Expeditors International of Washington Inc. reported an insider ownership change for Daniel R. Wall involving common stock–linked compensation awards dated June 15, 2026. The Form 4 was signed on June 17, 2026 by Diane Heffner, Stock Plan Administrator, acting as attorney-in-fact for Wall. The filing describes the accrual of dividend equivalent rights tied to restricted stock unit awards granted in 2024, 2025 and 2026. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one share of Expeditors common stock. These rights accrued in respect of the corresponding RSU grants and will vest proportionately with the restricted stock units to which they relate. The reported action appears to be compensation-related rather than an open-market purchase or sale. Dividend equivalent rights are commonly credited when a company pays dividends on its common stock, allowing holders of unvested RSUs to receive comparable economic value if and when the underlying RSUs vest. The provided filing text does not show the transaction-table details that would normally list transaction codes, exact numbers of rights or shares, prices, or Wall’s beneficial ownership following the transaction. As presented, the key reported event is the addition or accrual of dividend equivalent rights associated with Wall’s existing 2024, 2025 and 2026 RSU awards, with vesting tied directly to those underlying restricted stock units.