercises RSUs and withholds shares for tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Expedia Group, Inc. Chief Financial Officer Scott F. Schenkel exercised restricted stock units into 7,626 shares of common stock. These shares came from previously granted RSUs that vested according to a scheduled vesting plan.
Of the newly delivered shares, 3,046 were withheld by the company to cover tax obligations in connection with the RSU vesting, at a value of $228.37 per share. After these routine compensation-related transactions, Schenkel directly holds 29,343 shares of Expedia Group common stock. The filing does not report any open-market purchases or sales, only an option-equivalent exercise and tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,626 shares exercised/converted
Mixed
3 txns
Insider
Schenkel Scott F.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,626 | $0.00 | -- |
| Exercise | Common Stock | 7,626 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,046 | $228.37 | $696K |
Holdings After Transaction:
Restricted Stock Units — 49,030 shares (Direct);
Common Stock — 32,389 shares (Direct)
Footnotes (1)
- Represents shares of Expedia Group, Inc. Common Stock withheld for payment of taxes due in connection with the vesting of restricted stock units. Date at which first vesting occurs is indicated. Thirty-five percent (35%) of the total number of restricted stock units ("RSUs") vests on the first vesting date, with the remainder vesting in quarterly installments as follows: 8.75% on the fifteenth day of each of March, June, September, and December 2026, and 7.50% on each of the same dates in 2027, until fully vested.
FAQ
What did Expedia (EXPE) CFO Scott Schenkel report in this Form 4?
Expedia CFO Scott F. Schenkel reported exercising restricted stock units into 7,626 shares of common stock. A portion of these shares was then withheld by the company to satisfy tax obligations tied to the vesting, reflecting a routine compensation-related equity transaction.
How were the Expedia (EXPE) restricted stock units scheduled to vest?
The RSUs vest with 35% on the first vesting date, then 8.75% on March, June, September, and December 15, 2026, and 7.50% on those same dates in 2027. This quarterly schedule continues until the award is fully vested under the grant terms.