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Expro Group (NYSE: XPRO) corrects CEO RSU grant to 119,104 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Expro Group Holdings N.V. filed an amended insider report to correct the size of its President & CEO’s restricted stock grant to 119,104 restricted stock units (RSUs) awarded on February 22, 2025. Each RSU represents one share of common stock upon vesting under the company’s 2022 Long-Term Incentive Plan.

The 119,104 RSUs will vest in three equal annual installments beginning on February 22, 2026. After this correction, the reporting person beneficially owns 441,462 shares, including 59,968 RSUs that vest 50% on February 22, 2026 and 50% on February 22, 2027, and 24,205 RSUs that vest on February 24, 2026.

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Insider Jardon Michael
Role President & CEO
Type Security Shares Price Value
Grant/Award Common Stock, nominal value Euro0.06 119,104 $0.00 --
Holdings After Transaction: Common Stock, nominal value Euro0.06 — 441,462 shares (Direct)
Footnotes (1)
  1. On February 25, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 148,879 restricted stock units ("RSUs") were granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan. In fact, as reported in this amendment, the Reporting Person received 119,104 RSUs. Each RSU represents a contingent right to receive, upon vesting, one share of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock"). The 119,104 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2026. This amount reflects the Reporting Person's direct ownership as of the date of this amendment. Also includes (i) 59,968 RSUs that will vest 50% on February 22, 2026 and 50% on February 22, 2027 and (ii) 24,205 RSUs that will vest on February 24, 2026.
Form 4 Insider Transactions: What Each Field Means →
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*
Jardon Michael
(Last) (First) (Middle)
C/O EXPRO GROUP HOLDINGS N.V.
1311 BROADFIELD BLVD., SUITE 400
(Street)
HOUSTON TX 77084
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EXPRO GROUP HOLDINGS N.V. [ XPRO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/25/2025 		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, nominal value Euro0.06 02/22/2025 A 119,104(1) A $0 441,462(2) 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:
1. On February 25, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 148,879 restricted stock units ("RSUs") were granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan. In fact, as reported in this amendment, the Reporting Person received 119,104 RSUs. Each RSU represents a contingent right to receive, upon vesting, one share of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock"). The 119,104 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2026.
2. This amount reflects the Reporting Person's direct ownership as of the date of this amendment. Also includes (i) 59,968 RSUs that will vest 50% on February 22, 2026 and 50% on February 22, 2027 and (ii) 24,205 RSUs that will vest on February 24, 2026.
/s/ Josh Hancock, as Attorney-in-Fact 01/16/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Expro Group Holdings (XPRO) disclose in this Form 4/A?

The company disclosed an amended insider report correcting its President & CEO’s equity award to 119,104 restricted stock units (RSUs) granted on February 22, 2025.

How many RSUs did the Expro (XPRO) CEO actually receive?

The CEO received 119,104 RSUs, not 148,879 as previously reported. Each RSU is a right to receive one share of Expro common stock upon vesting.

What was wrong with the prior Expro (XPRO) insider filing?

A prior filing on February 25, 2025 inadvertently stated that 148,879 RSUs were granted. The amendment corrects this to 119,104 RSUs.

When do the newly reported 119,104 RSUs for XPRO’s CEO vest?

The 119,104 RSUs vest ratably in three annual installments, beginning on February 22, 2026, with additional installments in the following two years.

How many Expro (XPRO) shares does the CEO beneficially own after this amendment?

Following the corrected grant, the reporting person beneficially owns 441,462 shares of Expro common stock in total.

What other unvested RSUs does the Expro (XPRO) CEO hold?

The total includes 59,968 RSUs vesting 50% on February 22, 2026 and 50% on February 22, 2027, and 24,205 RSUs vesting on February 24, 2026.