Expedia Group, Inc. Files Definitive Proxy Statement (DEF 14A)

Ticker: EXPE · Form: DEF 14A · Filed: Apr 29, 2024 · CIK: 1324424

Sentiment: neutral

Topics: Expedia, DEF 14A, Proxy Statement, Executive Compensation, Equity Awards

TL;DR

<b>Expedia Group, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the fiscal year ending December 31, 2023, detailing executive compensation and equity awards.</b>

AI Summary

Expedia Group, Inc. (EXPE) filed a Proxy Statement (DEF 14A) with the SEC on April 29, 2024. Expedia Group, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 29, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 1111 Expedia Group Way W., Seattle, WA 98119. The filing includes information on equity awards granted and outstanding for the fiscal years 2020-2023. The filing details changes in the fair value of equity awards granted in prior years.

Why It Matters

For investors and stakeholders tracking Expedia Group, Inc., this filing contains several important signals. This DEF 14A filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions at the upcoming annual meeting. The detailed breakdown of equity awards, including fair values and changes, provides transparency into how executive performance is incentivized and rewarded.

Risk Assessment

Risk Level: — Expedia Group, Inc. shows moderate risk based on this filing. The filing is a standard proxy statement (DEF 14A) and does not contain new financial performance data or significant operational changes, indicating a routine disclosure.

Analyst Insight

Shareholders should review the executive compensation details and equity award information to understand management's incentives and potential impact on future performance.

Key Numbers

Key Players & Entities

FAQ

When did Expedia Group, Inc. file this DEF 14A?

Expedia Group, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 29, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Expedia Group, Inc. (EXPE).

Where can I read the original DEF 14A filing from Expedia Group, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Expedia Group, Inc..

What are the key takeaways from Expedia Group, Inc.'s DEF 14A?

Expedia Group, Inc. filed this DEF 14A on April 29, 2024. Key takeaways: Expedia Group, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 29, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 1111 Expedia Group Way W., Seattle, WA 98119..

Is Expedia Group, Inc. a risky investment based on this filing?

Based on this DEF 14A, Expedia Group, Inc. presents a moderate-risk profile. The filing is a standard proxy statement (DEF 14A) and does not contain new financial performance data or significant operational changes, indicating a routine disclosure.

What should investors do after reading Expedia Group, Inc.'s DEF 14A?

Shareholders should review the executive compensation details and equity award information to understand management's incentives and potential impact on future performance. The overall sentiment from this filing is neutral.

How does Expedia Group, Inc. compare to its industry peers?

Expedia Group operates in the online travel agency (OTA) sector, a highly competitive industry driven by consumer demand, technological innovation, and global economic conditions.

Are there regulatory concerns for Expedia Group, Inc.?

As a publicly traded company, Expedia Group is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) to provide shareholders with information for voting on corporate matters.

Industry Context

Expedia Group operates in the online travel agency (OTA) sector, a highly competitive industry driven by consumer demand, technological innovation, and global economic conditions.

Regulatory Implications

As a publicly traded company, Expedia Group is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) to provide shareholders with information for voting on corporate matters.

What Investors Should Do

  1. Review the detailed executive compensation tables and narrative disclosures.
  2. Analyze the equity awards granted, vested, and outstanding for key executives.
  3. Understand the proposals being presented to shareholders for a vote at the annual meeting.

Key Dates

Year-Over-Year Comparison

This filing is a DEF 14A, a routine proxy statement, and does not represent a change from previous filings in terms of format or purpose, but provides updated information for the current fiscal year.

Filing Stats: 4,689 words · 19 min read · ~16 pages · Grade level 13.9 · Accepted 2024-04-29 06:45:37

Key Financial Figures

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 36 Beneficial Ownership Table 36 INFORMATION CONCERNING EXECUTIVE OFFICERS 38 Expedia Group i 2023 Proxy Statement COMPENSATION DISCUSSION AND ANALYSIS 39 Overview 39 Recent Executive Transition 39 Stockholder Advisory Vote on Named Executive Officer Compensation and Stockholder Engagement 39 Compensation Program Philosophy and Objectives 42 Compensation-Setting Process 42 Compensation Program Elements 42 202 3 Annual Com pensation Review 47 Other Executive Compensation Practices and Policies 49 Tax and Accounting Considerations 51 Change in Control 51 Severance 51 COMPENSATION COMMITTEE REPORT 53

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 54 202 3 Summary Compensation Table 54 202 3 Grants of Plan-Based Awards 56 Outstanding Equity Awards at 202 3 Year-End 57 202 3 Option Exercises and Stock Vested 59 Potential Payments Upon Termination or Change in Control 60 Estimated Potential Payments Upon Termination or Change in Control 63 Pay Ratio Disclosure 66 PAY VERSUS PERFORMANCE 67 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 72 Review and Approval or Ratification of Related Person Transactions 72 Relationships Involving Significant Stockholders, Named Executive Officers and Directors 72 OTHER MATTERS 75 Equity Compensation Plan Information 75 Annual Reports 75 Householding 75 Proposals by Stockholders for 202 5 Annual Meeting 76 2022 Proxy Statement ii Expedia Group Procedural Matters Procedural Matters This proxy statement is being furnished to holders of common stock and Class B common stock of Expedia Group, Inc., a Delaware corporation ("Expedia Group", the "Company", "we", "us", "our"), in connection with the solicitation of proxies by Expedia Group's Board of Directors (the "Board" or the "Board of Directors") for use at its 2024 Annual Meeting of Stockholders or any adjournment or postponement thereof (the "2024 Annual Meeting"). Expedia Group's principal offices are located at 1111 Expedia Group Way W., Seattle, Washington 98119. This proxy statement and accompanying materials are being made available to Expedia Group stockholders beginning on or about April 29, 2024. 2024 Annual Meeting Information Date and Time. The 2024 Annual Meeting will be held on June 25, 2024 beginning at 10:30 a.m. Pacific Time. It will be a virtual meeting conducted exclusively via a live audio webcast at www.virtualshareholdermeeting.com/EXPE2024 and there will be no physical meeting location. Access to the Audio Webcast of the 2024 Annual Meeting and Log in Instructions. Online access to the audio webcast will open approxima

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