Form 4: Expro Group Holdings CFO Quinn P. Fanning Sells Shares
SEC Form 4 Filing
Quinn P. Fanning, CFO of Expro Group Holdings N.V., recently sold shares of the company's common stock.
Summary
- On May 16, 2024, Quinn P. Fanning, the Chief Financial Officer of Expro Group Holdings N.V., sold 15,000 shares of common stock at a weighted average price of $21.0503.
- He also sold 2,500 shares at a weighted average price of $21.1164.
- Following these transactions, Fanning directly owns 92,889 shares of Expro Group Holdings N.V.
- This total includes 22,726 restricted stock units (RSUs) vesting on February 22, 2025, 17,116 RSUs vesting 50% on February 24, 2025 and 50% on February 24, 2026, and 30,958 RSUs vesting ratably in three annual installments beginning on February 24, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock.
Stakeholder Impact
- Shareholders may interpret the stock sale as a lack of confidence in the company's future performance, although it could also be for personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of stock sale transactions |
| 02/22/2025 | Vesting date for 22,726 restricted stock units |
| 02/24/2025 | Vesting date for 50% of 17,116 restricted stock units and first installment of 30,958 RSUs |
| 02/24/2026 | Vesting date for remaining 50% of 17,116 restricted stock units |
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