Director at Expro Group (XPRO) receives 8,907 RSUs as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vallejo Frances M reported acquisition or exercise transactions in this Form 4 filing.
EXPRO GROUP HOLDINGS N.V. director Frances M. Vallejo received an equity grant as part of board compensation. The award covers 8,907 restricted stock units, each representing the right to receive one common share upon vesting. The RSUs were granted under the company’s 2022 Long-Term Incentive Plan and vest on June 1, 2027.
Following this grant, Vallejo’s direct holdings reported in this filing total 41,815 shares or share-equivalents of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vallejo Frances M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, nominal value Euro0.06 | 8,907 | $0.00 | -- |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 41,815 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,907 units
Grant price: $0.00 per share
Holdings after grant: 41,815 shares
+1 more
4 metrics
RSUs granted
8,907 units
Restricted stock units granted to director as annual compensation
Grant price
$0.00 per share
Reported transaction price per share for the RSU award
Holdings after grant
41,815 shares
Total direct holdings following the reported transaction
Vesting date
June 1, 2027
Date when 8,907 RSUs vest into common shares
Key Terms
restricted stock units ("RSUs"), 2022 Long-Term Incentive Plan, annual compensation, contingent right
4 terms
restricted stock units ("RSUs") financial
"Represents 8,907 restricted stock units ("RSUs") granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan"
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.
2022 Long-Term Incentive Plan financial
"granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan as annual compensation"
annual compensation financial
"as annual compensation to the non-employee members of the Board of Directors"
contingent right financial
"Each RSU represents a contingent right to receive, upon vesting, one share of common stock"
FAQ
What did Expro Group Holdings (XPRO) disclose in this Form 4?
Expro Group Holdings reported a stock-based compensation grant to director Frances M. Vallejo. She received 8,907 restricted stock units under the 2022 Long-Term Incentive Plan, which will convert into common shares when they vest, reflecting routine board compensation.
How many Expro Group (XPRO) RSUs were granted to Frances M. Vallejo?
Frances M. Vallejo was granted 8,907 restricted stock units. Each unit represents a contingent right to receive one Expro Group common share upon vesting, providing stock-based compensation tied to future service on the company’s board of directors.
When do the newly granted XPRO restricted stock units vest?
The 8,907 restricted stock units granted to Frances M. Vallejo vest on June 1, 2027. Vesting means the RSUs convert into common shares at that date, assuming applicable conditions are satisfied, aligning director compensation with longer-term company performance.
What is Frances M. Vallejo’s total XPRO holding after this grant?
After the reported grant, Frances M. Vallejo holds 41,815 shares or share-equivalents of Expro Group common stock directly. This figure includes the newly awarded 8,907 restricted stock units reported as part of her overall direct equity interest in the company.