EXPRO GROUP HOLDINGS N.V.·4

Feb 24, 1:18 PM ET

Russell Steven J 4

Research Summary

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Expro (XPRO) CTO Steven J. Russell Receives RSU Award; 8,251 Shares Withheld

What Happened
Steven J. Russell, Chief Technology Officer of Expro Group Holdings N.V. (XPRO), received a grant of 34,539 restricted stock units (RSUs) on Feb 22, 2026 (reported as an Award, code A). In connection with vesting, 8,251 shares were withheld to satisfy tax withholding obligations (code F) at an effective price of $17.79 per share, representing $146,785 in value. The RSUs are contingent rights to receive common stock upon vesting.

Key Details

  • Transaction date: Feb 22, 2026; Form 4 filed Feb 24, 2026 (filed within the typical two-business-day window).
  • Award: 34,539 RSUs granted under the Expro 2022 Long-Term Incentive Plan (code A). Grant reported at $0.00 acquisition price (RSUs are not bought).
  • Tax withholding: 8,251 shares withheld (code F) at $17.79 per share = $146,785, based on closing price on Feb 20, 2026.
  • Vesting schedule noted: the 34,539 RSUs will vest ratably in three annual installments beginning Feb 22, 2027 (per footnote).
  • Filing did not specify total beneficial ownership after the transaction (beneficially owned after transaction not stated in the Form 4).

Context

  • RSUs are a form of compensation that convert to shares upon vesting; this filing documents the grant and the company withholding shares to cover tax obligations—this withholding is routine and not an open‑market sale.
  • The transaction is an award and tax-withholding event (A and F codes), not an open-market purchase or sale that might signal the insider’s market view.