Clinton Chelsea 4
4 · Expedia Group, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Expedia (EXPE) Director Clinton Chelsea Receives Stock Award
What Happened
Clinton Chelsea, a member of Expedia Group’s board of directors, was granted 55.914 stock units (reported as a derivative award) on April 1, 2026. The units were recorded at $0.00 and are convertible into common stock on a 1-for-1 basis. The award reflects 50.078 stock units accrued in lieu of cash director compensation for the quarter ended March 31, 2026, plus 5.836 stock units credited for a dividend during that quarter.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (appears timely; Form 4s are due within two business days).
- Transaction type/code: Award/Grant (A) — derivative stock units.
- Amount/price: 55.914 stock units @ $0.00.
- Source breakdown: 50.078 units = deferred director compensation; 5.836 units = dividend credit (per footnotes).
- Settlement: Units convert 1-for-1 to Expedia common shares and are to be settled in shares after the director’s termination of services (deferred compensation terms).
- Shares owned after transaction: Not disclosed in this filing.
- No 10b5-1 plan, tax‑withholding, or late‑filing indicator noted in the filing.
Context
This is a routine, non‑cash compensation grant to a non‑employee director under Expedia’s deferred compensation plan, not an open‑market purchase or sale. The units increase the director’s potential future share holdings but do not immediately transfer regular shares to the market. Such awards are common for director compensation and primarily reflect deferred pay/retention rather than an active trading signal.
Insider Transaction Report
- Award
Stock Units
[F1][F2][F3]2026-04-01+55.914→ 2,886.955 total→ Common Stock (55.914 underlying)
Footnotes (3)
- [F1]Stock units are convertible into common stock on a 1-for-1 basis.
- [F2]Represents (as rounded) 50.078 stock units accrued under the Expedia Group, Inc. Non-Employee Director Deferred Compensation Plan (the "Plan") in lieu of director cash compensation for the quarter ended March 31, 2026 and 5.836 stock units accrued under the Plan in connection with a dividend paid by Expedia Group, Inc. during the quarter ended March 31, 2026.
- [F3]Stock units under the Expedia Group, Inc. Non-Employee Director Deferred Compensation Plan are to be settled in shares of common stock of Expedia Group, Inc. after the reporting person's termination of services as a director.