Form 4: Expeditors International Officer Reports Stock Transactions
SEC Form 4 Filing
Jeffrey F. Dickerman, a Senior VP at Expeditors International, reported the vesting and conversion of restricted stock units and dividend equivalent rights into common stock on May 2, 2024.
Summary
- On May 2, 2024, Jeffrey F. Dickerman, a Senior VP at Expeditors International of Washington Inc., reported transactions involving common stock, restricted stock units (RSUs), and dividend equivalent rights (DERs).
- Dickerman converted 765 RSUs and 8 DERs into common stock.
- He also disposed of 305 shares of common stock to cover tax obligations at a price of $111.99 per share.
- Following these transactions, Dickerman directly owns 6,195.5163 shares of common stock and 1,530 RSUs, as well as 18.075 DERs.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock ownership, with no indication of unusual or concerning activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of earliest transaction: conversion of RSUs and DERs, and disposal of shares for tax obligations. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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.