[Form 4] Expand Energy Corporation Insider Trading Activity

Rhea-AI Filing Summary

Expand Energy Corp (EXE) reported an insider purchase by EVP & COO Joshua J. Viets. On 08/18/2025 Mr. Viets purchased 2,000 shares of common stock at a price of $92.16 per share, bringing his total beneficial ownership to 61,676 shares. The Form 4 was filed as a single reporting person filing and contains no derivative transactions or additional remarks.

Positive

• Executive purchase: EVP & COO Joshua J. Viets acquired 2,000 shares, which can be interpreted as a sign of insider confidence.
• Clear disclosure: Transaction details (date, amount, price, post-transaction holdings) are fully reported on Form 4.

Negative

• None.

Insights

Securities Analyst

TL;DR: An executive-level insider made a direct purchase of company stock, modestly increasing beneficial ownership.

Joshua Viets, EVP & COO, executed a direct purchase of 2,000 common shares at $92.16 each, increasing his holdings to 61,676 shares. The transaction is recorded as a straightforward purchase (code P) and no options or derivative activity is reported. For investors, insider buys can signal confidence by management, but the filing contains no commentary on intent or any material change to company operations or capital structure.

Corporate Governance Expert

TL;DR: Routine Section 16 disclosure of an executive purchase; procedural and compliant based on the filing content.

The Form 4 discloses an SEC-required update to beneficial ownership after a direct acquisition by an officer who is also a director. The filing shows proper identification of the reporting person and transaction details (date, amount, price). There are no amendments, joint filers, or derivative instruments noted. The disclosure meets reporting requirements but does not by itself indicate material governance changes.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
08/18/2025

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	08/18/2025		P		2,000	A	$92.16	61,676	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

Explanation of Responses:

Remarks:

	Michael D. May For JOSHUA J. VIETS	08/18/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did EXE report on Form 4?

The Form 4 reports that EVP & COO Joshua J. Viets purchased 2,000 shares of common stock on 08/18/2025 at $92.16 per share.

How many shares does Joshua J. Viets beneficially own after the transaction?

Following the purchase, Mr. Viets beneficially owns 61,676 shares of Expand Energy Corp common stock.

Were any derivative securities reported in this Form 4 for EXE?

No. The filing shows no derivative securities acquired, disposed of, or beneficially owned; only a non-derivative common stock purchase is reported.

What transaction code was used on the Form 4 for this purchase?

The transaction is reported with code P, indicating a purchase of securities.

Was the Form 4 filed by multiple reporting persons?

No. The form indicates it was filed by one reporting person.