Insider Activity at Expro Group Holdings NV: A Closer Look

Recent Transaction Overview On February 24 2026, President & CEO Jardon Michael completed a performance‑based restricted stock unit (PRSU) vesting, acquiring 72,542 shares at no cash consideration. That same day he sold 38,071 vested shares—primarily tax‑withholding proceeds—at $18.18 per share, reducing his holdings to 557,642 shares. These moves are typical of a CEO managing tax liabilities while simultaneously rewarding himself through long‑term incentives. The transaction’s timing coincides with the company’s recent 1.26 % monthly price gain, suggesting that the stock remains in a favorable position for long‑term rewards.

Implications for Investors The PRSU vesting signals that Expro’s management believes in the company’s long‑term prospects, reinforcing confidence among shareholders. Conversely, the sale of a sizable block of shares may raise short‑term concerns about insider confidence. However, the sale price matches the day‑trading price, and the shares were likely withheld for tax purposes rather than market sentiment. Analysts will watch for a possible increase in future PRSU grants or a shift toward cash‑based compensation, which could alter the stock’s valuation dynamics.

Company‑Wide Insider Activity Context Expro’s other executives have also been active: Chief Operating Officer Alistair Geddes added 21,247 shares; CFO Sergio Miworm increased his stake by 42,105 shares; and Chief Technology Officer Russell Steven J. bought 34,539 shares while selling 8,251. These moves illustrate a broader trend of executives accumulating shares, potentially indicating confidence in upcoming contracts or operational milestones. The cumulative insider buying suggests that management’s outlook remains bullish, which can be a positive signal for risk‑averse investors.

Jardon Michael’s Historical Transaction Profile Historically, Jardon has alternated between buying large blocks of shares and selling smaller amounts. For example, on February 22 2026 he purchased 109,211 shares at no cost (likely another RSU vesting) and sold 27,502 shares at $17.79. In February 2025, he bought 119,104 shares for free. This pattern shows a preference for equity compensation tied to performance milestones rather than direct market purchases. It also indicates a disciplined approach to tax planning and capital allocation, as seen in the recent sale of shares to cover withholding obligations. Investors can infer that Jardon’s personal holdings are largely driven by incentive plans, reducing the risk of opportunistic short‑selling.

Strategic Takeaway For investors, the insider activity signals that Expro’s leadership remains committed to long‑term value creation while managing short‑term tax considerations. The consistent buying by senior executives points to confidence in upcoming revenue streams, particularly as the company expands its subsea and well‑intervention services. While the CEO’s share sale may create a brief dip in market perception, the overall insider sentiment—evidenced by continued buying—supports a positive outlook for the stock.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-02-24Jardon Michael (President & CEO)Buy72,542.00N/ACommon Stock, nominal value Euro0.06
2026-02-24Jardon Michael (President & CEO)Sell38,071.0018.18Common Stock, nominal value Euro0.06
2026-02-24Bentham Michael (Principal Accounting Officer)Buy6,736.00N/ACommon Stock, nominal value Euro0.06
2026-02-24Bentham Michael (Principal Accounting Officer)Sell3,536.0018.18Common Stock, nominal value Euro0.06
2026-02-24Russell Steven J (Chief Technology Officer)Buy17,618.00N/ACommon Stock, nominal value Euro0.06
2026-02-24Russell Steven J (Chief Technology Officer)Sell9,246.0018.18Common Stock, nominal value Euro0.06
2026-02-24McAlister John Lewis (General Counsel & Secretary)Buy15,733.00N/ACommon Stock, nominal value Euro0.06
2026-02-24McAlister John Lewis (General Counsel & Secretary)Sell9,863.0018.18Common Stock, nominal value Euro0.06
2026-02-24Geddes Alistair (Chief Operating Officer)Buy21,247.00N/ACommon Stock, nominal value Euro0.06