Clinton Chelsea 4
Research Summary
AI-generated summary
Expedia (EXPE) Director Clinton Chelsea Receives Award
What Happened
Clinton Chelsea, a director of Expedia Group, was granted 34.215 stock units on 2026-07-01 under the Expedia Group, Inc. Non-Employee Director Deferred Compensation Plan. The units were reported at $0.00 (award/derivative) and are convertible into common stock on a 1-for-1 basis. Per the filing, 28.463 of the units represent deferred director cash compensation for the quarter ended June 30, 2026, and 5.752 units represent dividend equivalents for that quarter.
Key Details
- Transaction date: 2026-07-01 (Form 4 filed same day).
- Transaction type/code: Award/Grant (A); derivative stock units.
- Amount: 34.215 stock units; reported price $0.00.
- Breakdown: 28.463 stock units from deferred cash compensation + 5.752 stock units as dividend equivalents.
- Conversion/settlement: Units convert 1-for-1 to common shares and are to be settled in shares after the reporting person’s termination of service as a director.
- Shares owned after transaction: not specified in the filing.
- Timeliness: Filing appears timely (transaction and report dated 2026-07-01).
Context
This was a routine director compensation grant (deferred stock units), not an open‑market purchase or sale. Such awards are common for non‑employee directors and are typically settled in stock at a later date (here, after leaving the board). Because these are deferred compensation units rather than an immediate market purchase, they should be viewed as administrative compensation rather than a direct bullish or bearish trading signal.