Form 4: Expeditors International SVP Benjamin G. Clark Reports Stock Transactions
SEC Form 4 Filing
Benjamin G. Clark, SVP of Global Enterprise Services & CSO at Expeditors International, reports acquisition and disposal of common stock related to a performance share unit award.
Summary
- On February 21, 2025, Benjamin G. Clark, SVP of Global Enterprise Services & CSO at Expeditors International of Washington Inc., reported transactions involving the company's common stock.
- Clark acquired 339 shares of common stock upon settlement of a 2022 performance share unit (PSU) award, including Dividend Equivalent Rights, for the performance period ended December 31, 2024, at a price of $0.
- Simultaneously, 154 shares were withheld by the issuer to satisfy tax obligations related to the PSU award at a price of $117.26.
- Following these transactions, Clark beneficially owns 21,068.3548 shares of Expeditors International common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock transaction (acquisition and disposal). |
| 02/25/2025 | Date of signature by Diane Heffner, Stock Plan Administrator, attorney-in-fact. |
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