Form 4: Expeditors International Officer Kelly K Blacker Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Kelly K Blacker, President of Global Products at Expeditors International, reports the acquisition of dividend equivalent rights related to restricted stock units.
Summary
- On June 17, 2024, Kelly K Blacker, President of Global Products at Expeditors International of Washington Inc. (EXPD), acquired dividend equivalent rights related to restricted stock units (RSUs).
- These rights are associated with the 2022, 2023, and 2024 grants of RSUs.
- The price of the derivative security is $123.73.
- Blacker now holds 26.557 dividend equivalent rights from 2022 RSUs, 27.209 from 2023 RSUs, and 50.675 from 2024 RSUs.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It reflects the ongoing compensation and equity ownership structure for company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and equity ownership.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 06/20/2024 | Date of signature by Diane Heffner, Stock Plan Administrator, attorney-in-fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.