Dzielak Robert J 4
Research Summary
AI-generated summary
Expedia (EXPE) CLO Robert Dzielak Receives RSUs; Shares Withheld
What Happened
- Robert J. Dzielak, Chief Legal Officer & Secretary of Expedia Group (EXPE), had 2,304 derivative awards convert into common stock on 2026-04-15 (listed as exercise/conversion of a derivative, code M). Of those shares, 920 were withheld/disposed to cover tax withholding at $248.57 per share, totaling $228,684 (code F). The conversion shows $0 exercise price, consistent with restricted stock units (RSUs) vesting.
Key Details
- Transaction date: 2026-04-15.
- Conversion: 2,304 shares via derivative exercise/conversion (M) at $0.00 (i.e., RSU vesting/conversion).
- Tax withholding: 920 shares withheld (disposed) at $248.57 per share = $228,684 (code F).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 confirms shares were withheld to pay taxes on RSU vesting; F2 describes the RSU vesting schedule (one-sixth vests on first vesting date, then one-sixth each quarter thereafter).
- Filing timeliness: No late-filing flag noted in the provided data.
Context
- This was essentially RSU vesting rather than an open-market buy or an outright sale; the withheld shares represent a routine cashless tax-withholding to satisfy tax obligations on vested awards. Such withholding is standard and does not necessarily signal a change in the insider’s market view.