Form 4: Expeditors International Officer Kelly K. Blacker Reports Stock Transactions
SEC Form 4 Filing
Kelly K. Blacker, President of Global Geographies at Expeditors International, reports the vesting and subsequent disposal of Restricted Stock Units (RSUs) and Dividend Equivalent Rights (DERs).
Summary
- On May 7, 2025, Kelly K. Blacker, President, Global Geographies of Expeditors International of Washington Inc., had Restricted Stock Units (RSUs) vest and Dividend Equivalent Rights (DERs) vest.
- Blacker acquired 2,863 shares of common stock through the vesting of RSUs and 34 shares through the vesting of DERs.
- Simultaneously, 1,072 shares were disposed of to cover tax obligations at a price of $106.18 per share.
- Following these transactions, Blacker directly owns 11,020.3318 shares of common stock, 5,726 Restricted Stock Units, and 70.224 Dividend Equivalent Rights.
Sentiment
Score: 5
Explanation: This is a neutral reporting of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive.
- The transactions have a minor impact on the overall shareholding structure.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of transaction: vesting of RSUs and DERs, and disposal of shares for tax obligations. |
| 05/09/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Expeditors International, EXPD, Kelly K. Blacker, Restricted Stock Units, Dividend Equivalent Rights, Beneficial Ownership, Stock Transaction
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