McAlister John Lewis 4
4 · EXPRO GROUP HOLDINGS N.V. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Expro (XPRO) GC John McAlister Receives RSU Award; Shares Withheld
What Happened
John Lewis McAlister, General Counsel & Secretary of Expro Group Holdings N.V. (XPRO), was granted/credited with 32,895 restricted stock units (RSUs) on Feb 22, 2026 (reported on Form 4 filed Feb 24, 2026). In connection with RSU vesting, 8,941 vested shares were withheld to satisfy tax withholding obligations at $17.79 per share, a withholding value of approximately $159,060. The filing shows the RSU grant at $0.00 per share (code A) and the withholding disposition (code F).
Key Details
- Transaction date: Feb 22, 2026; Form 4 filed Feb 24, 2026 (timely filing).
- Grant: 32,895 RSUs reported acquired at $0.00 (award under 2022 Long-Term Incentive Plan).
- Tax withholding/disposition: 8,941 shares withheld at $17.79 each = ~$159,060 (code F).
- Net newly issued to insider (gross grant minus withheld): 32,895 − 8,941 = 23,954 shares (per filing math).
- Vesting schedule/footnotes: RSUs granted under the 2022 LTIP. Footnotes state 5,249 RSUs vest on Feb 24, 2026; 6,776 RSUs vest on Feb 22, 2027; 24,490 RSUs vest 50% on Feb 22, 2027 and 50% on Feb 22, 2028. Another footnote says the 32,895 RSUs will vest ratably in three annual installments beginning Feb 22, 2027 (see filing for full detail).
- Shares owned after the transaction: not specified in the provided summary of the filing.
Context
This was an equity award (RSUs) and a routine tax-withholding disposition—not an open-market sale or purchase. Code A indicates an award/grant; code F indicates shares were withheld to cover tax obligations (a common, administrative step when RSUs vest). Awards reflect compensation and future vesting conditions rather than an immediate market-based purchase decision.
Insider Transaction Report
- Award
Common Stock, nominal value Euro0.06
[F1]2026-02-22+32,895→ 130,098 total - Tax Payment
Common Stock, nominal value Euro0.06
[F2][F3]2026-02-22$17.79/sh−8,941$159,060→ 121,157 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 32,895 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 8,941 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) 5,249 RSUs that will vest on February 24, 2026, (ii) 6,776 RSUs that will vest on February 22, 2027 and (iii) 24,490 RSUs that will vest 50% on February 22, 2027 and 50% on February 22, 2028.