Director at EXPAND ENERGY (EXE) granted 2,331 common shares at $96.53

Rhea-AI Filing Summary

EXPAND ENERGY Corp director Duster Benjamin received a stock grant of 2,331 common shares. The shares were acquired on June 4, 2026 at a reported price of $96.53 per share, described as a weighted average volume price over 30 trading days. After this grant, Benjamin directly holds 17,932 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Duster Benjamin

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,331	$96.53	$225K

Holdings After Transaction: Common Stock — 17,932 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 2,331 shares Grant price: $96.53 per share Holdings after transaction: 17,932 shares +1 more

4 metrics

Shares granted 2,331 shares Common Stock grant on June 4, 2026

Grant price $96.53 per share Weighted average volume price over 30 trading days

Holdings after transaction 17,932 shares Total common shares directly held after grant

VWAP period length 30 trading days Period used to calculate the $96.53 VWAP ending June 3, 2026

Key Terms

Grant, award, or other acquisition, VWAP, weighted average volume price, Common Stock

4 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.

weighted average volume price financial

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

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Duster Benjamin

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/04/2026		A		2,331	A	$96.53(1)	17,932	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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: BENJAMIN DUSTER	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)

FAQ

What insider transaction did EXPAND ENERGY (EXE) report for Duster Benjamin?

EXPAND ENERGY reported that director Duster Benjamin acquired 2,331 common shares on June 4, 2026. The Form 4 classifies this as a grant, award, or other acquisition of common stock, not an open-market purchase or sale.

At what price were Duster Benjamin’s EXPAND ENERGY (EXE) shares reported?

The 2,331 granted shares were reported at a price of $96.53 per share. A footnote explains this is the weighted average volume price over the 30 trading days ending on Wednesday, June 3, 2026.

How many EXPAND ENERGY (EXE) shares does Duster Benjamin hold after this grant?

Following the reported grant, Duster Benjamin directly holds 17,932 common shares. This total includes the newly acquired 2,331 shares and represents his direct ownership position as disclosed in the Form 4 filing.

Was Duster Benjamin’s EXPAND ENERGY (EXE) transaction an open-market buy or a grant?

The transaction is coded as “A” on Form 4, meaning a grant, award, or other acquisition. It is not reported as an open-market purchase or sale, but rather as shares awarded to the reporting person.

Does the EXPAND ENERGY (EXE) Form 4 show any stock option exercises or derivative trades?

The filing shows no derivative transactions or option exercises for Duster Benjamin. The derivative summary is empty, and the only reported activity is the non-derivative grant of 2,331 common shares of EXPAND ENERGY Corp.