Form 4: Expeditors International Officer Bell Reports Stock Transactions
SEC Form 4 Filing
Blake R. Bell, President of Global Services at Expeditors International, reports multiple transactions involving common stock and Restricted Stock Units (RSUs) on May 3, 2024.
Summary
- On May 3, 2024, Blake R. Bell, President of Global Services at Expeditors International of Washington Inc., engaged in several transactions involving the company's common stock and Restricted Stock Units (RSUs).
- These transactions included the vesting of RSUs and Dividend Equivalent Rights (DERs), as well as the disposition of shares to cover tax obligations.
- Bell's direct ownership of common stock following these transactions is 56,844.5219 shares.
- The reported transactions involved the vesting of 676 RSUs and 17 DERs from previous grants, along with the acquisition of 0.666 RSUs.
- Disposals of 273 and 248 shares occurred at a price of $113.91 to cover tax obligations related to the vesting of the RSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company officer, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of earliest transaction and multiple RSU and stock transactions. |
| 05/07/2024 | Date of signature by attorney-in-fact. |
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