Turco Daniel F 4

What Happened Daniel F. Turco, EVP — Marketing & Commercial at EXPAND ENERGY Corp (EXE), had 740 shares forfeited to the company on 2026-02-18 to satisfy tax withholding obligations tied to the partial vesting of a previously awarded restricted stock unit (RSU). The withholding was executed at a per-share value of $99.52, totaling $73,645. This transaction reflects tax-withholding on vested equity, not an open-market sale.

Key Details

• Transaction date: 2026-02-18; Form 4 filed 2026-02-19 (timely filing, not marked late).
• Shares forfeited/withheld: 740 shares at $99.52 per share; total value $73,645.
• Nature of transaction code: F — tax withholding (shares surrendered to issuer).
• Footnote: Shares were forfeited to satisfy tax withholding in connection with partial vesting of a previously disclosed RSU award.
• Shares owned after transaction: Not specified in this filing.

Context This was a tax-withholding action related to RSU vesting (a common administrative step) rather than a voluntary open-market sale or purchase. Such forfeitures are routine and reflect payroll tax settlement on vested equity; they should not be interpreted by themselves as a signal of the insider’s sentiment about the company.