EXPI Form 4: Director sale of 117,179 shares at $12.04 avg

Rhea-AI Filing Summary

eXp World Holdings, Inc. (EXPI) reported an insider stock transaction by a director. On 11/25/2025, the reporting person sold 117,179 shares of common stock at a weighted average price of $12.0427 per share. These shares were sold in multiple trades at prices ranging from $12.00 to $12.22.

Following this sale, the reporting person beneficially owned 26,731,114 shares of eXp World Holdings common stock, held indirectly through a trust.

Insider Trade Summary

Net Seller: 117,179 shares ($1,411,152)

Net Sell 1 txn

Insider SANFORD PENNY

Role 10% Owner

Sold 117,179 shs ($1.41M)

Type	Security	Shares	Price	Value
Sale	Common Stock	117,179	$12.0427	$1.41M

Holdings After Transaction: Common Stock — 26,731,114 shares (Indirect, by Trust)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

SANFORD PENNY

(Last) (First) (Middle)

336 36TH STREET #734

(Street)

BELLINGHAM WA 98225

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025

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	11/25/2025		S		117,179	D	$12.0427(1)	26,731,114	I	by Trust

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 $12.00 to $12.22, 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/ Penny Sanford	11/26/2025
	** 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 insider transaction did EXPI report in this Form 4?

A director of eXp World Holdings, Inc. (EXPI) reported selling 117,179 shares of common stock in an open-market transaction on 11/25/2025.

At what price were the EXPI shares sold by the insider?

The 117,179 EXPI shares were sold at a weighted average price of $12.0427 per share, with individual trades executed between $12.00 and $12.22.

How many EXPI shares does the insider own after this transaction?

After the reported sale, the insider beneficially owned 26,731,114 shares of eXp World Holdings common stock, held indirectly through a trust.

What is the insider’s relationship to eXp World Holdings (EXPI)?

The reporting person in this Form 4 is identified as a director of eXp World Holdings, Inc. (EXPI).

Was the EXPI insider trade executed in multiple transactions?

Yes. The filing explains that the shares were sold in multiple transactions at prices ranging from $12.00 to $12.22.

How can investors get more detail on the EXPI trade price breakdown?

The reporting person undertook to provide, upon request, full information on the number of shares sold at each separate price within the disclosed range.