Expion Energy (XPON) Director George Lefevre Receives RSU Award

What Happened

• George Lefevre, 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 and were reported as an acquisition at $0.00 per share (total reported value $0). Each RSU represents the right to one share of common stock.

Key Details

• Transaction date: 2026-08-13; Transaction type/code: Grant/Award (A); Price: $0.00; Shares acquired: 5,000 RSUs (vested).
• Shares beneficially owned after the transaction: 10,868 total (5,427 shares of common stock + 441 shares underlying options exercisable within 60 days + 5,000 newly vested RSUs).
• Footnotes: F1 — RSUs granted under the 2021 Incentive Award Plan; RSUs vesting in full on grant date. F2 — breakdown of previously owned shares and options exercisable within 60 days. Exhibit 24.1 (Power of Attorney) attached.
• Filing timing: Form 4 filed on 2026-08-25 for a transaction on 2026-08-13 (filed 12 days after the transaction), indicating a late filing.

Context

• These were restricted stock units that vested immediately; no exercise or sale occurred. The reported acquisition at $0.00 reflects a compensation grant rather than a cash purchase. For retail investors, awards like RSUs increase insider ownership but do not by themselves indicate buying or selling intentions.