Expand Energy (EXE) EVP forfeits 740 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EXPAND ENERGY Corp executive Daniel F. Turco reported a tax-related share disposition. On the reported date, 740 shares of common stock were forfeited to the company at a reference price of $99.52 per share to satisfy tax withholding obligations tied to the partial vesting of a previously disclosed restricted stock unit award. After this non-market transaction, Turco directly owned 13,590 shares of EXPAND ENERGY common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turco Daniel F
Role
EVP-MARKETING & COMMERCIAL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 740 | $99.52 | $74K |
Holdings After Transaction:
Common Stock — 13,590 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did EXPAND ENERGY (EXE) report for Daniel F. Turco?
EXPAND ENERGY reported that executive Daniel F. Turco forfeited 740 common shares to the company. This tax-withholding disposition was used to cover obligations arising from the partial vesting of a previously granted restricted stock unit award, rather than an open-market sale.
What does transaction code F indicate in the EXPAND ENERGY (EXE) Form 4?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this EXPAND ENERGY Form 4, it shows that 740 shares were forfeited to the issuer to satisfy tax withholding obligations tied to a partially vesting restricted stock unit award.