Expro Group (XPRO) officer granted 13,980 RSUs, 3,649 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Expro Group Holdings N.V. principal accounting officer Michael Bentham received a grant of 13,980 restricted stock units (RSUs), each representing one future share of common stock upon vesting. These RSUs will vest in three equal annual installments beginning on February 22, 2027.
In connection with RSU vesting, the company withheld 3,649 vested shares at a price of $17.79 per share to cover tax obligations, leaving Bentham with 59,841 common shares held directly. He also holds additional unvested RSUs of 2,248, 2,804 and 10,956 that are scheduled to vest between February 2026 and February 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bentham Michael
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, nominal value Euro0.06 | 13,980 | $0.00 | -- |
| Tax Withholding | Common Stock, nominal value Euro0.06 | 3,649 | $17.79 | $65K |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 63,490 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan. 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 13,980 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2027. In connection with the vesting of RSUs, the Issuer withheld 3,649 vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 20, 2026. Also includes (i) 2,248 RSUs that will vest on February 24, 2026, (ii) 2,804 RSUs that will vest on February 22, 2027 and (iii) 10,956 RSUs that will vest 50% on February 22, 2027 and 50% on February 22, 2028.
FAQ
What did Expro Group (XPRO) disclose about Michael Bentham’s new equity grant?
Expro Group’s principal accounting officer Michael Bentham received 13,980 restricted stock units. Each RSU can convert into one common share, vesting in three equal annual installments starting February 22, 2027, aligning his compensation more closely with long-term shareholder outcomes.
What is the vesting schedule for Michael Bentham’s 13,980 new RSUs at Expro Group (XPRO)?
The 13,980 new RSUs granted to Michael Bentham will vest ratably over three years. Vesting begins on February 22, 2027, with one-third vesting each year, providing a multi‑year incentive tied to Expro Group’s ongoing performance and retention goals.
What additional unvested RSUs does Michael Bentham hold in Expro Group (XPRO)?
Beyond the new grant, Michael Bentham holds 2,248 RSUs vesting February 24, 2026, 2,804 RSUs vesting February 22, 2027, and 10,956 RSUs vesting 50% on February 22, 2027 and 50% on February 22, 2028, creating a staggered vesting profile.