Form 4: Expedia Group's Chairman Barry Diller Reports Stock Transactions
SEC Form 4
Barry Diller, Chairman & Sr. Executive of Expedia Group, reports the vesting of restricted stock units and subsequent transactions involving common stock.
Summary
- Barry Diller, Chairman & Sr. Executive of Expedia Group, filed a Form 4 detailing changes in beneficial ownership.
- On May 15, 2025, Diller exercised restricted stock units (RSUs) converting them into common stock.
- These transactions involved the vesting of 2,242, 3,940, 1,473, and 1,600 RSUs.
- Following these transactions, Diller directly owns 141,659 shares of Expedia Group common stock.
- Shares were also withheld for payment of taxes due in connection with the vesting of restricted stock units at a price of $169.22.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units (RSUs) that vest over time, aligning executive interests with long-term shareholder value.
- The vesting schedules described in the document (one-sixteenth quarterly or one-twelfth quarterly) are typical vesting arrangements.
- Tax withholding upon vesting of RSUs is a standard practice to cover the executive's tax obligations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/15/2022 | First vesting date for 2,242 restricted stock units. |
| 05/15/2023 | First vesting date for 3,940 restricted stock units. |
| 05/15/2024 | First vesting date for 1,473 restricted stock units. |
| 05/15/2025 | Date of the reported transactions, including RSU vesting and tax withholding. |
| 02/15/2026 | Expiration date for 2,242 restricted stock units. |
| 02/15/2027 | Expiration date for 3,940 restricted stock units. |
| 02/15/2028 | Expiration date for 1,473 and 1,600 restricted stock units. |
| 05/19/2025 | Date of the form's signature. |
Keywords
Form 4, Expedia Group, Barry Diller, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Common Stock, Vesting
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