Form 4: Director Sells EXPI Shares Under 10b5-1 Plan
Insider Transaction Report
eXp World Holdings Director Penny Sanford sold 117,179 shares of common stock for approximately $1.41 million under a pre-arranged trading plan.
Summary
- Penny Sanford, a Director and 10% Owner of eXp World Holdings, Inc. (EXPI), sold 117,179 shares of common stock.
- The transaction took place on November 25, 2025.
- The shares were sold at a weighted average price of $12.0427 per share, with prices ranging from $12.00 to $12.22.
- The total value of the shares sold was approximately $1,411,000.
- The sale was executed pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
- Following the transaction, Penny Sanford indirectly beneficially owns 26,731,114 shares through a Trust.
Sentiment
Score: 5
Explanation: A Form 4 reports a factual insider transaction, which is neither inherently positive nor negative without broader context. The sale was pre-planned under Rule 10b5-1, which often reduces negative interpretations.
Stakeholder Impact
- Shareholders may interpret the sale as a signal, though the pre-arranged 10b5-1 plan suggests it was not based on new, non-public information.
Key Dates
| Date | Description |
|---|---|
| 11/25/2025 | Date of common stock transaction (sale). |
| 11/26/2025 | Date the Form 4 was signed and filed. |
Keywords
EXPI, eXp World Holdings, insider trading, Form 4, stock sale, director, 10b5-1 plan
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