Expand Energy (EXE) grants stock and performance units to interim CFO

Rhea-AI Filing Summary

Expand Energy Corp vice president and interim CFO & Treasurer Brittany Raiford reported equity-based compensation and related tax withholding. She received two grants of 1,779 performance share units each, which can convert into from zero to two shares of common stock per unit based on Expand’s absolute and relative total shareholder return over the performance periods. She also received 3,558 restricted stock units, each representing a contingent right to one share of common stock. To cover taxes on a partial vesting of a prior restricted stock unit award, 170 shares of common stock were forfeited back to the company at a value based on a $107.02 30‑day volume-weighted average price. After these transactions, Raiford directly holds 18,448 shares of Expand Energy common stock.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Raiford Brittany

Role VP, Interim CFO & Treasurer

Type	Security	Shares	Price	Value
Grant/Award	Performance Share Unit	1,779	$0.00	--
Grant/Award	Performance Share Unit	1,779	$0.00	--
Grant/Award	Common Stock	3,558	$0.00	--
Tax Withholding	Common Stock	170	$107.02	$18K

Holdings After Transaction: Performance Share Unit — 1,779 shares (Direct); Common Stock — 18,618 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of Expand common stock. These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock unit award. Represents the weighted average volume price, or "VWAP," over the 30 trading days ending on Friday, March 13, 2026. Each performance share unit represents a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's absolute total shareholder return over the applicable performance period. Each performance share unit represents a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's relative total shareholder return over the applicable performance period.

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

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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^*

Raiford Brittany

(Last) (First) (Middle)

10000 ENERGY DRIVE

(Street)

SPRINT TX 77389

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Interim CFO & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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

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

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

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	03/15/2026		A		3,558(1)	A	$0	18,618	D
Common Stock	03/15/2026		F		170(2)	D	$107.02(3)	18,448	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
Performance Share Unit	(4)	03/15/2026		A		1,779		(4)	03/15/2029	Common Stock	1,779(4)	$0	1,779	D
Performance Share Unit	(5)	03/15/2026		A		1,779		(5)	03/15/2029	Common Stock	1,779(5)	$0	1,779	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Expand common stock.

2. These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock unit award.

3. Represents the weighted average volume price, or "VWAP," over the 30 trading days ending on Friday, March 13, 2026.

4. Each performance share unit represents a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's absolute total shareholder return over the applicable performance period.

5. Each performance share unit represents a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's relative total shareholder return over the applicable performance period.

Remarks:

	Michael D. May For: BRITTANY RAIFORD	03/16/2026
	** 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.
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FAQ

What insider transactions did Expand Energy (EXE) report for Brittany Raiford?

Expand Energy reported that VP and interim CFO Brittany Raiford received grants of performance share units and restricted stock units, and had shares forfeited back to the company for tax withholding related to a prior award’s partial vesting.

How many performance share units did Brittany Raiford receive at Expand Energy (EXE)?

Brittany Raiford received two grants of 1,779 performance share units each. Each unit can convert into zero to two shares of Expand Energy common stock, depending on absolute and relative total shareholder return over the applicable performance periods.

What restricted stock unit grant did the Expand Energy (EXE) interim CFO receive?

The interim CFO received 3,558 restricted stock units, each representing a contingent right to receive one share of Expand Energy common stock. These units are part of her equity compensation and typically vest over time based on continued service or performance.

Why were 170 Expand Energy (EXE) shares forfeited in this Form 4 filing?

The 170 shares were forfeited back to Expand Energy to satisfy tax withholding obligations. This was tied to the partial vesting of a previously disclosed restricted stock unit award and was valued using a $107.02 30‑day volume-weighted average price.

How many Expand Energy (EXE) shares does Brittany Raiford hold after these transactions?

Following the reported equity awards and tax-related forfeiture, Brittany Raiford directly holds 18,448 shares of Expand Energy common stock. This figure reflects her updated ownership position after the March 15, 2026 transactions disclosed in the Form 4.

What performance conditions apply to the Expand Energy (EXE) performance share units?

Each performance share unit can deliver zero to two shares of common stock based on total shareholder return. One grant is tied to Expand’s absolute total shareholder return and the other to relative total shareholder return over their respective performance periods.