Jacobson Craig A 4
Research Summary
AI-generated summary
Expedia (EXPE) Director Craig Jacobson Exercises Derivatives, Receives RSUs
What Happened
Craig A. Jacobson, a director of Expedia Group, reported multiple derivative exercises/conversions and an award on 2026-06-01. He exercised or converted a total of 2,108 derivative shares (871 + 738 + 499) which were also reported as disposed on the same date. He additionally received a grant/award of 1,107 shares (RSUs). All transactions are reported at a $0.00 per-share price in the filing.
Key Details
- Transaction date(s): 2026-06-01; Form 4 filed 2026-06-02 (next day).
- Derivative exercise/conversion (code M): acquired 871, 738, and 499 shares (total 2,108) at $0.00, and disposed the same 871, 738, and 499 shares the same date (dispositions reported as derivative).
- Grant/award (code A): 1,107 shares acquired at $0.00 (reported as RSUs).
- Net reported change on-file: +1,107 awarded RSUs (the 2,108 exercised shares were disposed same-day).
- Footnote: RSU vesting schedule noted — one-third vests on first vesting date, then one-third on each anniversary until fully vested.
- Shares owned after the transactions are not specified in the provided filing details. The filing was submitted within the typical two-business-day Form 4 window.
Context
- M = exercise/conversion of a derivative; A = grant/award. The same-day acquisition and disposition of equal derivative share counts indicate the converted shares were sold or otherwise transferred on the conversion date (the filing records no cash price).
- Awarded RSUs will vest over time per the footnote schedule and represent future economic interest rather than an immediate cash transaction.
- This summary is factual reporting of the Form 4 entries and does not infer the insider’s motivations.