Expro Group (XPRO) CFO shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EXPRO GROUP HOLDINGS N.V. Chief Financial Officer Sergio L. Jr. Maiworm reported a routine share adjustment related to restricted stock units. In connection with RSU vesting, the company withheld 5,613 shares of common stock at $14.24 per share to satisfy tax withholding obligations.
After this tax-withholding disposition, Maiworm directly holds 365,325 shares of common stock. His position also includes unvested RSUs that are scheduled to vest in future years, providing additional equity-based compensation over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maiworm Sergio L. Jr.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, nominal value Euro0.06 | 5,613 | $14.24 | $80K |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 365,325 shares (Direct, null)
Footnotes (1)
- In connection with the vesting of restricted stock units ("RSUs"), the Issuer withheld 5,613 vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on June 29, 2026. Also includes (i) 42,105 RSUs that will vest ratably in three annual installments beginning on February 22, 2027, (ii) 28,528 RSUs that will vest 50% on June 30, 2027 and 50% on June 30, 2028 and (iii) 286,041 RSUs that will vest on June 30, 2028.
Key Figures
Tax-withheld shares: 5,613 shares
Withholding price: $14.24 per share
Shares held after transaction: 365,325 shares
+3 more
6 metrics
Tax-withheld shares
5,613 shares
Shares withheld to satisfy tax withholding obligations on RSU vesting
Withholding price
$14.24 per share
Price used to determine number of shares withheld on June 29, 2026
Shares held after transaction
365,325 shares
Direct common stock ownership following tax-withholding disposition
RSUs vesting annually
42,105 RSUs
To vest ratably in three annual installments beginning February 22, 2027
Two-tranche RSUs
28,528 RSUs
Vesting 50% on June 30, 2027 and 50% on June 30, 2028
Single-date RSUs
286,041 RSUs
Scheduled to vest on June 30, 2028
Key Terms
restricted stock units ("RSUs"), tax withholding obligations, vesting, transaction code F
4 terms
restricted stock units ("RSUs") financial
"In connection with the vesting of restricted stock units ("RSUs"), the Issuer withheld 5,613 vested shares"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"the Issuer withheld 5,613 vested shares to satisfy tax withholding obligations"
vesting financial
"Also includes (i) 42,105 RSUs that will vest ratably in three annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
transaction code F financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities"
FAQ
What did Expro Group (XPRO) CFO report in this Form 4 filing?
Expro Group’s CFO reported that 5,613 common shares were withheld to cover tax obligations on vested RSUs. This is a non-market, tax-withholding disposition and part of his equity compensation administration.
Is the Expro Group (XPRO) CFO’s Form 4 transaction an open-market sale?
No, the transaction is coded “F” and described as a tax-withholding disposition. Shares were withheld by the issuer to pay tax on vested RSUs, rather than sold by the CFO in the open market.
What future RSU vesting does the Expro Group (XPRO) CFO have?
The CFO’s holdings also include 42,105 RSUs vesting in three annual installments from February 22, 2027, 28,528 RSUs vesting 50% on June 30, 2027 and 50% on June 30, 2028, and 286,041 RSUs vesting on June 30, 2028.
What does transaction code F mean in the Expro Group (XPRO) CFO filing?
Transaction code F indicates payment of an exercise price or tax liability with securities. Here, 5,613 vested shares were withheld by the issuer to satisfy the CFO’s tax withholding obligations related to RSU vesting.