MILES RANDALL D 4
Research Summary
AI-generated summary
eXp World (EXPI) Director Randall D. Miles Receives RSU Award
What Happened
Randall D. Miles, a director of eXp World Holdings, was granted 15,152 restricted stock units (RSUs) on 2026-05-08. The Form 4 records the award as a derivative acquisition with an acquisition price of $0.00 (typical for compensation grants). This is an award/compensation event rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-08; Form 4 filed 2026-05-12 (filed within the SEC’s two-business-day window).
- Grant: 15,152 RSUs; reported acquisition price $0.00.
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: F1 — the 15,152 RSUs vest 100% on the earlier of (i) the business day immediately preceding the next annual meeting when the Board is elected, or (ii) the one-year anniversary of the grant, subject to Mr. Miles’ continued board service; F2 — the RSUs do not expire and will either vest or be canceled before the vesting date.
- Transaction type: Award/Grant (derivative RSUs), not an open-market purchase or sale.
Context
RSUs are a form of equity compensation that convert to common shares if and when they vest; they do not represent immediate share ownership or cash proceeds. Director RSU grants are common as part of board compensation and do not by themselves indicate the director’s personal trading sentiment.