Michael Bentham - 22 Feb 2025 Form 4 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Reporting relationship: Principal Accounting Officer
Issuer ticker: XPRO
Reported as of: 22 Feb 2025
Net transaction value: -$69,740
SEC form: 4
Accepted by SEC: 25 Feb 2025, 13:16:47 UTC
Prior SEC filing: 02 Jan 2025
Next SEC filing: 30 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Josh Hancock, as Attorney-in-Fact

Key filing fact

Michael Bentham filed Form 4 for EXPRO GROUP HOLDINGS N.V. (XPRO) on 25 Feb 2025.

Key facts

This page summarizes Michael Bentham's Form 4 filing for EXPRO GROUP HOLDINGS N.V. (XPRO).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 25 Feb 2025, 13:16.

Change

Previous filing in this sequence was filed on 02 Jan 2025.
Current net transaction value: -$69,740.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

XPRO transaction

Common Stock, nominal value Euro0.06

Award

Transaction value: $0
Shares: +16,435
Change %: +48%
Price: $0.000000
Shares after: 51,026
Date: 22 Feb 2025
Ownership: Direct
Footnotes: F1

XPRO transaction

Common Stock, nominal value Euro0.06

Award

Transaction value: $0
Shares: +2,173
Change %: +4.3%
Price: $0.000000
Shares after: 53,199
Date: 22 Feb 2025
Ownership: Direct
Footnotes: F2

XPRO transaction

Common Stock, nominal value Euro0.06

Tax liability

Transaction value: $57,138
Shares: -4,375
Change %: -8.2%
Price: $13.06
Shares after: 48,824
Date: 22 Feb 2025
Ownership: Direct
Footnotes: F3

XPRO transaction

Common Stock, nominal value Euro0.06

Tax liability

Transaction value: $12,603
Shares: -965
Change %: -2%
Price: $13.06
Shares after: 47,859
Date: 24 Feb 2025
Ownership: Direct
Footnotes: F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents restricted stock units ("RSUs") granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan. Each RSU represents a contingent right to receive, upon vesting, one share of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock"). The 16,435 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2026.

Footnote F2

Represents shares of Common Stock received upon the vesting and settlement of the performance-based restricted stock units ("PRSUs") granted on October 1, 2021, under the Expro Group Holdings N.V. Long-Term Incentive Plan, As Amended and Restated. The PRSUs reported in this filing vested at 21.3% achievement.

Footnote F3

In connection with the vesting of shares of RSUs and PRSUs, the Issuer withheld 4,375 vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 21, 2025. The withholding of vested shares pursuant to this award was approved by the Board of Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.

Footnote F4

In connection with the vesting of shares of RSUs, the Issuer withheld 965 vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 21, 2025. The withholding of vested shares pursuant to this award was approved by the Board of Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.

Footnote F5

Also includes (i) 5,607 RSUs that will vest 50% on February 22, 2026 and 50% on February 22, 2027 and (ii) 2,248 RSUs that will vest on February 24, 2026.