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

Expedia Group director Dara Khosrowshahi sold 10,000 shares of common stock on September 27, 2024, at a weighted average price of $150.2061 per share, according to a Form 4 filing with the SEC.

Summary

• On September 27, 2024, Dara Khosrowshahi, a director at Expedia Group, Inc., 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 $150.2061, with individual prices ranging from $150.00 to $150.33.
• Following the transaction, Khosrowshahi directly owns 208,505 shares of Expedia Group common stock.
• Khosrowshahi also indirectly owns 21,910 shares through a children's trust, but disclaims beneficial ownership of these shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Insider sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. However, large or frequent sales can sometimes be viewed negatively by investors.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, depending on the size and context of the sale.

Key Dates