Form 4: Dara Khosrowshahi Reports Acquisition of Expedia Group Stock Units

Dara Khosrowshahi, a director of Expedia Group, Inc., reported the acquisition of stock units under the company's Non-Employee Director Deferred Compensation Plan.

Summary

• On July 1, 2024, Dara Khosrowshahi, a director of Expedia Group, Inc., acquired 60.805 stock units.
• These stock units were accrued under the Expedia Group, Inc. Non-Employee Director Deferred Compensation Plan in lieu of director cash compensation for the quarter ended June 30, 2024.
• The stock units are convertible into common stock on a 1-for-1 basis and will be settled in shares of common stock after Khosrowshahi's termination of services as a director.
• Following this transaction, Khosrowshahi directly owns 1,700.159 stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and expected business practice. The sentiment is neutral to slightly positive as it aligns director interests with shareholders.

Positives

• The acquisition of stock units by a director signals confidence in the company's future performance.

Future Outlook

The stock units will be settled in shares of common stock of Expedia Group, Inc. after the reporting person's termination of services as a director.

Industry Context

Director compensation in the form of stock units is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock-based compensation for directors is a common practice among companies like Booking Holdings (BKNG) and Airbnb (ABNB).
• The amount of stock units granted to directors varies based on company size, performance, and industry standards.
• Deferred compensation plans are often used to provide tax advantages and long-term incentives for directors.

Stakeholder Impact

• The acquisition of stock units by a director can positively influence shareholder confidence.

Key Dates