EXPAND ENERGY director granted 2,746 shares

Q: What price was used for Brian Steck’s EXPAND ENERGY (EXE) share grant?

The grant used a reference price of $96.53 per share, described as the weighted average volume price, or VWAP, over the 30 trading days ending on Wednesday, June 3, 2026, according to the filing’s footnote.

EXPAND ENERGY Corp director Brian Steck received a grant of 2,746 shares of common stock, valued at a reference price of $96.53 per share.

Filing Impact

(Moderate)

Filing Sentiment

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Form Type

Rhea-AI Filing Summary

EXPAND ENERGY Corp director Brian Steck received a grant of 2,746 shares of common stock, valued at a reference price of $96.53 per share. The shares were acquired as a compensation-related grant, not an open-market purchase. Following this award, he directly holds 20,258 common shares.

Insider Trade Summary

Grant/Award: 2,746 shares

Grant/Award 1 txn

Insider Steck Brian

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,746	$96.53	$265K

Holdings After Transaction: Common Stock — 20,258 shares (Direct)

Footnotes (1)

F1. Represents the weighted average volume price, or "VWAP," over the 30 trading days ending on Wednesday, June 3, 2026.

Key Figures

Shares granted: 2,746 shares Reference price: $96.53 per share Shares held after transaction: 20,258 shares

3 metrics

Shares granted 2,746 shares Common Stock grant on June 4, 2026

Reference price $96.53 per share Weighted average volume price over 30 trading days ending June 3, 2026

Shares held after transaction 20,258 shares Direct common stock holdings following grant

Key Terms

Grant, award, or other acquisition, VWAP, Form 4

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

VWAP financial

"Represents the weighted average volume price, or "VWAP," over the 30 trading days"

VWAP, or Volume-Weighted Average Price, is a way to find the average price of a stock throughout the trading day, giving more importance to times when more shares are traded. It helps traders see the typical price and decide whether a stock is expensive or cheap compared to its average, similar to finding the average speed during a trip by giving more weight to times when you traveled faster or slower.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did EXPAND ENERGY (EXE) director Brian Steck report on this Form 4?

Brian Steck reported receiving 2,746 shares of EXPAND ENERGY common stock as a grant. This compensation-related acquisition increased his direct holdings to 20,258 shares, reflecting an equity award rather than an open-market stock purchase.

Was Brian Steck’s EXPAND ENERGY (EXE) transaction a stock purchase or a grant?

The filing describes the transaction as a grant or award acquisition, not a market purchase. Code "A" and the description "Grant, award, or other acquisition" indicate these 2,746 shares were issued as compensation, rather than bought on the open market.

How many EXPAND ENERGY (EXE) shares does Brian Steck hold after this grant?

After receiving the 2,746-share grant, Brian Steck directly holds 20,258 shares of EXPAND ENERGY common stock. This total reflects his position immediately following the reported compensation-related award on the transaction date.

Does this EXPAND ENERGY (EXE) Form 4 show any stock sales by Brian Steck?

No sales are reported in this Form 4. The transaction summary shows one acquisition coded as a grant or award and zero sales, gifts, tax withholdings, or derivative exercises for the reported period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/08/2026 - 04:52 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Steck Brian

(Last)

(First)

(Middle)

10000 ENERGY DRIVE

(Street)

SPRING

TEXAS

77389

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EXPAND ENERGY Corp [ EXE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/04/2026		A		2,746	A	$96.53⁽¹⁾	20,258	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the weighted average volume price, or "VWAP," over the 30 trading days ending on Wednesday, June 3, 2026.

Remarks:

	Chris Lacy For: BRIAN STECK	06/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR