Blacker Kelly K 4

What Happened
Kelly K. Blacker, President, Global Geographies of Expeditors International of Washington, was granted 6,534 restricted stock units (RSUs) on 2026-05-05. The Form 4 reports an acquisition at $0.00 per unit (common for RSU awards); no cash was paid at grant and the immediate reported value is $0 on the filing. This is an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-05; Form 4 filed 2026-05-07 (timely filing).
• Award: 6,534 RSUs; reported acquisition price $0.00 (award/grant).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: F1 — each RSU represents a contingent right to the economic equivalent of one common share; F2 — RSUs vest in three installments: 33% at 1 year, 33% at 2 years, 34% at 3 years.
• Transaction type: A (award/grant); derivative instrument (RSU).

Context
RSUs are compensation awards that convert to shares (or cash equivalent) only upon vesting; they do not represent immediately tradable shares or an open-market purchase. Because vesting is spread over three years, any eventual share issuance will be staggered. Awards are common executive compensation and do not by themselves indicate insider buying or selling intent.