UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction | (Commission | (IRS Employer | |||
of incorporation) | File Number) | Identification No.) |
(Address of principal executive offices) | (Zip Code) | |
( | ||
(Registrant’s telephone number, including area code) | ||
Not applicable | ||
(Former name or former address, if changed since last report.) | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to section 12(b) of the Act:
Title of Each Class | Trading Symbol(s) | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02(e) | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 23, 2025, the Board of Directors (the “Board”) of eXp World Holdings, Inc. (the “Company”) approved a modification to the cash compensation structure for the following executive officers of the Company: Leo Pareja, Chief Executive Officer of eXp Realty, Wendy Forsythe, Chief Marketing Officer, and James Bramble, Chief Legal Counsel and Corporate Secretary (the “Covered Officers”). Specifically, effective January 1, 2026, the Covered Officers will no longer participate in the Company’s discretionary annual cash bonus program and, instead, each Covered Officer’s annual base salary will increase by an amount equal to the maximum annual bonus target amount applicable to such Covered Officer.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| eXp World Holdings, Inc. |
| (Registrant) |
|
|
Date: December 30, 2025 | /s/ James Bramble |
| James Bramble |
| Chief Legal Counsel |