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

Role: EVP & CFO
Signature: Michael D. May For: MOHIT SINGH
Stock symbol: EXE
Transactions as of: Mar 15, 2025
Transactions value $: -$1,774,159
Form type: 4
Date filed: 3/17/2025, 04:13 PM
Previous filing: Feb 21, 2025
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	+27.8K	+76.12%	$0.00	64.2K	Mar 15, 2025	Direct	F1
transaction	EXE	Common Stock	Options Exercise	$0	+4.39K	+6.83%	$0.00	68.6K	Mar 15, 2025	Direct	F2
transaction	EXE	Common Stock	Award	$0	+7.67K	+11.18%	$0.00	76.3K	Mar 15, 2025	Direct	F3
transaction	EXE	Common Stock	Tax liability	-$1.45M	-14.2K	-18.59%	$102.60	62.1K	Mar 15, 2025	Direct	F4
transaction	EXE	Common Stock	Tax liability	-$319K	-3.11K	-5.01%	$102.60	59K	Mar 15, 2025	Direct	F5

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	-13.9K	-100%	$0.00	0	Mar 15, 2025	Common Stock	27.8K		Direct	F1
transaction	EXE	Performance Share Unit	Options Exercise	$0	-6.94K	-100%	$0.00	0	Mar 15, 2025	Common Stock	4.39K		Direct	F2
transaction	EXE	Performance Share Unit	Award	$0	+8.95K		$0.00	8.95K	Mar 15, 2025	Common Stock	8.95K		Direct	F6
transaction	EXE	Performance Share Unit	Award	$0	+8.95K		$0.00	8.95K	Mar 15, 2025	Common Stock	8.95K		Direct	F7

* 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 27,760 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 4,387 shares of common stock, before tax withholding obligations.
F3	Each restricted stock unit represents a contingent right to receive one share of Expand common stock.
F4	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.
F5	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.
F6	Each performance share unit represents 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.
F7	Each performance share unit represents 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.