Andersen Derek 4

What Happened
Derek Andersen, CFO of Expedia Group (EXPE), had 7,223 restricted stock units (RSUs convert/derive to common shares) vest on May 15, 2026. The filing reports conversion/exercise of 7,223 derivative units at $0.00 (no cash exercise price). To cover tax withholding, 2,244 shares were withheld/disposed at $217.17 per share, generating approximately $487,329; the net shares issued to Andersen were 4,979 (7,223 - 2,244). This is a routine vesting/tax-withholding transaction rather than an open-market sale or purchase.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 19, 2026. (Filed four days after the transaction; Form 4s are typically due within two business days.)
• Activity: Exercise/conversion of 7,223 RSUs (transaction code M) and withholding of 2,244 shares for taxes (transaction code F).
• Withholding price/value: $217.17 per share; total value withheld ≈ $487,329.
• Net shares received: 4,979 shares (7,223 vested minus 2,244 withheld).
• Shares owned after transaction: Not disclosed in the provided extract.
• Footnotes: F1 = shares withheld to pay taxes on RSU vesting. F2 = this RSU award vests 1/12 on May 15, 2026, then quarterly (Aug 15, Nov 15, Feb 15, May 15) until fully vested Feb 15, 2029.

Context
This transaction reflects routine RSU vesting and tax withholding (a cashless net-settlement), not an opportunistic open-market sale or new purchase signal. For derivative/option language: the "M" codes here indicate conversion/exercise of equity awards (RSUs converted into shares) rather than a cash purchase. The filing timing (May 19 for May 15 actions) is later than the usual two-business-day Form 4 reporting window.