4/A: Expedia Group Chief Legal Officer Corrects Stock Transaction Report

Robert J. Dzielak, Chief Legal Officer & Secretary of Expedia Group, files an amended Form 4 to correct a typographical error in a previous report regarding shares withheld for tax obligations.

Summary

• Robert J. Dzielak, Expedia Group's Chief Legal Officer & Secretary, filed an amended Form 4 with the SEC.
• The amendment corrects a typographical error in the original filing from August 16, 2024.
• The error involved the number of shares of Expedia Group common stock withheld for payment of taxes due in connection with the vesting of restricted stock units.
• The original filing understated the number of shares withheld by 600 shares.
• The corrected amount is 1,770 shares withheld at a price of $129.03 per share, instead of the previously reported 1,170 shares.
• Following the transaction, Dzielak beneficially owns 101,962 shares of Expedia Group common stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of a filing, indicating standard corporate governance practices. The correction itself doesn't suggest any underlying issues, but rather a commitment to accuracy.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Comparison to Industry Standards

• Similar filings are common across publicly traded companies, such as Booking Holdings (BKNG) and Airbnb (ABNB), where executives regularly report stock transactions.
• The correction of a typographical error is not unusual and highlights the importance of accurate reporting in compliance with SEC regulations, similar to what is expected from executives at peers like Marriott International (MAR) and Hilton Worldwide Holdings (HLT).

Stakeholder Impact

• The correction ensures accurate information is available to shareholders and potential investors.

Key Dates