secwatch.observer — SEC 8-K summary
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Issuer:     eXp World Holdings, Inc. (EXPI)
CIK:        0001495932
Form:       8-K/A
Filed at:   2026-11-10T21:27:03+00:00
Accession:  0001104659-26-125222
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

AGNT corrects CEO Pareja equity-vesting disclosure; confirms $1.8M salary and Oct. 8 appointment
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- Amendment corrects that on a qualifying termination after the 24-month post-change-in-control period, Pareja's unvested time-based awards vest in full, not pro rata.
- Pareja appointed CEO effective Oct. 8, 2026, succeeding Glenn Sanford, who remains Chairman; Sanford recommended the succession and ended employment roles.
- Pareja's base salary is $1,800,000; promotional grant includes 1,060,814 performance options (0-200% of target TSR vesting) and 573,588 RSUs over three years.
- 2027 annual equity award has $4,897,500 grant-date value, split 50% options and 50% RSUs; qualifying termination gives 18 months salary plus up to 12 months COBRA.
- Pro rata vesting now applies only to qualifying terminations not following a change in control; Employment Agreement terms are otherwise unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495932/000110465926125222/0001104659-26-125222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495932/000110465926125222/agnt-20261002x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-125222

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