KHOSROWSHAHI DARA 4

What Happened

• Dara Khosrowshahi, listed as a Director of Expedia Group (EXPE), reported exercise/conversion of derivative awards (code M) and a grant of restricted stock units (RSUs, code A) on June 1, 2026.
• The filing shows acquisitions of 871, 738 and 499 derivative shares (total 2,108) and corresponding dispositions of the same 2,108 derivative shares, all at $0.00 per share. The report also shows a grant/award of 1,107 RSUs at $0.00.
• No cash amount is reported in the filing for these entries.

Key Details

• Transaction date(s): June 1, 2026; Form 4 filed: June 2, 2026 (filed the next day).
• Prices: all transactions reported at $0.00 per share.
• Shares involved: exercised/converted derivatives — 871, 738, 499 (total 2,108); RSUs granted — 1,107.
• Shares owned after transaction: the reporting person disclaims beneficial ownership of these shares (Footnote F1).
• Footnotes: F1 — reporting person disclaims beneficial ownership. F2 — RSU vesting: one‑third vests on the first vesting date, with one‑third on each anniversary thereafter until fully vested.
• Timeliness: filing occurred the day after the reported transactions (appears timely under Form 4 rules).

Context

• Code explanations: M = exercise or conversion of derivative (option/other derivative); A = grant/award (RSUs). The form reports both acquisition and disposition entries for the derivatives at $0.00 — the filing does not show cash proceeds, and no further details about net settlement or immediate sale are provided. The RSUs are subject to the stated multi‑year vesting schedule (per F2).
• For retail investors: awards and option exercises reported at $0 can reflect internal conversions, transfers, or withholding/settlement mechanics rather than a market buy or sale; use the ownership and vesting notes to assess potential future share increases.