Form 4: Expeditors International Executive Kelly K. Blacker Reports Stock Transactions
SEC Form 4 Filing
Kelly K. Blacker, President of Global Products at Expeditors International, reports acquisition and disposal of common stock related to a performance share unit award.
Summary
- On February 21, 2025, Kelly K. Blacker, President of Global Products at Expeditors International of Washington Inc. (EXPD), reported transactions involving the company's common stock.
- Blacker acquired 339 shares of common stock upon settlement of a 2022 performance share unit (PSU) award, including Dividend Equivalent Rights, for the performance period ended December 31, 2024.
- Simultaneously, 154 shares were withheld by Expeditors to satisfy tax withholding obligations related to the PSU award settlement at a price of $117.26 per share.
- Following these transactions, Blacker beneficially owns 8,150.3318 shares of Expeditors International common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock transaction (acquisition and disposal). |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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