Schenkel Scott F. 4
4 · Expedia Group, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Expedia (EXPE) CFO Scott Schenkel Receives Equity Awards
What Happened Scott Schenkel, Chief Financial Officer of Expedia Group (EXPE), was granted two equity awards reported as derivative acquisitions on March 9, 2026: 16,694 performance stock units (PSUs) and 20,700 restricted stock units (RSUs). Both awards show an acquisition price of $0.00 and will be settled in Expedia common stock upon vesting. No immediate cash purchase or sale occurred — these are compensation awards, not open-market trades.
Key Details
- Transaction date: 2026-03-09; Form 4 filed 2026-03-11 (appears timely).
- Awards reported: 16,694 PSUs (footnote F1) and 20,700 RSUs (footnote F2); acquisition price $0.00.
- PSU vesting: PSUs were determined earned based on Expedia’s revenue and Adjusted EBITDA performance for the one-year period ending Dec 31, 2025; expected to vest on Feb 15, 2028, subject to continued employment, and will be settled in shares.
- RSU vesting schedule: 1/12 vests May 15, 2026, then one-twelfth vests quarterly (Aug 15, Nov 15, Feb 15, May 15) until fully vested on Feb 15, 2029 (subject to continued employment).
- Shares owned after transaction: not specified in the provided filing.
- Nature of transaction: derivative award/compensation (codes A); not a market buy or sale.
Context These grants reflect compensation tied to performance and time-based vesting and do not represent an open-market purchase or sale by the insider. PSUs are performance-contingent and will convert to shares only if performance and employment conditions are met; RSUs vest on a set schedule. Such awards are routine for executives and should be interpreted as compensation rather than a direct bullish or bearish trade signal.
Insider Transaction Report
- Award
Performance Stock Units
[F1]2026-03-09+16,694→ 16,694 totalExercise: $0.00From: 2028-02-15Exp: 2028-02-15→ Common Stock (16,694 underlying) - Award
Restricted Stock Units
[F2]2026-03-09+20,700→ 20,700 totalExercise: $0.00From: 2026-05-15Exp: 2029-02-15→ Common Stock (20,700 underlying)
Footnotes (2)
- [F1]Represents the number of performance stock units ("PSUs") determined to have been earned based on the compound annual growth rate of Expedia Group's revenue and Adjusted EBITDA for the one-year annual measurement period ending on December 31, 2025 pursuant to the terms and conditions of a PSU award that was granted on March 10, 2025, and which are expected to vest on February 15, 2028, subject to the reporting person's continued employment through the vesting date. The PSUs will be settled in shares of Expedia Group's common stock upon vesting.
- [F2]Date at which first vesting occurs is indicated. One-twelfth (1/12th) of the total RSUs vests on May 15, 2026, with an additional one-twelfth (1/12th) vesting quarterly thereafter on each August 15, November 15, February 15, and May 15, until fully vested on February 15, 2029.