Form 4: Wendy Forsythe's SEC Form 4 Filing
Insider Transaction Report
Wendy Forsythe, Chief Marketing Officer of eXp World Holdings, Inc., reported transactions involving restricted stock units and share withholdings on May 15, 2026.
Summary
- Wendy Forsythe, Chief Marketing Officer of eXp World Holdings, Inc. (EXPI), filed a Form 4 statement detailing changes in her beneficial ownership of company stock.
- On May 15, 2026, Forsythe acquired 2,288 shares of common stock valued at $0.00, which were vested restricted stock units (RSUs).
- Following this acquisition, her total direct beneficial ownership of common stock increased to 11,068 shares.
- Additionally, on the same date, 603 shares were disposed of, valued at $4.75 per share, representing shares withheld to cover tax obligations.
- After these transactions, Forsythe's direct beneficial ownership stands at 10,465 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine equity vesting and tax withholding transactions by an insider, without indicating significant positive or negative developments for the company.
Positives
- Vesting of 2,288 restricted stock units (RSUs) indicates continued equity compensation and potential alignment with company performance.
- The acquisition of shares through RSU vesting suggests that the reporting person is retaining equity in the company.
Negatives
- Withholding of 603 shares to cover tax obligations represents a reduction in the net shares received by the reporting person.
Future Outlook
This filing does not contain forward-looking statements or guidance. It reports on past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for corporate insiders, providing transparency on stock transactions. This specific filing details routine equity compensation events for a key executive at eXp World Holdings, Inc.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Wendy Forsythe granted a Power of Attorney to James Bramble to execute Forms 3, 4, and 5, and related documentation for her as an officer of eXp World Holdings, Inc. | 02/05/2025 | Facilitates timely and accurate reporting of insider transactions, but does not relieve the reporting person of compliance responsibility. |
Stakeholder Impact
- Shareholders: Increased transparency into insider equity holdings and transactions.
- Employees: May reflect standard equity compensation practices within the company.
- Management: Demonstrates compliance with SEC reporting requirements.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of execution of the Power of Attorney by Wendy Forsythe. |
| 05/15/2026 | Earliest transaction date reported in the Form 4 filing. |
| 05/18/2026 | Date of signature for the Form 4 filing. |
Keywords
SEC Form 4, Wendy Forsythe, eXp World Holdings, EXPI, Restricted Stock Units, RSUs, Beneficial Ownership, Insider Trading, Stock Transactions, Chief Marketing Officer
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