Drummond Robert Wayne Jr 4
4 · EXPRO GROUP HOLDINGS N.V. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Expro (XPRO) Director Drummond Receives 8,907 RSU Award
What Happened
Director Robert Wayne Drummond Jr. was granted 8,907 restricted stock units (RSUs) by Expro Group Holdings N.V. on June 1, 2026. The award was reported on a Form 4 filed June 3, 2026. The RSUs were issued with an acquisition price of $0.00 (award/grant), so the reported cash value at grant is $0; each RSU represents a contingent right to one share upon vesting.
Key Details
- Transaction type: Award/Grant (Form 4 code A) of 8,907 RSUs
- Grant date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing)
- Price: $0.00 per RSU (award); total reported cash paid = $0
- Vesting: RSUs vest on June 1, 2027 (one year cliff per footnote)
- Plan: Granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan as annual compensation to non-employee board members
- Each RSU converts to one common share (nominal value €0.06) upon vesting
- Shares owned after transaction: not specified in the filing
Context
This is a standard board compensation grant to a non-employee director, not an open-market purchase or sale. RSUs do not represent tradable shares until they vest, so there is no immediate change in market exposure. No 10b5-1 plan, tax-withholding, or late-filing flags were noted in the filing.
Insider Transaction Report
- Award
Common Stock, nominal value Euro0.06
[F1]2026-06-01+8,907→ 95,192 total
Footnotes (1)
- [F1]Represents 8,907 restricted stock units ("RSUs") granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan as annual compensation to the non-employee members of the Board of Directors of the Issuer. Each RSU represents a contingent right to receive, upon vesting, one share of common stock, nominal value Euro0.06 per share, of the Issuer. The RSUs vest on June 1, 2027.