Expro CTO awarded 34,539 RSUs, shares withheld for tax
EXPRO GROUP HOLDINGS N.V.
Rhea-AI Filing Summary
EXPRO GROUP HOLDINGS N.V. Chief Technology Officer Steven J. Russell reported equity compensation and related tax withholding in company stock. He received a grant of 34,539 restricted stock units (RSUs) under the 2022 Long-Term Incentive Plan, each representing one future share upon vesting. These RSUs will vest in three equal annual installments beginning on February 22, 2027. In connection with previously vesting RSUs, the company withheld 8,251 shares at a price of $17.79 per share to cover tax obligations, a tax-withholding disposition rather than an open-market sale. After these transactions, Russell directly owns 145,878 shares of common stock, including other RSUs scheduled to vest in 2026, 2027 and 2028.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, nominal value Euro0.06 | 34,539 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, nominal value Euro0.06 | 8,251 | $17.79 | $147K |
Footnotes (3)
- F1. 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 34,539 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2027.
- F2. In connection with the vesting of RSUs, the Issuer withheld 8,251 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.
- F3. Also includes (i) 5,878 RSUs that will vest on February 24, 2026, (ii) 7,204 RSUs that will vest on February 22, 2027 and (iii) 25,780 RSUs that will vest 50% on February 22, 2027 and 50% on February 22, 2028.
FAQ
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What did Expro Group (XPRO) disclose about Steven J. Russell’s recent stock grant?
How will the 34,539 RSUs granted to Expro Group (XPRO) CTO vest over time?
What other RSU awards for Expro Group (XPRO) CTO are disclosed in the Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.