Expand Energy EVP forfeits 740 shares for taxes
EXPAND ENERGY Corp executive Daniel F. Turco reported a tax-related share disposition.
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
Exercise Price or Tax Liability: 740 shares
Exercise Price or Tax Liability
1 txn
Insider
Turco Daniel F
Role
EVP-MARKETING & COMMERCIAL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 740 | $99.52 | $74K |
Holdings After Transaction:
Common Stock — 13,590 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.