Clinton Chelsea has reported a transaction involving stock units in Expedia Group, Inc., highlighting ongoing compensation strategies within the transportation services sector. This filing, dated October 5, 2026, is significant as it reflects Chelsea's role as a director within the company.
Company Overview
Clinton Chelsea is recognized as an entity involved with various corporate activities but lacks a specific SIC classification. The company recently filed a Form 4 on October 5, 2026, detailing a transaction related to its ownership in Expedia Group, Inc.
What the Filing Says
The SEC filing indicates that Chelsea acquired 48.832 stock units under the Expedia Group, Inc. Non-Employee Director Deferred Compensation Plan. These stock units are convertible into common stock on a 1-for-1 basis. Following this transaction, Chelsea now owns a total of 2,970.002 shares in Expedia Group.
Impact
This transaction may affect investor perceptions regarding corporate governance practices at Expedia Group, Inc. As a director, Chelsea's actions could influence how stakeholders view the company's commitment to aligning executive compensation with shareholder interests.
What's Next
The filing does not say what happens next.
Details of the Transaction
The transaction reported by Chelsea involved the acquisition of 48.832 stock units, which were accrued under the Expedia Group, Inc. Non-Employee Director Deferred Compensation Plan. Notably, this includes 43.904 stock units accrued in lieu of cash compensation for the quarter ended September 30, 2026, alongside an additional 4.928 stock units accrued due to a dividend paid by Expedia Group, Inc. during the same quarter.
Ownership Structure
Following this transaction, Chelsea holds a total of 2,970.002 shares in Expedia Group, Inc., which reflects direct ownership. The filing confirms that the stock units are convertible into common stock on a 1-for-1 basis, and they will be settled in shares after Chelsea's termination of services as a director.
Legal and Compliance Aspects
The filing was submitted under the SEC Act of 1934, indicating compliance with regulatory requirements for reporting ownership changes. The transaction code 'A' signifies an acquisition of stock units, which is a standard classification for such filings.
Additional Context
The filing does not include any information regarding Chelsea's future plans or intentions regarding the shares held in Expedia Group, Inc., nor does it provide insights into the broader implications of this transaction on the company's stock performance or governance strategies.