Expedia Group, Inc.·4

Mar 16, 6:28 PM ET

Schenkel Scott F. 4

Research Summary

AI-generated summary

Updated

Expedia (EXPE) CFO Scott Schenkel Exercises RSUs; Shares Withheld

What Happened
Scott F. Schenkel, Chief Financial Officer of Expedia Group, exercised/converted 7,626 restricted stock units (RSUs) into common shares on March 15, 2026. Of those, 3,046 shares were withheld to satisfy tax withholding obligations at an indicated price of $228.37 per share, equal to ~$695,615. The net shares delivered to Schenkel after withholding were 4,580 (7,626 − 3,046). There was no cash exercise price reported for the RSU conversion.

Key Details

  • Transaction date: 2026-03-15; filing date: 2026-03-16 (timely).
  • Actions reported:
    • M (exercise/conversion): 7,626 shares acquired at $0.00 (RSU conversion).
    • F (tax withholding): 3,046 shares withheld/ disposed at $228.37 each = $695,615.
    • A corresponding derivative disposition line shows the 7,626-share conversion.
  • Net shares received: 4,580.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes:
    • F1: Withheld shares represent payment of taxes due upon RSU vesting.
    • F2: Vesting schedule noted — 35% vests at the first vesting date, then quarterly installments (8.75% on Mar/Jun/Sep/Dec 2026; 7.50% on those dates in 2027) until fully vested.

Context
This was an RSU vesting event (conversion of restricted stock units), not an open-market sale or purchase. Withholding shares to cover tax obligations is routine and should not be interpreted as an active sale by the insider beyond meeting tax liability. Transaction codes: M = exercise/conversion of a derivative (RSU), F = shares withheld for taxes.