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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
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SCHEDULE 13D 0001570838 XXXXXXXX LIVE Common Stock 02/24/2025 false 0001495932 30212W100 EXP WORLD HOLDINGS, INC. 2219 Rimland Dr., Suite 301 Bellingham WA 98226 James Bramble 360-685-4206 2219 Rimland Dr., Suite 301 Bellingham WA 98226 0001570838 N Glenn Sanford b OO N X1 41837150.00 236053.00 41837150.00 236053.00 42073203.00 N 27.19 IN Includes: (i) 40,003,400 shares of common stock, and (ii) stock options exercisable for an aggregate of 1,833,750 shares of common stock. Shares held by other members of Glenn D. Sanford's household. Based on 154,739,281 shares of common stock issued and outstanding as of January 31, 2025. Common Stock EXP WORLD HOLDINGS, INC. 2219 Rimland Dr., Suite 301 Bellingham WA 98226 Until February 24, 2025, Mr. Sanford was a member of a voting group together with Penny Sanford, pursuant to the statement on Schedule 13D filed with the Securities and Exchange Commission on June 11, 2017 as amended by that certain Amendment No. 1 to Schedule 13D filed on March 8, 2021, as further amended by that certain Amendment No. 2 to Schedule 13D filed on April 23, 2021, as further amended by that certain Amendment No. 3 to Schedule 13D filed on August 24, 2021, as further amended by that certain Amendment No. 4 to Schedule 13D filed on January 25, 2022, as further amended by that certain Amendment No. 5 to Schedule 13D filed on May 9, 2022, as further amended by that certain Amendment No. 6 to Schedule 13D filed on November 2, 2022, as further amended by that certain Amendment No. 7 to Schedule 13D filed on July 31, 2023, as further amended by that certain Amendment No. 8 to Schedule 13D filed on January 12, 2024, as further amended by that certain Amendment No. 9 to Schedule 13D filed on February 19, 2025. This Schedule 13D is being filed to report the termination of the voting group by Mr. Sanford and Ms. Sanford, effective as of February 24, 2025 and to report recent dispositions of stock by Mr. Sanford and his household, including dispositions pursuant to his respective 10b5-1 Sale Plan. This schedule is being filed by Glenn D. Sanford (the "Reporting Person"). The business address for Mr. Sanford is 2219 Rimland Drive, Suite 301, Bellingham, WA 98226. Mr. Sanford is the Chief Executive Officer of the Issuer and Chairman of the Board of the Issuer. During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such law. The Reporting Person is a citizen of the United States. The Reporting Person acquired shares of the Issuer's common stock in 2013 through various transactions, including stock purchase agreements, gifts, and a merger transaction in which he received shares of the Issuer's common stock in exchange for shares and options of eXp Realty International, Inc. Since the 2013 merger of eXp Realty International with the Issuer, the Reporting Person has received additional equity grants in his capacity as an officer and agent of the Issuer, including but not limited to, incentive and performance-based awards issued over time. The Reporting Person acquired the shares of Common Stock of the Issuer for investment purposes. Except as set forth below, the Reporting Person does not have any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. The Reporting Person may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto. Mr. Sanford is eligible to receive awards under the Issuer's equity incentive plan as an officer of the Issuer. Mr. Sanford has entered into Rule 10b5-1 trading plans pursuant to which he may dispose of shares of Common Stock of the Issuer from time to time. See Items 11 and 13 of the cover pages to this Schedule 13D for the aggregate number of shares of Common Stock and percentage of Common Stock beneficially owned by the Reporting Person. As of January 31, 2025, the Reporting Person is the beneficial owner of 42,073,203 shares of Common Stock. Such shares of Common Stock represent beneficial ownership of 27.19% of the outstanding shares of Common Stock. See items 7 through 10 of the cover pages to this Schedule 13D for the number of shares of Common Stock beneficially owned by the Reporting Person as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, and sole or shared power to dispose or to direct the disposition. Schedule A hereto sets forth certain information with respect to transactions by the Reporting Person in shares of Common Stock during the past 60 days. Except as set forth in this Schedule 13D, to the knowledge of the Reporting Person, no person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, securities covered by this Schedule 13D. Not applicable The Reporting Person has received, and may receive in the future, equity grants from the Issuer pursuant to the Issuer's equity incentive plans. These grants have been and may be in the form of restricted stock units ("RSUs") and stock options, each subject to the terms and conditions of the applicable award agreements and the Issuer's standard equity incentive plan documents. Except as set forth above or set forth in the exhibits, there are no contracts, arrangements, understandings or relationships between the Reporting Person and any other person with respect to any securities of the Issuer. Glenn Sanford /s/ Glenn Sanford Glenn Sanford 03/04/2025