Wall Daniel R 4

What Happened Daniel R. Wall, President and CEO of Expeditors International of Washington (EXPD), received 10,181 shares of common stock on Feb 25, 2026 upon settlement of a 2023 performance share unit (PSU) award. The award shares were acquired at $0 (award settlement). Simultaneously, 4,081 shares were withheld/disposed to satisfy tax withholding obligations at a per-share value of $138.83, totaling approximately $566,565.

Key Details

• Transaction dates: Feb 25, 2026 (reported Feb 26, 2026).
• Acquisition: 10,181 shares granted/settled (transaction code A) — acquisition price $0.
• Disposition/tax withholding: 4,081 shares withheld (transaction code F) at $138.83/share = $566,565.
• Footnotes: F1 — settlement of a 2023 PSU award for the 2025 performance period, includes Dividend Equivalent Rights. F2 — shares withheld by the issuer to satisfy tax withholding as required by the award agreement (net-of-tax settlement).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Report covers 02/25/2026 and was filed 02/26/2026 (next-day filing).

Context This was a compensation-related settlement (PSU award), not an open-market purchase or voluntary sale. The withholding of shares to satisfy taxes is routine for net settlement of equity awards and does not alone indicate a change in personal investment sentiment.