Expro Group (XPRO) CFO awarded 42,105 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maiworm Sergio L. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Expro Group Holdings N.V. Chief Financial Officer Sergio L. Maiworm Jr. reported an equity compensation grant of 42,105 restricted stock units (RSUs) of common stock at no purchase price. These RSUs were granted under the company’s 2022 Long-Term Incentive Plan.
According to the disclosure, the 42,105 new RSUs will vest in three equal annual installments beginning on February 22, 2027. After this award, Maiworm has direct ownership of 370,938 RSUs, including 42,792 RSUs vesting in installments from June 30, 2026 and 286,041 RSUs vesting on June 30, 2028.
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 |
|---|---|---|---|---|
| Grant/Award | Common Stock, nominal value Euro0.06 | 42,105 | $0.00 | -- |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 370,938 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 42,105 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2027. Also includes (i) 42,792 RSUs that will vest ratably in three annual installments beginning on June 30, 2026 and (ii) 286,041 RSUs that will vest on June 30, 2028.
FAQ
What insider transaction did Expro Group (XPRO) report for its CFO?
Expro Group reported that CFO Sergio L. Maiworm Jr. received a grant of 42,105 restricted stock units. These RSUs are part of his equity compensation and were issued at no purchase price under the company’s 2022 Long-Term Incentive Plan.
How do the new 42,105 RSUs for Expro (XPRO) CFO vest?
The 42,105 restricted stock units granted to Expro’s CFO vest in three equal annual installments starting February 22, 2027. Each vested unit converts into one share of common stock, aligning long-term compensation with future company performance and tenure.
What is the CFO’s total RSU holding after this Form 4 at Expro (XPRO)?
After this grant, Expro’s CFO directly holds 370,938 restricted stock units. This total includes the new 42,105 RSUs, plus 42,792 RSUs vesting in installments from June 30, 2026 and 286,041 RSUs vesting on June 30, 2028.
Are the Expro (XPRO) CFO’s 42,105 RSUs an open-market stock purchase?
No, the 42,105 units are a compensation grant, not an open-market purchase. They were awarded at a price of $0.00 per unit under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan as part of his executive equity package.
When will the previously granted RSUs to Expro (XPRO) CFO vest?
Besides the new award, the CFO has 42,792 RSUs scheduled to vest in three annual installments starting June 30, 2026. He also holds 286,041 RSUs that are scheduled to vest on June 30, 2028, subject to plan terms.