Diller Barry 4
Research Summary
AI-generated summary
Expedia (EXPE) Chairman Barry Diller Receives Stock Award
What Happened
Barry Diller, Chairman & Senior Executive and a director of Expedia Group (EXPE), was granted a total of 25,372 equity units on March 9, 2026: 11,327 performance stock units (PSUs) and 14,045 restricted stock units (RSUs). Both entries are reported as awards/derivative acquisitions at $0 per unit (standard for equity grants), not market purchases or sales.
Key Details
- Transaction date(s): March 9, 2026 (reported on Form 4 filed March 11, 2026).
- Awards reported: 11,327 PSUs @ $0 (derivative); 14,045 RSUs @ $0 (derivative). Total = 25,372 units.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes:
- F1 (PSUs): These 11,327 PSUs were determined earned based on Expedia’s revenue and Adjusted EBITDA CAGR for the one-year measurement period ending Dec 31, 2025. They were part of a PSU award granted Mar 10, 2025 and are expected to vest Feb 15, 2028, subject to continued employment; PSUs will settle in common stock at vesting.
- F2 (RSUs): The 14,045 RSUs vest starting May 15, 2026 (1/12th) with an additional 1/12th vesting quarterly on Aug 15, Nov 15, Feb 15 and May 15 thereafter until fully vested on Feb 15, 2029.
- Timeliness: Filing appears timely (transaction 3/9/2026; Form 4 filed 3/11/2026, within the usual two-business-day window).
Context
These are compensation awards (performance- and time-based equity) rather than open-market buys or sales. PSUs reflect performance against company targets and will only convert to shares if performance and continued employment conditions are met; RSUs vest over time. Such awards are common executive compensation and do not by themselves indicate immediate insider buying or selling activity.