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.

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

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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^*

Viets Joshua J.

(Last) (First) (Middle)

6100 N. WESTERN AVE.

(Street)

OKLAHOMA CITY OK 73116

(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)
	EVP & COO

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		10,815(1)	A	$0	72,491	D
Common Stock	03/15/2026		M		13,626(2)	A	$0	86,117	D
Common Stock	03/15/2026		M		1,110(3)	A	$0	87,227	D
Common Stock	03/15/2026		F		3,728(4)	D	$107.02(5)	83,499	D
Common Stock	03/15/2026		F		6,462(6)	D	$107.02(5)	77,037	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	(2)	03/15/2026		M			13,626	03/15/2026	03/15/2026	Common Stock	13,626(2)	$0	0	D
Performance Share Unit	(3)	03/15/2026		M			1,110	03/15/2026	03/15/2026	Common Stock	1,110(3)	$0	0	D
Performance Share Unit	(7)	03/15/2026		A		12,618		(7)	03/15/2029	Common Stock	12,618(7)	$0	12,618	D
Performance Share Unit	(8)	03/15/2026		A		12,618		(8)	03/15/2029	Common Stock	12,618(8)	$0	12,618	D

Explanation of Responses:

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

2. 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.

3. 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.

4. 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.

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

6. 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.

7. 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.

8. 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 JOSHUA J. VIETS	03/16/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did Expand Energy (EXE) EVP Joshua Viets report?

Joshua Viets reported exercising performance share units into common stock, receiving new performance share unit and stock grants, and forfeiting shares to cover taxes. These actions are equity compensation events rather than open-market buying or selling of Expand Energy shares.

How many Expand Energy (EXE) performance share units did Joshua Viets exercise and receive?

He exercised performance share units into 13,626 and 1,110 shares of common stock based on performance results. He also received two new performance share unit awards of 12,618 units each, which can convert into up to two shares per unit depending on future total shareholder return.

What common stock grants did Joshua Viets receive from Expand Energy (EXE)?

Viets acquired 10,815 shares of Expand Energy common stock as a grant or award. This grant is part of his equity-based compensation and increases his direct ownership stake in the company, subject to any applicable vesting or holding requirements described in company plans.

Were Joshua Viets’ Expand Energy (EXE) share dispositions open-market sales?

No, the dispositions were tax-withholding events. A total of 3,728 and 6,462 shares of common stock were forfeited back to Expand Energy to satisfy tax obligations on vested equity awards, at a value based on a 30-day VWAP of $107.02 per share.

How many Expand Energy (EXE) shares does Joshua Viets hold after these transactions?

After completing the exercises, grants, and tax-withholding forfeitures, Viets directly holds 77,037 shares of Expand Energy common stock. This figure reflects his post-transaction ownership reported in the Form 4 and provides context for the scale of the compensation-related activity.

What performance conditions apply to Joshua Viets’ new Expand Energy (EXE) performance share units?

Each new performance share unit can deliver from zero to two shares of common stock. Payout depends on Expand Energy’s absolute and relative total shareholder return over the applicable performance periods through March 15, 2029, aligning executive rewards with shareholder returns.