Raiford Brittany 4
Research Summary
AI-generated summary
EXPAND ENERGY (EXE) VP Brittany Raiford Forfeits 485 Shares for Taxes
What Happened
Brittany Raiford, VP, Interim CFO & Treasurer of EXPAND ENERGY Corp (EXE), had 485 shares forfeited to the company to satisfy tax withholding tied to the partial vesting of a previously disclosed restricted stock unit (RSU) award. The withholding was reported as a disposition at $108.06 per share, totaling $52,409. This was a tax-withholding forfeiture (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-20; Report filed: 2026-02-24 (timely within the two-business-day window).
- Price reported: $108.06 per share; Total value of shares forfeited: $52,409.
- Shares forfeited: 485.
- Shares owned after transaction: not specified in the filing.
- Footnote: Shares were forfeited to the issuer to satisfy tax withholding obligations on the partial vesting of an RSU award.
- Transaction type: F = tax withholding (not a market buy/sell).
Context
Forfeiting shares to cover tax withholding is a common administrative step when RSUs vest (a form of "cashless" settlement) and does not necessarily indicate the insider's view on the company. This is a routine withholding event rather than a discretionary sale or purchase by the insider.