Hackett David A 4

What Happened

• David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington (EXPD), received a grant of 4,899 restricted stock units (RSUs) on May 5, 2026. The award was recorded at $0.00 on the Form 4 (derivative award), meaning no cash was exchanged at grant.
• This is an equity compensation award (not a purchase or sale). RSUs are a contingent right to receive the economic equivalent of one common share upon vesting; the grant does not immediately transfer shares or represent a market buy.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (Accession: 0001193125-26-212241).
• Award: 4,899 Restricted Stock Units; reported price $0.00 (derivative award).
• Vesting schedule (footnotes): the RSU award vests in three installments — 33% on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary. Each RSU represents a contingent right to the economic equivalent of one common share.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: filing date is listed as May 7 for a May 5 transaction; the filing does not indicate a late-report flag in the information provided.

Context

• RSU grants are standard compensation for executives and do not immediately change share ownership or indicate a direct buy/sell signal. Value to the insider and conversion to actual shares will depend on Expeditors’ stock price at vesting and any applicable tax withholding.