Form 4: Expedia Group CEO Ariane Gorin Reports Stock Transactions
SEC Form 4 Filing
Ariane Gorin, CEO of Expedia Group, reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to her beneficial ownership of company stock.
Summary
- Ariane Gorin, the CEO of Expedia Group, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On February 15, 2025, restricted stock units vested, resulting in the acquisition of 5,157, 1,698, 926, and 718 shares of common stock.
- Simultaneously, 3,413 shares were withheld for payment of taxes due in connection with the vesting of restricted stock units at a price of $202.38.
- Following these transactions, Gorin directly owns 71,813 shares of Expedia Group common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment. It reflects routine compensation practices.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the CEO's stake in the company.
Comparison to Industry Standards
- Executive compensation packages including restricted stock units are standard practice among publicly listed companies like Expedia Group.
- Companies such as Booking Holdings (BKNG) and Airbnb (ABNB) also utilize stock-based compensation as part of their executive pay structure.
- The vesting schedules and amounts are generally determined by performance metrics and retention goals, aligning executive interests with shareholder value.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and alignment of interests.
- The transactions have a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | First vesting date for multiple tranches of restricted stock units. |
| 05/15/2024 | First vesting date for one tranche of restricted stock units. |
| 02/15/2025 | Transaction date for the vesting of restricted stock units and tax withholding. |
| 02/15/2026 | Expiration date for some restricted stock units. |
| 02/15/2027 | Expiration date for some restricted stock units. |
| 02/15/2028 | Expiration date for some restricted stock units. |
| 02/19/2025 | Date of Form 4 signature. |
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