Menendez-Cambo Patricia 4
Research Summary
AI-generated summary
Expedia (EXPE) Director Patricia Menendez-Cambo Receives Stock Award
What Happened
- Patricia Menendez-Cambo, a director of Expedia Group, Inc. (EXPE), was granted 74.286 deferred stock units on 2026-04-01. The units were awarded at $0.00 per unit (total $0) and are reported as a derivative award (transaction code A).
- Per the filing, 70.380 of the units were accrued in lieu of director cash compensation for the quarter ended March 31, 2026, and 3.906 units were credited in connection with a dividend during that quarter.
Key Details
- Transaction date: 2026-04-01; filing date: 2026-04-02 (timely).
- Award: 74.286 stock units; price reported: $0.00; total value at grant: $0 (deferred compensation).
- Conversion/settlement: Stock units convert to common stock on a 1-for-1 basis (F1) and will be settled in shares after the reporting person's termination of services as a director (F3).
- Breakdown: 70.380 units from deferred cash compensation + 3.906 units from a dividend (F2).
- Shares owned after the transaction: not specified in the filing.
Context
- These are deferred stock units (not immediately tradable shares). They represent routine director compensation and will be converted to shares only when settled after the director leaves the board.
- Such grants are common for non-employee directors and do not necessarily signal a personal buy or sell decision about the stock.