Expro (NYSE: XPRO) COO gains 21,247 shares from PRSU vesting
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 transaction. He acquired 21,247 shares of common stock on February 24, 2026, with a price of $0.00 per share, through the vesting and settlement of performance-based restricted stock units granted on February 24, 2023.
These performance-based units vested at 66.6% achievement under the company’s 2022 Long-Term Incentive Plan. Following this vesting, Geddes directly owns 228,658 shares of common stock. His holdings also include 9,346 RSUs scheduled to vest on February 22, 2027, 30,936 RSUs vesting 50% on February 22, 2027 and 50% on February 22, 2028, and 39,474 RSUs vesting in three annual installments beginning on February 22, 2027.
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 | 21,247 | $0.00 | -- |
Holdings After Transaction:
Common Stock, nominal value Euro0.06 — 228,658 shares (Direct)
Footnotes (1)
- Represents shares of Common Stock 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. Also includes (i) 9,346 restricted stock units ("RSUs") that will vest on February 22, 2027, (ii) 30,936 RSUs that will vest 50% on February 22, 2027 and 50% on February 22, 2028 and (iii) 39,474 RSUs that will vest ratably in three annual installments beginning on February 22, 2027.
FAQ
What insider transaction did XPRO COO Alistair Geddes report on this Form 4?
Alistair Geddes reported acquiring 21,247 shares of Expro Group common stock. The shares were received at $0.00 per share from vesting performance-based RSUs granted in 2023, under the company’s 2022 Long-Term Incentive Plan.
What future RSU vesting does XPRO COO Alistair Geddes have scheduled?
His holdings include 9,346 RSUs vesting on February 22, 2027, 30,936 RSUs vesting 50% on February 22, 2027 and 50% on February 22, 2028, and 39,474 RSUs vesting in three annual installments starting February 22, 2027.
Was the XPRO COO’s Form 4 transaction a market purchase or sale?
The transaction was neither a market purchase nor a sale. It reflects a grant or award acquisition where 21,247 shares were delivered at $0.00 per share through vesting of performance-based restricted stock units.
What performance level was achieved for the XPRO PRSUs that vested?
The performance-based restricted stock units vested at 66.6% achievement. This means the number of shares delivered, 21,247, was determined based on reaching 66.6% of the performance goals set at the February 24, 2023 grant.