Bentham Michael 4
Research Summary
AI-generated summary
EXPRO (XPRO) Principal Accounting Officer Michael Bentham Buys 877 Shares
What Happened
- Michael Bentham, Principal Accounting Officer of Expro Group Holdings N.V. (XPRO), acquired 877 shares on 2026-06-30 at $13.35 per share, for a total of $11,708. The acquisition was an ESPP purchase (transaction code A), not an open-market trade.
Key Details
- Transaction date and price: 2026-06-30 at $13.35 per share (total ~$11,708).
- Transaction type/code: ESPP purchase (A — grant/award or other acquisition); exempt under Rule 16(b)-3(c) (F1).
- Purchase mechanics: Shares were bought at 85% of the issuer's closing price on 2025-12-31 per the ESPP terms (F2).
- Shares owned after transaction: Not specified in the provided filing.
- Additional holdings disclosed: reporting person also has RSUs that vest in future — 2,804 RSUs vesting 2/22/2027; 10,956 RSUs vesting 50% on 2/22/2027 and 50% on 2/22/2028; and 13,980 RSUs vesting ratably over three annual installments beginning 2/22/2027 (F3).
- Filing timeliness: Filed 2026-07-01 for a 2026-06-30 transaction — appears timely (Form 4 normally due within 2 business days).
Context
- This was an employee stock purchase plan acquisition at a discount (common as part of compensation/benefits) and is typically considered routine rather than an explicit market signal. The filing notes the ESPP purchase mechanism and vesting schedules for outstanding RSUs; no options were exercised and no shares were sold.