Form 4: Barry Diller Exercises Expedia Stock Options, Sells Shares for Tax and Exercise Price Coverage
SEC Form 4 Filing
Barry Diller, Chairman & Sr. Executive of Expedia Group, Inc., exercised stock options and sold shares to cover tax obligations and the exercise price.
Summary
- On February 28, 2024, Barry Diller exercised options to purchase 150,000 shares of Expedia Group, Inc. common stock at a price of $119.04 per share.
- Diller then sold 10,474 shares at $136.24 to cover taxes related to the option exercise.
- An additional 131,062 shares were sold at $136.24 to cover the exercise price of the options.
- Following these transactions, Diller directly owns 119,741 shares of Expedia common stock.
- The transactions were reported on March 1, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any explicit positive or negative sentiment about the company's performance or future prospects.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. Insider transactions are common and can be for various reasons, including diversification, tax planning, or covering expenses.
Key Dates
| Date | Description |
|---|---|
| 02/15/2018 | Date at which first vesting occurs for the options. |
| 02/28/2024 | Date of the stock option exercise and share sales. |
| 03/01/2024 | Date the Form 4 was filed. |
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