EXPRO GROUP (XPRO) COO receives 39,474 RSU equity award in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EXPRO GROUP HOLDINGS N.V. Chief Operating Officer Alistair Geddes reported an equity award tied to the company’s common stock. He acquired 39,474 restricted stock units (RSUs) with no cash price per unit, as part of the company’s 2022 Long-Term Incentive Plan.
Each RSU represents a right to receive one share of common stock upon vesting. The 39,474 RSUs will vest in three equal annual installments beginning on February 22, 2027. After this award, Geddes’s direct holdings include previously granted RSUs scheduled to vest in 2026, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Geddes Alistair
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, nominal value Euro0.06 | 39,474 | $0.00 | -- |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 207,411 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 39,474 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2027. Also includes (i) 7,089 RSUs that will vest on February 24, 2026, (ii) 9,346 RSUs that will vest on February 22, 2027 and (iii) 30,936 RSUs that will vest 50% on February 22, 2027 and 50% on February 22, 2028.
FAQ
What insider transaction did EXPRO GROUP (XPRO) report for Alistair Geddes?
EXPRO GROUP reported that Chief Operating Officer Alistair Geddes acquired 39,474 restricted stock units (RSUs). The RSUs were granted under the 2022 Long-Term Incentive Plan and carry no cash purchase price, reflecting a stock-based compensation award rather than an open-market share purchase.
How many EXPRO GROUP (XPRO) RSUs did Alistair Geddes receive in this Form 4?
Alistair Geddes received 39,474 restricted stock units (RSUs) tied to EXPRO GROUP common stock. Each RSU represents a contingent right to one share upon vesting, increasing his total equity-based compensation while not involving any immediate cash outlay for the award.
What is the vesting schedule for the 39,474 EXPRO GROUP (XPRO) RSUs?
The 39,474 EXPRO GROUP RSUs will vest ratably in three annual installments starting February 22, 2027. This means one‑third of the units vest each year over three years, aligning Geddes’s equity compensation with longer-term company performance and continued service.
Are there additional EXPRO GROUP (XPRO) RSUs already held by Alistair Geddes?
Yes. In addition to the new 39,474 RSUs, Geddes also holds RSUs scheduled to vest on February 24, 2026, as well as separate RSU tranches vesting on February 22, 2027 and February 22, 2028, reflecting prior long-term incentive awards still outstanding.
Does the EXPRO GROUP (XPRO) Form 4 indicate an open-market stock purchase or sale?
No. The Form 4 describes a grant of 39,474 restricted stock units as a compensation award. The transaction code is for a grant or other acquisition, with a per-unit price of zero, indicating it is not an open-market purchase or sale of existing shares.