Bell Blake R 4

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.