Expro Group (NYSE: XPRO) CEO gets 109,211 RSUs, withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Expro Group Holdings N.V. President & CEO Michael Jardon reported equity compensation and related tax withholding. He received a grant of 109,211 restricted stock units (RSUs) under the 2022 Long-Term Incentive Plan, each convertible into one common share upon vesting. These RSUs will vest in three equal annual installments beginning on February 22, 2027. In connection with separate RSU vesting, the company withheld 27,502 shares at a price of $17.79 per share to cover tax obligations, a non–open-market disposition. Following these transactions, Jardon directly owns 523,171 shares of common stock, including additional RSUs scheduled to vest on specified future dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jardon Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, nominal value Euro0.06 | 109,211 | $0.00 | -- |
| Tax Withholding | Common Stock, nominal value Euro0.06 | 27,502 | $17.79 | $489K |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 550,673 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 109,211 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 27,502 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) 24,205 RSUs that will vest on February 24, 2026, (ii) 29,984 RSUs that will vest on February 22, 2027 and (iii) 79,402 RSUs that will vest 50% on February 22, 2027 and 50% on February 22, 2028.
FAQ
What did Expro (XPRO) CEO Michael Jardon report in this Form 4?
Michael Jardon reported an equity award and a related tax-withholding share disposition. He received 109,211 RSUs and had 27,502 vested shares withheld by Expro Group to satisfy tax obligations tied to RSU vesting events.
How many RSUs did Expro (XPRO) grant to its CEO and how do they vest?
Expro granted CEO Michael Jardon 109,211 restricted stock units. According to the filing, these RSUs will vest in three equal annual installments, starting on February 22, 2027, with each vested unit delivering one share of Expro common stock.
Are Michael Jardon’s Expro (XPRO) transactions open-market buys or sells?
The transactions are equity award-related, not open-market trades. Jardon received 109,211 RSUs as a grant, and 27,502 vested shares were withheld by the company to pay taxes, a standard tax-withholding disposition rather than a discretionary market sale.