Expro Group (NYSE: XPRO) CEO gets stock award, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EXPRO GROUP HOLDINGS N.V. President & CEO Michael Jardon reported equity compensation activity in company common stock. He acquired 72,542 shares at no cost through the vesting and settlement of performance-based restricted stock units granted on February 24, 2023, which vested at 66.6% achievement.
To cover related tax withholding obligations on vested RSUs and PRSUs, 38,071 shares were disposed of at a price of $18.18 per share. After these transactions, Jardon directly owned 557,642 common shares, which also reflect unvested RSUs scheduled to vest between February 2027 and February 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jardon Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, nominal value Euro0.06 | 72,542 | $0.00 | -- |
| Tax Withholding | Common Stock, nominal value Euro0.06 | 38,071 | $18.18 | $692K |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 595,713 shares (Direct)
Footnotes (1)
- Represents shares of common stock, nominal value Euro0.06 per share, of the Issuer received upon the vesting and settlement of the performance-based restricted stock units ("PRSUs") granted on February 24, 2023, under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan. The PRSUs reported in this filing vested at 66.6% achievement. In connection with the vesting of restricted stock units ("RSUs") and PRSUs, the Issuer withheld 38,071 vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 23, 2026. Also includes (i) 29,984 RSUs that will vest on February 22, 2027, (ii) 79,402 RSUs that will vest 50% on February 22, 2027 and 50% on February 22, 2028 and (iii) 109,211 RSUs that will vest ratably in three annual installments beginning on February 22, 2027.