Expion Energy (XPON) Director Burell Scott R Receives RSUs

What Happened

• Director Burell Scott R received a grant of 5,000 restricted stock units (RSUs) on August 13, 2026. The RSUs vested in full on the grant date and are reported as an acquisition of 5,000 shares at $0.00 (no cash paid).

Key Details

• Transaction date: 2026-08-13 (reported on Form 4 filed 2026-08-25).
• Transaction type/code: Award/Grant (A); price reported $0.00.
• Shares acquired: 5,000 RSUs that vested into 5,000 shares.
• Beneficial ownership after transaction (per filing footnote): includes 5,000 shares of Common Stock and 3,333 RSUs still subject to vesting as previously reported.
• Footnotes: F1 explains each RSU equals a contingent right to one common share and that these RSUs vested in full on the grant date. F2 summarizes the reporting person’s holdings (5,000 shares plus 3,333 previously reported RSUs).
• Filing timeliness: Form 4 was filed on Aug 25, 2026, 12 days after the transaction date; Form 4s are typically required within two business days, so this filing appears late.

Context

• RSU grants are a common form of executive/director compensation that convert to shares when vested; this award shows an acquisition of shares via compensation rather than an open-market purchase. Such awards are routine for compensation/retention and do not by themselves indicate the insider’s view of the company’s stock.