Form 4: Expeditors International Director Receives Restricted Stock Award

Robert Paul Carlile, a director at Expeditors International of Washington, Inc., acquired 1,740 shares of common stock through a restricted stock award on May 7, 2024.

Summary

• On May 7, 2024, Robert Paul Carlile, a director of Expeditors International of Washington, Inc., acquired 1,740 shares of common stock.
• The acquisition was through a restricted stock award granted at no cost under the company's 2017 Omnibus Incentive Plan.
• The restricted stock award vested in full on May 7, 2024.
• Following the transaction, Carlile directly owns 12,662 shares of Expeditors International common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock award) for a company director, indicating a neutral to slightly positive sentiment as it aligns director interests with shareholders.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders.
• The immediate vesting of the stock may incentivize the director to contribute to the company's success.

Industry Context

This type of stock award is a common practice for compensating and incentivizing directors in publicly traded companies.

Stakeholder Impact

• The stock award aligns the director's interests with those of shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates