Hill Jesse P. 4

What Happened

• Jesse P. Hill, Chief Financial Officer of eXp World Holdings (EXPI), had 1,161 shares issued to him on March 14, 2026 as the conversion/vesting of previously granted restricted stock units (RSUs). The conversion price was $0.00. To cover tax obligations, 394 of those shares were withheld (disposed) at an indicated withholding value of $5.72 per share (totaling about $2,254). Net shares retained by Hill from this vesting were 767 shares (1,161 issued − 394 withheld).
• This was not an open-market purchase or sale for investment purposes but routine equity compensation vesting and tax withholding.

Key Details

• Transaction date: 2026-03-14; Form 4 filed: 2026-03-16.
• Primary actions: M = conversion/exercise of derivative (RSU vesting) — 1,161 shares acquired at $0.00; F = shares withheld for taxes — 394 shares disposed at $5.72 (≈ $2,254).
• Net shares received: 767 (after 394 shares withheld for taxes).
• Footnotes: F1 = vesting of RSUs previously granted; F2 = shares withheld to cover tax obligations.
• Post-transaction total holdings: not specified in the excerpt provided.
• Filing timing: filed two days after the transaction date (appears timely based on the filing).

Context

• This was a standard RSU vesting event (equity compensation) rather than an open-market buy or sale. The withholding of 394 shares to cover taxes is a common net-settlement method and does not indicate a market sale by the insider.
• For retail investors, compensation-related issuances are routine and should be treated differently from purchases (which can be a stronger bullish signal) or discretionary sales.