Expro Group (XPRO) CTO gets 34,539 RSUs as 8,251 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Russell Steven J
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, nominal value Euro0.06 | 34,539 | $0.00 | -- |
| Tax Withholding | Common Stock, nominal value Euro0.06 | 8,251 | $17.79 | $147K |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 154,129 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 34,539 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2027. 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. 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
What did Expro Group (XPRO) disclose about Steven J. Russell’s recent stock grant?
Expro Group reported that CTO Steven J. Russell received 34,539 RSUs under the 2022 Long-Term Incentive Plan. Each RSU converts into one common share upon vesting, aligning a portion of his compensation with long-term shareholder value.
How will the 34,539 RSUs granted to Expro Group (XPRO) CTO vest over time?
The 34,539 RSUs granted to Expro’s CTO vest ratably in three annual installments starting February 22, 2027. This means one-third of the award converts into common shares each year over the three-year vesting period.
What other RSU awards for Expro Group (XPRO) CTO are disclosed in the Form 4 footnotes?
The footnotes show additional RSUs: 5,878 vesting on February 24, 2026, 7,204 vesting on February 22, 2027, and 25,780 vesting 50% on February 22, 2027 and 50% on February 22, 2028, all included in the reported holdings.