Michael Wichterich - Mar 15, 2025 Form 4 Insider Report for EXPAND ENERGY Corp (EXE)

Role
Director
Signature
Michael D. May For: MICHAEL WICHTERICH
Stock symbol
EXE
Transactions as of
Mar 15, 2025
Transactions value $
-$1,133,217
Form type
4
Date filed
3/17/2025, 04:06 PM
Previous filing
Oct 15, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXE Common Stock Options Exercise $0 +25.3K +58.34% $0.00 68.5K Mar 15, 2025 Direct F1
transaction EXE Common Stock Options Exercise $0 +3.99K +5.82% $0.00 72.5K Mar 15, 2025 Direct F2
transaction EXE Common Stock Tax liability -$1.05M -10.2K -14.09% $102.60 62.3K Mar 15, 2025 Direct F3
transaction EXE Common Stock Tax liability -$85K -828 -1.33% $102.60 61.5K Mar 15, 2025 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXE Performance Share Unit Options Exercise $0 -12.6K -100% $0.00 0 Mar 15, 2025 Common Stock 25.3K Direct F1
transaction EXE Performance Share Unit Options Exercise $0 -6.31K -100% $0.00 0 Mar 15, 2025 Common Stock 3.99K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represented a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's absolute total shareholder return over the applicable performance period. Effective March 15, 2025, the Reporting Person was entitled to receive 25,254 shares of common stock, before tax withholding obligations.
F2 Each performance share unit represented a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement of Expand's relative total shareholder return over the applicable performance period. Effective March 15, 2025, the Reporting Person was entitled to receive 3,991 shares of common stock, before tax withholding obligations.
F3 These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the vesting of a previously disclosed performance share unit award.
F4 These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock unit award.