Bell Blake R 4
4 · EXPEDITORS INTERNATIONAL OF WASHINGTON INC · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Expeditors (EXPD) President Blake R. Bell Receives Award
What Happened
Blake R. Bell, President — Global Business Development at Expeditors International of Washington (EXPD), was granted dividend-equivalent rights tied to restricted stock units. On 2026-06-15 Bell received three awards totaling 68.353 derivative shares (14.553, 31.112 and 22.688 units). All items were recorded at $0.00 (awards/derivative rights), so no cash was paid on acquisition.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (appears timely).
- Awards: 14.553, 31.112 and 22.688 dividend-equivalent rights; total = 68.353 shares. Price: $0.00 (awards/derivative).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1–F3 state these are dividend-equivalent rights that represent the economic equivalent of one common share each and accrue in respect of the 2024, 2025 and 2026 RSU grants, vesting proportionately with the related RSUs.
- Transaction type: A = Award/Grant (derivative dividend-equivalent rights).
Context
These entries are compensation-related derivative awards (dividend equivalents on RSUs), not open-market purchases or sales. Such awards typically reflect standard executive compensation and do not by themselves indicate buying or selling sentiment in the market; the economic value will depend on future vesting and payout.
Insider Transaction Report
- Award
Dividend Equivalent Rights - 2024 RSUs
[F1]2026-06-15+14.553→ 84.192 totalExercise: $0.00→ Common Stock (14.553 underlying) - Award
Dividend Equivalent Rights - 2025 RSUs
[F2]2026-06-15+31.112→ 104.813 totalExercise: $0.00→ Common Stock (31.112 underlying) - Award
Dividend Equivalent Rights - 2026 RSUs
[F3]2026-06-15+22.688→ 22.688 totalExercise: $0.00→ Common Stock (22.688 underlying)
- 62,993.432
Common Stock
Footnotes (3)
- [F1]Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2024 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.
- [F2]Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2025 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.
- [F3]Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2026 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.