Form 4: Expand Energy Corp: Executive Officer Lacy Reports Acquisition and Disposal of Shares and Performance Share Units
SEC Form 4 Filing
Christopher W. Lacy, EVP General Counsel of Expand Energy Corp, reports transactions involving common stock and performance share units on March 15, 2025.
Summary
- On March 15, 2025, Christopher W. Lacy, the EVP General Counsel of Expand Energy Corp, reported changes in beneficial ownership.
- Lacy acquired 5,607 shares of common stock at $0 and disposed of 63,470 shares.
- Lacy also acquired 6,542 performance share units tied to Expand's absolute total shareholder return and 6,542 performance share units tied to Expand's relative total shareholder return, both expiring on March 15, 2028.
- Each performance share unit represents a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of certain performance metrics.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and trading activity in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of earliest transaction: acquisition and disposal of common stock and performance share units. |
| 03/17/2025 | Date of signature for the Form 4 filing. |
| 03/15/2028 | Expiration date for the performance share units. |
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