Bell Blake R 4

What Happened
Blake R. Bell, President, Global Business Development at Expeditors International of Washington (EXPD), received a grant of 4,572 restricted stock units (RSUs) reported on a Form 4 for the 2026-05-05 transaction date. The award is recorded at $0.00 per unit on the Form 4 because RSUs are a contingent right to receive the economic equivalent of one common share rather than an open-market purchase. The RSUs vest in three installments (33% on the first anniversary, 33% on the second, and 34% on the third anniversary of the grant).

Key Details

• Transaction date: 2026-05-05; Form 4 filed 2026-05-07.
• Transaction type/code: Award/Grant (A); derivative security (RSUs) shown at $0.00 on the filing.
• Shares/units granted: 4,572 Restricted Stock Units.
• Vesting: 33% at 1 year, 33% at 2 years, 34% at 3 years (see footnote).
• Footnotes: F1 — each RSU represents a contingent right to the economic equivalent of one common share; F2 — vesting schedule as above.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form filed within two days of the transaction date (no late filing indicated in the provided data).

Context: This is a compensation grant (RSUs), not a purchase or sale of shares. RSUs represent potential future share deliveries subject to vesting and do not reflect an immediate market buy/sell by the insider.