Daniel E. Brown, President and CEO of Expand Energy Corp, filed a Form 4 on October 28, 2026, reporting the acquisition of restricted stock units and multiple performance share units on October 26, 2026, with all transactions listed at a price of $0.
Key Highlights
- RSU Award: Brown acquired 58,742 restricted stock units on October 26, 2026, each representing a contingent right to receive one share of Expand Energy common stock, at a price of $0.
- Absolute TSR Performance Share Units: Brown acquired eight tranches of performance share units tied to Expand Energy's absolute total shareholder return, each convertible into zero to two shares of common stock.
- Relative TSR Performance Share Units: Brown also acquired matching tranches of performance share units tied to Expand Energy's relative total shareholder return, also convertible into zero to two shares.
- Performance Share Unit Expiration Dates: The PSU tranches carry expiration dates of October 26, 2029, January 15, 2029, January 15, 2030, and January 15, 2031, according to the filing.
- Direct Ownership: All securities reported are held directly by Brown, with a resulting beneficial ownership of 58,742 shares of common stock following the RSU award.
- Filing Role: Brown is identified as both a Director and Officer (President and CEO) of NASDAQ:EXE issuer Expand Energy Corp.
Daniel Brown's October 2026 Equity Award at Expand Energy Corp
According to the Form 4 filed with the SEC on October 28, 2026, Daniel E. Brown, who serves as President and CEO and as a Director of Expand Energy Corp (NASDAQ:EXE), reported the acquisition of equity awards dated October 26, 2026. The filing discloses that Brown acquired 58,742 restricted stock units under Transaction Code A, at a price of $0. The filing states that each restricted stock unit "represents a contingent right to receive one share of Expand common stock." Following this transaction, Brown's directly held beneficial ownership stands at 58,742 shares of common stock.
In addition to the RSU grant, the filing reports eight separate performance share unit awards, also dated October 26, 2026, all acquired at $0. Four of these tranches are tied to Expand Energy's absolute total shareholder return, and four are tied to its relative total shareholder return. According to the filing, each performance share unit "represents a contingent right to receive from zero to two shares of Expand common stock, depending on the achievement" of the respective return metric over the applicable performance period. The absolute and relative TSR tranches are awarded in matching sizes: 6,661, 20,431, 20,430, and 20,430 units each, with expiration dates of October 26, 2029; January 15, 2029; January 15, 2030; and January 15, 2031, respectively.
All reported securities are held directly by Brown. The form was signed on October 28, 2026, by Kristina McQuaid on behalf of Daniel E. Brown. No amendment date is indicated, meaning this is reported as an original filing.
What Was Disclosed
Expand Energy Corp's President and CEO Daniel E. Brown reported the acquisition of 58,742 restricted stock units and eight performance share unit tranches on October 26, 2026, all at $0, through a Form 4 filed October 28, 2026.



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