Expion Energy (XPON) Director Brian Schaffner Receives 5,000 RSUs

What Happened

• Brian Paul Schaffner, a director of Expion Energy, was granted 5,000 restricted stock units (RSUs) on August 13, 2026. The RSUs were granted at $0.00 and vested in full on the grant date; the Form 4 reports the acquisition as 5,000 shares (value reported $0.00). This is an equity award (not a market purchase or sale).

Key Details

• Transaction date: August 13, 2026; Filing date (Form 4): August 25, 2026 — appears to be filed late relative to the typical 2-business-day rule.
• Grant details: 5,000 RSUs granted; reported acquisition price $0.00; RSUs vested in full on the grant date (Footnote F1).
• Reported holdings: The filing discloses beneficial ownership of 14,588 shares of common stock and the right to acquire 3,791 additional shares via options exercisable within 60 days of August 25, 2026 (Footnote F2).
• No indication in the filing of a sale, cashless exercise, tax-withholding shares, or a 10b5-1 plan tied to this transaction.

Context

• RSUs are a form of compensation that represent a contingent right to receive shares; because these RSUs vested immediately, the reporting person acquired the award on the grant date. Awards to directors are common as part of compensation programs and do not necessarily indicate buying or selling sentiment. The filing’s later date (Aug 25) means the report was not posted within the usual 2-business-day window, which is notable for timeliness but does not change the underlying transaction.