Form 4: Expeditors International Senior VP CIO, Courtney A Hawkins, Reports Acquisition of Restricted Stock Units

Courtney A Hawkins, Senior VP CIO of Expeditors International, reports the acquisition of 2,448 Restricted Stock Units (RSUs) on May 6, 2025.

Summary

• On May 6, 2025, Courtney A Hawkins, Senior VP CIO of Expeditors International of Washington Inc, acquired 2,448 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one common share of Expeditors International.
• The RSUs vest in three installments: 33% on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns management interests with shareholders.

Positives

• The acquisition of RSUs aligns the executive's interests with those of the shareholders, incentivizing long-term performance.

Future Outlook

The RSUs will vest over the next three years, incentivizing the executive to contribute to the company's long-term success.

Industry Context

This filing is a routine disclosure of equity compensation to a company executive, which is a common practice in publicly traded companies to align management's interests with those of shareholders.

Comparison to Industry Standards

• Equity compensation is a standard practice among publicly traded companies to incentivize executives.
• The vesting schedule of the RSUs (33%, 33%, 34% over three years) is a typical vesting structure.
• Companies like UPS, FedEx, and CH Robinson also utilize equity compensation for their executives.

Stakeholder Impact

• Shareholders may view this as a positive sign, as it aligns executive compensation with company performance.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

Expeditors International, EXPD, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Insider Trading, Equity Compensation, Courtney A Hawkins