4/A: eXp World Holdings CEO Leonardo Pareja Reports Stock Transactions
SEC Form 4/A
Leonardo Pareja, CEO of eXp Realty, reports the vesting of restricted stock units and a correction to previously over-withheld shares for tax obligations.
Summary
- Leonardo Pareja, CEO of eXp Realty, filed an amended Form 4 on August 14, 2024, reporting changes in beneficial ownership of eXp World Holdings, Inc. stock.
- On August 6, 2024, 6,788 shares of common stock were acquired through the vesting of restricted stock units (RSUs) at a price of $0.00.
- Also on August 6, 2024, 1,687 shares were withheld to cover tax obligations at a price of $11.95.
- The amendment corrects a previous over-withholding of 331 shares for tax obligations due to an administrative error.
- Following these transactions, Pareja directly owns 5,101 shares of eXp World Holdings, Inc. common stock.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing detailing stock transactions. The sentiment is neutral as it primarily reports factual information.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 2022-11-09 | Date of Power of Attorney execution. |
| 2024-08-06 | Date of stock transactions (RSU vesting and tax withholding). |
| 2024-08-07 | Date of original Form 4 filing. |
| 2024-08-14 | Date of amended Form 4 filing. |
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