Form 4: Expedia Group Director Dara Khosrowshahi Sells 10,000 Shares

Dara Khosrowshahi, a director at Expedia Group, sold 10,000 shares of common stock on October 4, 2024, at a weighted average price of $150.1788 per share.

Summary

• On October 4, 2024, Dara Khosrowshahi, a director of Expedia Group, sold 10,000 shares of the company's common stock.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 22, 2023.
• The shares were sold at a weighted average price of $150.1788, with individual prices ranging from $150.00 to $150.24.
• Following the transaction, Khosrowshahi directly owns 198,505 shares and indirectly owns 21,910 shares through a children's trust, for which he disclaims beneficial ownership.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on insider information.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates