Form 4: Expedia Director Dara Khosrowshahi Reports Acquisition of Common Stock and New RSU Grant

Sentiment:

Insider Transaction Report


Expedia Group Director Dara Khosrowshahi has reported the acquisition of 2,253 shares of common stock through the exercise of restricted stock units and a new grant of 1,499 restricted stock units, as detailed in a recent SEC Form 4 filing.

Summary

  • Dara Khosrowshahi, a Director of Expedia Group, Inc. (EXPE), reported transactions involving the company's common stock and restricted stock units (RSUs).
  • On June 1, 2025, Mr. Khosrowshahi acquired a total of 2,253 shares of Expedia Group common stock through the exercise or conversion of previously granted restricted stock units. These acquisitions were for 871, 738, and 644 shares, respectively, at an exercise price of $0.0000 per share.
  • Following these transactions, Mr. Khosrowshahi directly beneficially owns 150,758 shares of Expedia Group common stock.
  • Additionally, on June 1, 2025, Mr. Khosrowshahi was granted 1,499 new restricted stock units, which are scheduled to begin vesting on June 1, 2026.
  • The filing also indicates indirect beneficial ownership of 21,910 shares of common stock through a Children's Trust, for which the reporting person disclaims beneficial ownership.
  • The RSUs typically vest one-third on the first vesting date and an additional one-third on each anniversary thereafter until fully vested.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to equity compensation (RSU vesting and new grants), which are expected events and do not inherently indicate positive or negative company performance or significant strategic shifts.

Positives

  • Acquisition of common stock by a director, often seen as a sign of confidence in the company's future.
  • Grant of new restricted stock units aligns the director's interests with long-term shareholder value.

Management Comments

  • "The reporting person disclaims beneficial ownership of these shares."
  • "Date at which first vesting occurs is indicated. One-third of the total number of restricted stock units ("RSUs") vests on the first vesting date and an additional one-third on each anniversary thereafter until the RSUs are fully vested."

Industry Context

This filing is specific to an individual's equity compensation and does not provide broader industry context.

Related Party Transactions

  • Indirect beneficial ownership of 21,910 shares of common stock through a Children's Trust, though the reporting person disclaims beneficial ownership.

Stakeholder Impact

  • Shareholders: Minor positive signal from director's increased direct ownership, but largely a routine compensation event.

Next Steps

  • Continued vesting of the newly granted 1,499 restricted stock units, with the first vesting occurring on June 1, 2026.

Key Dates

DateDescription
06/01/2023First vesting date for a tranche of RSUs that expired on 06/01/2025.
06/01/2024First vesting date for a tranche of RSUs that expired on 06/01/2026.
06/01/2025Date of reported transactions (acquisition of common stock, exercise of RSUs, grant of new RSUs). Also, expiration date for a tranche of RSUs.
06/03/2025Signature date of the filing by Michael S. Marron, Attorney-in-fact.
06/01/2026Expiration date for a tranche of RSUs. Also, first vesting date for the newly acquired RSUs.
06/01/2027Expiration date for a tranche of RSUs.
06/01/2028Expiration date for the newly acquired RSUs.

Keywords

Expedia Group, EXPE, Dara Khosrowshahi, Form 4, SEC Filing, Insider Trading, Restricted Stock Units, RSU, Common Stock, Director, Equity Compensation, Vesting

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