ALGER GLENN M 4

What Happened Glenn M. Alger, a director of Expeditors International of Washington, Inc. (EXPD), was granted 1,306 shares of restricted stock that vested in full on May 5, 2026. The Form 4 shows the award was granted at no cost (price $0.00). The filing also reports gift transactions involving the same 1,306 shares on the same date. The award is a grant (code A) and the other movements are reported as gifts (code G); gifts are transfers and do not necessarily indicate buying or selling sentiment.

Key Details

• Transaction date(s): May 5, 2026 (reported on Form 4 filed May 7, 2026). Filing appears timely (within the usual 2-business-day window).
• Shares granted/vested: 1,306 restricted shares; grant price reported $0.00 (total value shown as $0 on the Form 4).
• Subsequent reported movements: gift disposal and gift acquisition of 1,306 shares on the same date (Form shows both G dispositions and G acquisitions).
• Footnotes: F1 — restricted stock award vests in full on May 5, 2026; F2 — award granted at no cost under the company’s 2017 Omnibus Incentive Plan.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• Award vs. market action: This was a restricted stock award that vested, not an open‑market purchase or sale. The reported gifts are transfers and should not be read as a typical insider "sell" or bearish signal.
• Economic value: The Form 4 reports a $0 acquisition price because the shares were granted under the company plan; the actual market value (for tax or portfolio purposes) would be based on the stock price at vesting, which is not provided here.
• Codes: A = Award/Grant; G = Gift.