Form 4: Expedia Group SVP Lance A. Soliday Reports Stock Transactions
SEC Form 4 Filing
Expedia Group's SVP and Chief Accounting Officer, Lance A. Soliday, reported the acquisition and disposal of company stock and derivative securities.
Summary
- Lance A. Soliday, SVP & Chief Accounting Officer of Expedia Group, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On November 14, 2024, Soliday exercised options to acquire 7,000 shares of common stock at a price of $104.50 per share and then sold those 7,000 shares at a weighted average price of $181.9914 per share.
- On November 15, 2024, Soliday acquired a total of 963 shares of common stock through the vesting of restricted stock units at no cost.
- Additionally, 236 shares were withheld for payment of taxes related to the vesting of restricted stock units.
- Following these transactions, Soliday directly owns 11,914 shares of Expedia Group common stock.
- Soliday also holds options to purchase 7,000 shares of common stock and various restricted stock units that vest over time.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and is typical for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for all publicly traded companies in the US, as mandated by the SEC.
- The transactions reported are typical for executives who receive stock options and restricted stock units as part of their compensation.
- The vesting schedules for the restricted stock units are also common, with vesting occurring over several years.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are routine insider transactions.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/15/2019 | First vesting date for options to purchase common stock. |
| 05/15/2021 | First vesting date for some restricted stock units. |
| 05/15/2022 | First vesting date for some restricted stock units. |
| 05/15/2023 | First vesting date for some restricted stock units. |
| 05/15/2024 | First vesting date for some restricted stock units. |
| 11/14/2024 | Date of option exercise and sale of 7,000 shares. |
| 11/15/2024 | Date of restricted stock unit vesting and tax withholding. |
| 02/15/2025 | Expiration date for some options and restricted stock units. |
| 02/15/2026 | Expiration date for some restricted stock units. |
| 02/15/2027 | Expiration date for some restricted stock units. |
| 02/15/2028 | Expiration date for some restricted stock units. |
| 11/18/2024 | Date of filing of the Form 4. |
Keywords
Expedia Group, Form 4, insider trading, stock options, restricted stock units, beneficial ownership, Lance A. Soliday, securities transactions
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