Expion Energy (XPON) VP Finance Shawna Lee Receives RSU Award

What Happened
Shawna Lee, VP Finance of Expion Energy, was granted 10,514 restricted stock units (RSUs) on August 13, 2026. The RSUs vested in full on the grant date; the Form 4 reports the acquisition at $0.00 per share (filing shows $0 total consideration). Each RSU represents a contingent right to one share of common stock.

Key Details

• Transaction date: August 13, 2026; Form 4 filed August 25, 2026.
• Transaction type: Award/Grant (code A). Acquisition price reported: $0.00.
• Shares owned after transaction (per filing/footnote math): 29,725 common shares beneficially owned (19,211 previously held + 10,514 RSUs that vested). Additionally, 404 shares are underlying options exercisable within 60 days of August 25, 2026.
• Footnotes: F1 — RSUs granted under the 2021 Incentive Award Plan and vested on grant date. F2 — breakdown of prior/common holdings (19,211 shares) and 404 shares exercisable via options.
• Timeliness: The Form 4 was filed 12 days after the transaction (generally Form 4s are due within two business days), so this filing appears late.

Context
This was a compensation award (RSUs that vested), not an open-market purchase or sale. Awards and vesting are routine for employees and do not necessarily signal a buy or sell sentiment by the insider. The RSUs convert to shares (one RSU = one share) and were reported as newly acquired on the Form 4; no cash was paid per the filing. Late filings are a compliance concern but do not by themselves indicate trading intent.