Jardon Michael 4
4 · EXPRO GROUP HOLDINGS N.V. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Expro Group (XPRO) CEO Michael Jardon Receives RSU Award
What Happened
Michael Jardon, President & CEO and a director of Expro Group Holdings N.V. (XPRO), was granted 109,211 restricted stock units (RSUs) on February 22, 2026 (transaction code A). Concurrently, 27,502 vested shares were withheld to satisfy tax withholding obligations (transaction code F) at an effective price of $17.79 per share, producing a withholding value of approximately $489,261. The RSUs were granted at $0.00 per share (award).
Key Details
- Transaction date: February 22, 2026 (Form 4 filed February 24, 2026). No late filing indicated.
- Grant: 109,211 RSUs (Award, code A) — reported acquisition value $0.
- Tax withholding: 27,502 shares withheld (code F) at $17.79/share = $489,261 withheld to satisfy tax obligations.
- Vesting/ownership notes from footnotes:
- The 109,211 RSUs will vest ratably in three annual installments beginning February 22, 2027. (F1)
- The withheld shares were based on the closing price on February 20, 2026. (F2)
- Filing also references other RSUs with varied vesting: 24,205 RSUs vesting Feb 24, 2026; 29,984 RSUs vesting Feb 22, 2027; and 79,402 RSUs vesting 50% on Feb 22, 2027 and 50% on Feb 22, 2028. (F3)
- Shares owned after the transaction: not specified in the provided filing details.
Context
This filing reflects an equity award (RSUs) to the CEO rather than an open-market buy or sale. The withholding of vested shares to cover taxes is a routine cashless tax-withholding event and does not by itself indicate a discretionary sale of shares for investment reasons.
Insider Transaction Report
- Award
Common Stock, nominal value Euro0.06
[F1]2026-02-22+109,211→ 550,673 total - Tax Payment
Common Stock, nominal value Euro0.06
[F2][F3]2026-02-22$17.79/sh−27,502$489,261→ 523,171 total
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 109,211 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 27,502 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) 24,205 RSUs that will vest on February 24, 2026, (ii) 29,984 RSUs that will vest on February 22, 2027 and (iii) 79,402 RSUs that will vest 50% on February 22, 2027 and 50% on February 22, 2028.