Expion Energy (XPON) Director Nguyen Tien Quoc Receives RSU Award
$XPON · Expion Energy, Inc.Research Summary
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Expion Energy (XPON) Director Nguyen Tien Quoc Receives RSU Award
What Happened
Nguyen Tien Quoc, a director of Expion Energy, was granted 5,000 restricted stock units (RSUs) on August 13, 2026. The RSUs vested in full on the grant date; the Form 4 records the acquisition price as $0.00 (no cash paid). Each RSU represents a contingent right to one share of Expion Energy common stock.
Key Details
- Transaction type: Award/Grant (code A) — 5,000 RSUs granted and vested on 2026-08-13. Price reported: $0.00.
- Filing date / accession: Form 4 filed August 25, 2026 (Accession 0001903596-26-000321).
- Beneficial ownership (per filing footnote): includes 5,427 shares of common stock and 416 shares issuable upon options exercisable within 60 days of Aug 25, 2026. The RSUs represent contingent rights to one share each.
- Footnotes: F1 explains the RSU grant and that they vested on the grant date; F2 details existing share and option holdings. Exhibit 24.1 (Power of Attorney) is included.
- Timeliness: The Form 4 was filed 12 days after the Aug 13 transaction, later than the typical 2-business-day deadline for Form 4s — the filing may therefore be considered late.
Context
RSU grants to directors are common as compensation and do not represent an open-market purchase or sale. Because the RSUs vested immediately, the Reporting Person obtained the contingent rights to shares on the grant date; this is not the same as exercising options or selling shares. The filing is factual and does not indicate the director’s intent to buy or sell additional shares.