Clinton Chelsea 4

What Happened

• Clinton Chelsea, a director of Expedia Group, exercised/converting derivatives that resulted in the acquisition of 2,108 shares (871 + 738 + 499) on 2026-06-01 and those same 2,108 shares were disposed the same day. In addition, Chelsea was credited with a 1,107-share award (RSU) on the same date. All transactions show a $0 per-share price (reported acquisition/disposition price = $0), consistent with conversions/awards rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (filed next day, within the SEC’s typical two-business-day window).
• Derivative exercise/conversions (code M): acquired 871, 738, and 499 shares, then the same 871, 738, and 499 shares were reported disposed (same-day).
• Award/grant (code A): 1,107 shares reported acquired at $0 (RSU award).
• Reported prices: $0.00 for all entries — indicates conversion/award treatment, not open-market cash transactions.
• Shares owned after the transactions: not provided in the supplied filing details.
• Footnote: RSU vesting schedule noted — one‑third vests on the first vesting date, with one‑third vesting on each anniversary thereafter until fully vested.

Context

• “M” entries reflect exercise or conversion of derivative securities (options, convertible awards, etc.). The immediate, equal disposals on the same day often occur to satisfy tax withholding or as part of a cashless exercise, but the filing itself only shows the transactions, not the reason.
• The 1,107-share entry is an RSU award subject to a multi-year vesting schedule per the footnote; award entries at $0 generally represent restricted stock unit grants rather than a market purchase.
• Net effect reported here: 2,108 shares acquired via conversion and immediately disposed (net zero from those), plus receipt of 1,107 RSUs — resulting in a net increase of 1,107 awarded RSUs on the report date (based on the provided entries).