Form 4: Pelosi Reports RSU Vesting at eXp World Holdings
Statement of Changes in Beneficial Ownership
Peggie Pelosi, a Director at eXp World Holdings, Inc., has reported the vesting of 15,152 Restricted Stock Units (RSUs) on May 8, 2026.
Summary
- Peggie Pelosi, a Director of eXp World Holdings, Inc. (EXPI), has filed a Form 4 statement detailing changes in beneficial ownership.
- The filing reports the vesting of 15,152 Restricted Stock Units (RSUs) on May 8, 2026.
- These RSUs are scheduled to vest fully on the business day before the next annual stockholder meeting where directors are elected, or one year after the grant date, whichever comes first.
- Vesting is contingent upon Ms. Pelosi's continued service as a Board member.
- RSUs do not have an expiration date and will either vest or be canceled before the vesting date.
- The filing was made on May 11, 2026, with James Bramble acting as attorney-in-fact for Ms. Pelosi.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports on standard equity vesting for a director rather than a significant financial event or strategic shift.
Positives
- Vesting of 15,152 RSUs indicates continued equity compensation for a director.
- The vesting is tied to continued service, aligning management interests with the company's long-term performance.
Risks
- Vesting is contingent on continued Board service, meaning failure to remain on the board would result in forfeiture of the RSUs.
- The filing does not provide details on the grant date or the original value of the RSUs.
Future Outlook
The vesting of RSUs is subject to continued Board service, with full vesting occurring on the earlier of the business day preceding the next annual stockholder meeting or the one-year anniversary of the grant date.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and equity awards, common in the real estate technology and brokerage industry where eXp World Holdings operates. These filings provide transparency regarding compensation and potential insider trading activity.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Peggie Pelosi granted power of attorney to James Bramble to execute Forms 3, 4, and 5, and related documentation for Section 16 reporting. | 01/27/2023 | Facilitates timely and accurate filing of insider transaction reports. |
Stakeholder Impact
- Shareholders: Increased transparency regarding director compensation and potential equity holdings.
- Employees: Indirectly benefits from director alignment with company performance.
- Management: Confirms standard compensation practices for board members.
Next Steps
- Ms. Pelosi must continue to serve on the Board of Directors for the RSUs to vest.
- The company will continue to comply with Section 16 reporting requirements.
Key Dates
| Date | Description |
|---|---|
| 01/27/2023 | Date of Power of Attorney for Peggie Pelosi. |
| 05/08/2026 | Date of earliest transaction reported and RSU vesting date. |
| 05/11/2026 | Date of filing of Form 4. |
Keywords
Form 4, SEC Filing, eXp World Holdings, EXPI, Peggie Pelosi, Director, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.