Form 4: Expedia Group Director Dara Khosrowshahi Reports Acquisition of Stock Units
SEC Form 4 Filing
Director Dara Khosrowshahi reports acquiring stock units in Expedia Group, Inc. through a non-employee director deferred compensation plan.
Summary
- On October 1, 2024, Dara Khosrowshahi, a director of Expedia Group, Inc., reported the acquisition of 76.003 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 September 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 the transaction, Khosrowshahi beneficially owns 1,776.162 derivative securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with shareholders.
Positives
- The acquisition of stock units aligns the director's interests with those of the shareholders.
- The deferred compensation plan allows for tax-efficient accumulation of wealth.
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
This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of the transaction (acquisition of stock units). |
| September 30, 2024 | End of the quarter for which the stock units were accrued as compensation. |
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