[Form 3] Expand Energy Corporation Initial Statement of Beneficial Ownership
Brittany Raiford, serving as a director and as VP, Interim CFO & Treasurer of Expand Energy Corporation (EXE), reported direct beneficial ownership of 16,056 common shares. The filing states these include 14,150 restricted stock units convertible into shares and two sets of performance share units of 1,046 each that vest contingent on total shareholder return metrics, exercisable in 2028.
Brittany Raiford, membro del consiglio e Vicepresidente nonché CFO e tesoriere ad interim di Expand Energy Corporation (EXE), ha dichiarato la proprietà diretta e beneficiaria di 16.056 azioni ordinarie. La comunicazione specifica che tali azioni comprendono 14.150 unità di azioni vincolate convertibili in azioni e due tranche di unità azionarie legate alla performance di 1.046 ciascuna, che maturano in base a metriche di rendimento totale per gli azionisti e sono esercitabili nel 2028.
Brittany Raiford, que actúa como directora y como VP, CFO interina y tesorera de Expand Energy Corporation (EXE), declaró la propiedad directa y beneficiaria de 16.056 acciones ordinarias. La presentación indica que estas incluyen 14.150 unidades de acciones restringidas convertibles en acciones y dos series de unidades de acciones por rendimiento de 1.046 cada una, que se consolidan en función de métricas de rendimiento total para el accionista y son ejercitables en 2028.
Brittany Raiford는 Expand Energy Corporation(EXE)의 이사 겸 부사장(VP), 임시 최고재무책임자(CFO) 및 재무담당 이사로서 16,056 보통주를 직접 실소유하고 있는 것으로 보고했습니다. 신고서에는 이 중 14,150개의 제한주 단위가 주식으로 전환 가능하며, 총주주수익률 기준에 따라 성과에 따라 취득되는 1,046주씩 두 묶음의 성과주 단위가 포함되어 있고, 이는 2028년에 행사 가능하다고 명시되어 있습니다.
Brittany Raiford, siégeant en tant que directrice et VP, CFO par intérim et trésorière d'Expand Energy Corporation (EXE), a déclaré la propriété directe et bénéficiaire de 16 056 actions ordinaires. Le dossier indique que celles-ci comprennent 14 150 unités d'actions restreintes convertibles en actions et deux séries d'unités d'actions à la performance de 1 046 chacune, qui se dénouent en fonction des mesures de rendement total pour l'actionnaire et sont exerçables en 2028.
Brittany Raiford, tätig als Direktorin sowie VP, kommissarische CFO und Schatzmeisterin von Expand Energy Corporation (EXE), meldete direkten wirtschaftlichen Besitz von 16.056 Stammaktien. Die Meldung besagt, dass diese 14.150 Restricted Stock Units umfassen, die in Aktien umwandelbar sind, sowie zwei Tranchen von Performance-Share-Units zu je 1.046, die abhängig von Kennzahlen zur Gesamtrendite für Aktionäre vesten und 2028 ausübbar sind.
- Insider alignment: Officer holds 14,150 restricted stock units, aligning interests with shareholders
- Performance linkage: Two performance share unit grants tie pay to total shareholder return, encouraging long-term performance
- None.
Insights
TL;DR: Routine insider initial ownership: modest equity stake plus performance-linked units, aligning management incentives with shareholder returns.
The report discloses a direct holding of 16,056 common shares, including 14,150 restricted stock units and two performance-based grants of 1,046 units each. For investors, this is a standard Section 16 disclosure that confirms executive alignment with equity compensation programs rather than a market-moving transfer or sale. The performance share units are structured to pay out based on absolute and relative total shareholder return, creating linkages between executive pay and long-term stock performance.
TL;DR: Governance signal: executive-level appointment with typical equity-based incentives, showing retention and performance orientation.
This initial Form 3 identifies an officer who is also a director and holds significant restricted and performance-contingent awards. Such disclosure is consistent with standard governance practices to align senior management with shareholder outcomes. The presence of both restricted stock units and PSUs (absolute and relative TSR metrics) indicates a mixture of retention and performance-based compensation, which is typical for mid-to-senior executives.
Brittany Raiford, membro del consiglio e Vicepresidente nonché CFO e tesoriere ad interim di Expand Energy Corporation (EXE), ha dichiarato la proprietà diretta e beneficiaria di 16.056 azioni ordinarie. La comunicazione specifica che tali azioni comprendono 14.150 unità di azioni vincolate convertibili in azioni e due tranche di unità azionarie legate alla performance di 1.046 ciascuna, che maturano in base a metriche di rendimento totale per gli azionisti e sono esercitabili nel 2028.
Brittany Raiford, que actúa como directora y como VP, CFO interina y tesorera de Expand Energy Corporation (EXE), declaró la propiedad directa y beneficiaria de 16.056 acciones ordinarias. La presentación indica que estas incluyen 14.150 unidades de acciones restringidas convertibles en acciones y dos series de unidades de acciones por rendimiento de 1.046 cada una, que se consolidan en función de métricas de rendimiento total para el accionista y son ejercitables en 2028.
Brittany Raiford는 Expand Energy Corporation(EXE)의 이사 겸 부사장(VP), 임시 최고재무책임자(CFO) 및 재무담당 이사로서 16,056 보통주를 직접 실소유하고 있는 것으로 보고했습니다. 신고서에는 이 중 14,150개의 제한주 단위가 주식으로 전환 가능하며, 총주주수익률 기준에 따라 성과에 따라 취득되는 1,046주씩 두 묶음의 성과주 단위가 포함되어 있고, 이는 2028년에 행사 가능하다고 명시되어 있습니다.
Brittany Raiford, siégeant en tant que directrice et VP, CFO par intérim et trésorière d'Expand Energy Corporation (EXE), a déclaré la propriété directe et bénéficiaire de 16 056 actions ordinaires. Le dossier indique que celles-ci comprennent 14 150 unités d'actions restreintes convertibles en actions et deux séries d'unités d'actions à la performance de 1 046 chacune, qui se dénouent en fonction des mesures de rendement total pour l'actionnaire et sont exerçables en 2028.
Brittany Raiford, tätig als Direktorin sowie VP, kommissarische CFO und Schatzmeisterin von Expand Energy Corporation (EXE), meldete direkten wirtschaftlichen Besitz von 16.056 Stammaktien. Die Meldung besagt, dass diese 14.150 Restricted Stock Units umfassen, die in Aktien umwandelbar sind, sowie zwei Tranchen von Performance-Share-Units zu je 1.046, die abhängig von Kennzahlen zur Gesamtrendite für Aktionäre vesten und 2028 ausübbar sind.
FAQ
What did Brittany Raiford report on her Form 3 for EXE?
What roles does the reporting person hold at Expand Energy (EXE)?
What are the performance share units (PSUs) described in the filing?
Are the reported PSUs exercisable immediately?
Do the reported holdings include indirect ownership?
