Dzielak Robert J 4
Research Summary
AI-generated summary
Expedia (EXPE) CLO Robert Dzielak Receives RSUs; Sells 920 Shares
What Happened
- Robert J. Dzielak, Chief Legal Officer & Secretary of Expedia Group (EXPE), had 2,304 restricted stock units (RSUs) convert to common shares on July 15, 2026. The RSU conversion/derivative exercise was recorded at $0.00 exercise price. To cover taxes due on the vesting, 920 shares were withheld/sold at $266.28 each for proceeds of $244,978. After withholding, Dzielak retained the net 1,384 shares.
Key Details
- Transaction dates: RSU vesting/conversion and tax withholding occurred on 2026-07-15; Form filed 2026-07-16 (appears timely).
- Prices and values: conversion/exercise price $0.00; 920 shares withheld at $266.28 per share = $244,978.
- Net shares received: 2,304 vested − 920 withheld = 1,384 shares retained by the insider.
- Footnotes: F1 indicates shares were withheld to pay taxes on the RSU vesting; F2 describes the RSU vesting schedule (one-sixth at first vesting date, then one-sixth quarterly thereafter).
- Transaction codes: M = conversion/exercise of a derivative (RSU conversion here), F = shares withheld for tax liability.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
- This was a routine RSU vesting event with tax withholding (common for employee equity grants), not an open-market purchase or a discretionary sale by the insider. The conversion had no cash exercise price, and the share withholding served to satisfy tax obligations rather than signaling a deliberate sell decision.