Form 4: Expedia Group Vice Chairman Transfers Shares to Limited Partnership and Revocable Living Trust

Sentiment:

SEC Form 4 Filing


Peter M. Kern, Vice Chairman of Expedia Group, reports the transfer of 72,500 shares of common stock to a Limited Partnership and a transfer of 72,500 shares from a Revocable Living Trust on August 29, 2024.

Summary

  • Peter M. Kern, Vice Chairman of Expedia Group, filed a Form 4 on September 3, 2024, reporting changes in beneficial ownership of Expedia Group, Inc. [EXPE] common stock.
  • On August 29, 2024, Mr. Kern transferred 72,500 shares of Expedia Group common stock to a Limited Partnership.
  • The reporting person's Revocable Living Trust holds a 99% interest in the Limited Partnership.
  • Also on August 29, 2024, Mr. Kern transferred 72,500 shares of Expedia Group common stock from a Revocable Living Trust.
  • Following these transactions, Mr. Kern directly owns 304,294 shares of Expedia Group common stock.
  • He also indirectly owns 72,500 shares through a Limited Partnership and 80,517.723 shares through a Revocable Living Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, and does not inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of Expedia Group's Vice Chairman.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly altering the ownership structure.

Key Dates

DateDescription
08/29/2024Date of stock transfer to Limited Partnership and from Revocable Living Trust
09/03/2024Date of Form 4 filing

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