Pareja Leonardo 4

What Happened Leonardo Pareja, CEO of eXp Realty (eXp World Holdings, ticker EXPI), received 9,372 shares on 2026-02-06 through conversion/vesting of previously granted restricted stock units (reported as a derivative exercise/conversion). No cash exercise price was paid ($0.00 per share). To cover tax obligations, 2,283 of those shares were withheld at $8.66 per share, a withholding value of $19,771. Net new shares retained by Pareja from this event were 7,089 (9,372 acquired less 2,283 withheld).

Key Details

• Transaction date and filing: 2026-02-06 (Form 4 filed 2026-02-06).
• Acquired: 9,372 shares via conversion/vesting (transaction code M), exercise price $0.00.
• Disposed/withheld: 2,283 shares to cover taxes (transaction code F) at $8.66 each, total ~$19,771.
• Footnotes: F1 = vesting of RSUs; F2 = shares withheld for tax obligations.
• Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for post-transaction holdings.
• Timeliness: Filing date matches transaction date provided (no late filing indicated).

Context This was not an open-market purchase or a voluntary sale but the routine vesting/conversion of RSUs and share withholding to satisfy tax liabilities (a common, non-dispositive event). Such withholdings are standard and do not necessarily indicate a change in the insider’s outlook on the company.