Expion360 (XPON) awards VP Finance 10,514 fully vested RSUs
Rhea-AI Filing Summary
Expion360 Inc. (XPON) reported that its VP, Finance, as the reporting person, received an equity compensation grant in the form of restricted stock units. The grant covered 10,514 RSUs, each representing a contingent right to receive one share of Expion360 common stock, and these RSUs vested in full on the grant date.
After this award, the reporting person’s holdings consist of 19,211 shares of common stock and 404 shares that may be acquired through stock options exercisable within 60 days of August 25, 2026, for total reported beneficial ownership of 19,615 shares, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,514 shares
Net Buy
1 txn
Insider
Bowin Shawna Lee
Role
VP, Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 10,514 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 19,615 shares (Direct)
Footnotes (2)
- F1. Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share. The RSUs vested in full on the grant date.
- F2. Includes (i) 19,211 shares of Common Stock, and (ii) 404 shares of Common Stock, which the Reporting Person has the right to acquire upon the exercise of stock options exercisable within 60 days of August 25, 2026.
Key Figures
RSUs granted: 10,514 shares
Common Stock held after transaction: 19,211 shares
Stock options exercisable: 404 shares
+2 more
5 metrics
RSUs granted
10,514 shares
Restricted stock units granted to the VP, Finance; vested in full on grant date
Common Stock held after transaction
19,211 shares
Shares of Expion360 Inc. common stock held following the RSU grant
Stock options exercisable
404 shares
Shares the reporting person may acquire upon exercise of stock options exercisable within 60 days of August 25, 2026
Total beneficial ownership after transaction
19,615 shares
Total of common stock and option shares reported as beneficially owned after the award
Transaction price per share
$0.0000
Reported per-share price for the RSU grant classified as a grant/award acquisition
Key Terms
restricted stock units, 2021 Incentive Award Plan, contingent right, beneficially own
4 terms
restricted stock units financial
"Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 Incentive Award Plan financial
"made to the Reporting Person under the Issuer's 2021 Incentive Award Plan"
contingent right financial
"Each RSU represents a contingent right to receive one share"
beneficially own financial
"Includes (i) 19,211 shares of Common Stock, and (ii) 404 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
FAQ
What insider transaction did XPON disclose in this Form 4?
The filing reports that the VP, Finance received a grant of 10,514 restricted stock units (RSUs) of Expion360 Inc., which vested in full on the grant date and represent rights to receive the company’s common stock.
Was the XPON insider transaction a purchase or a grant of stock?
It was a grant of restricted stock units (RSUs) classified as a grant, award, or other acquisition. The transaction did not involve an open-market purchase or sale, and the reported price per share is $0.0000 because it is an award.
Under what plan were the XPON RSUs granted to the VP, Finance?
The 10,514 RSUs were granted under Expion360 Inc.’s 2021 Incentive Award Plan. Each RSU represents a contingent right to receive one share of the company’s common stock, par value $0.001 per share.
Do the granted XPON RSUs vest over time or immediately?
According to the disclosure, the 10,514 RSUs vested in full on the grant date. This means the reporting person’s right to receive the underlying shares became fully vested immediately upon grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.