Expand Energy (EXE) COO logs performance share gains and tax withholding moves
Rhea-AI Filing Summary
Expand Energy Corp EVP & COO Joshua J. Viets reported multiple equity compensation transactions involving performance share units and common stock. On March 15, 2026, he exercised performance share units into 13,626 and 1,110 shares of common stock, reflecting achievement of absolute and relative total shareholder return goals before tax withholding.
He also received grants of 12,618 performance share units tied to absolute total shareholder return and 12,618 units tied to relative total shareholder return, each representing a contingent right to receive from zero to two shares of common stock through March 15, 2029. In addition, he acquired 10,815 shares of common stock as a grant or award.
To cover tax obligations on vesting, 3,728 and 6,462 shares of common stock were forfeited back to the company at a price of $107.02 per share based on a 30-day VWAP. After these transactions, Viets directly holds 77,037 shares of Expand Energy common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Unit | 13,626 | $0.00 | -- |
| Exercise | Performance Share Unit | 1,110 | $0.00 | -- |
| Grant/Award | Performance Share Unit | 12,618 | $0.00 | -- |
| Grant/Award | Performance Share Unit | 12,618 | $0.00 | -- |
| Grant/Award | Common Stock | 10,815 | $0.00 | -- |
| Exercise | Common Stock | 13,626 | $0.00 | -- |
| Exercise | Common Stock | 1,110 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,728 | $107.02 | $399K |
| Tax Withholding | Common Stock | 6,462 | $107.02 | $692K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Expand common stock. Each performance share unit represented 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. Effective March 15, 2026, the Reporting Person was entitled to receive 13,626 shares of common stock, before tax withholding obligations. Each performance share unit represented 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. Effective March 15, 2026, the Reporting Person was entitled to receive 1,110 shares of common stock, before tax withholding obligations. 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. These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the vesting of a previously disclosed performance share unit award. 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.
