Von Furstenberg Alexander 4
Research Summary
AI-generated summary
Expedia (EXPE) Director Von Furstenberg Exercises Derivatives, Gets RSUs
What Happened
- Alexander Von Furstenberg, a director of Expedia Group (EXPE), reported exercise/conversion of derivative securities on June 1, 2026, acquiring 2,108 shares in three derivative transactions (871, 738, and 499 shares) at $0.00 each and simultaneously reporting dispositions of those same derivative amounts. The filing also shows a grant/award of 1,107 restricted stock units (RSUs) at $0.00.
- All reported transactions show $0 cash consideration, so no open‑market purchase or sale proceeds are shown. The derivative entries (transaction code M) indicate exercise/conversion activity; the grant (code A) is an award of RSUs.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (timely filing).
- Reported amounts: 871 + 738 + 499 = 2,108 shares (exercise/conversion acquired and corresponding derivative dispositions); 1,107 RSUs granted.
- Price/value: $0.00 reported for all items (no cash consideration or sale proceeds shown).
- Shares owned after transaction: not specified in the excerpt provided.
- Footnote: F1 — the 1,107 RSUs vest one‑third on the first vesting date and one‑third each anniversary thereafter until fully vested.
- Transaction codes: M = exercise/conversion of derivative; A = grant/award of RSUs.
Context
- Because the derivative transactions and dispositions are reported at $0, this appears to be an internal exercise/settlement (e.g., conversion/settlement of derivatives or similar) rather than an open‑market sale or purchase. The filing does not show cash proceeds or a market sale.
- The RSU grant vests over time per the footnote; such grants are compensation, not an immediate market purchase signal.