Form 4: Expedia Group Director Dara Khosrowshahi Sells Shares Under 10b5-1 Plan

Expedia Group director Dara Khosrowshahi sold a total of 10,000 shares of common stock on December 2, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Dara Khosrowshahi, a director at Expedia Group, sold 10,000 shares of common stock on December 2, 2024.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 22, 2023.
• The shares were sold in multiple transactions at weighted average prices ranging from $183.5255 to $186.5734.
• Following the transactions, Mr. Khosrowshahi directly owns 178,505 shares and indirectly owns 21,910 shares through a children's trust.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing a pre-planned stock sale by a director. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity and is common for executives and directors of publicly traded companies. The use of a 10b5-1 plan indicates that the sales were pre-planned and not based on any material non-public information.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a standard practice among corporate executives to avoid accusations of insider trading.
• Similar filings are regularly made by directors and officers of other publicly traded companies such as Booking Holdings (BKNG) and Airbnb (ABNB) when they execute pre-planned stock sales.
• The volume of shares sold is relatively small compared to the total outstanding shares of Expedia Group, and is unlikely to have a significant impact on the stock price.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price due to the pre-planned nature of the transaction.

Key Dates

Keywords

Expedia Group, Dara Khosrowshahi, stock sale, Form 4, 10b5-1 plan, insider trading, share transaction