Soliday Lance A 4

What Happened

• Lance A. Soliday, SVP & Chief Accounting Officer of Expedia Group (EXPE), converted/settled a total of 4,643 derivative awards (code M) into common stock on February 15, 2026. These conversions were reported at $0 per share (typical for vested RSUs/PSUs rather than a cash-paid option strike).
• To satisfy tax withholding obligations (code F), 1,167 shares were surrendered/withheld at $212.67 per share, totaling $248,186. Net shares issued to Soliday after withholding were 3,476 (4,643 converted minus 1,167 withheld).
• Footnote detail: the filing indicates the 2023 Performance Stock Units (PSUs) settled at 200% of target (maximum payout), consistent with strong performance over the 2023–2025 performance period.

Key Details

• Transaction date: February 15, 2026; Form filed February 18, 2026 (no late filing indicated in the report).
• Conversion entries: 3,516; 365; 330; 253; and 179 shares (total 4,643) reported as exercised/converted (code M) at $0.00.
• Tax withholding: 1,167 shares withheld (code F) at $212.67/share = $248,186.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Relevant footnotes: F1 (shares withheld for taxes), F2 (2023 PSUs vested at 200% — maximum payout); F3–F6 describe RSU vesting schedules.

Context

• This was a conversion/settlement of restricted/performance awards, not an open-market purchase. The $0 per-share reporting reflects the conversion of vested RSUs/PSUs into shares rather than buying stock with cash.
• The withholding of shares to cover taxes is a routine administrative step (cashless tax withholding) and does not necessarily indicate a broader sale of shares beyond that withholding.
• For retail investors: these transactions mainly reflect award vesting and tax withholding. The notable detail is the 2023 PSUs vesting at 200% (maximum), which increased the number of shares issued to the insider.