Oak Hill Advisors updates Expro share stake
EXPRO GROUP HOLDINGS N.V. large shareholder Oak Hill Advisors LP, through private investment funds it manages, reported a pro-rata in-kind distribution of 195,899 shares of common stock to fund partners for no consideration.
Rhea-AI Filing Summary
EXPRO GROUP HOLDINGS N.V. large shareholder Oak Hill Advisors LP, through private investment funds it manages, reported a pro-rata in-kind distribution of 195,899 shares of common stock to fund partners for no consideration. The filing shows that Oak Hill–managed advisory entities continue to hold 11,708,513 shares indirectly in one line and 55,293 shares indirectly in another. The disclosure explains that these shares, including those relating to restricted stock units received by certain Oak Hill employees serving on Expro’s board, are held for the benefit of Oak Hill advisory entities and that Oak Hill Advisors LP disclaims beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, (euro)0.06 nominal value per share | 195,899 | $0.00 | $0.00 |
| holding | Common Stock, (euro)0.06 nominal value per share | -- | -- | -- |
Footnotes (4)
- F1. This transaction represents a pro-rata in-kind distribution by certain private investment funds managed by Oak Hill Advisors, L.P. ("OHA", or the "Reporting Person") to their partners for no consideration.
- F2. OHA acts (directly or through an affiliate) as investment adviser to certain funds and client accounts (together, the "Oak Hill Advisory Entities"), with respect to the shares of Common Stock (euro) 0.06 nominal value per share ("Common Stock") directly held by the Oak Hill Advisory Entities. OHA is a subsidiary business of T. Rowe Price Associates, Inc. ("TRP"). OHA's beneficial ownership does not include any shares that may be beneficially owned by TRP. OHA disclaims beneficial ownership of the shares of Common Stock held by the Oak Hill Advisory Entities beyond its respective pecuniary interest therein, if any, for purposes of Section 16 under the Securities Exchange Act of 1934, as amended.
- F3. Reflects securities held by the Oak Hill Advisory Entities. As previously reported, the restricted stock units ("RSUs") previously held by Mr. Alan Schrager, an employee of OHA and former member of the board of directors of the Issuer were, pursuant to the policies of OHA, held for the benefit of certain Oak Hill Advisory Entities. These shares have since been transferred to the entities on whose benefit they were being held.
- F4. As disclosed in the Form 4 filed with the Securities and Exchange Commission on June 3, 2025 by Mr. Eitan Arbeter ("Mr. Arbeter"), an employee of OHA and member of the board of directors of the Issuer, Mr. Arbeter received 17,104 RSUs. Also as disclosed in the Form 4s previously filed by Mr. Arbeter, Mr. Arbeter has received an additional 38,189 RSUs which have vested. Pursuant to the policies of OHA, all RSUs received by Mr. Arbeter are held for the benefit of certain Oak Hill Advisory Entities.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Oak Hill Advisors report for EXPRO GROUP (XPRO)?
Was cash paid in the Oak Hill Advisors Form 4 transaction for EXPRO GROUP (XPRO)?
How is Oak Hill Advisors’ beneficial ownership of EXPRO GROUP (XPRO) stock described?
What role do restricted stock units (RSUs) play in Oak Hill’s EXPRO GROUP (XPRO) position?
AI-generated analysis. How Rhea-AI works. Not financial advice.