AG˹ٷ

STOCK TITAN

[Form 4] Shimmick Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Expro Group Holdings N.V. (XPRO) filed a Form 4 disclosing equity grants to its newly reported Chief Financial Officer, Sergio L. Maiworm Jr. On 30 June 2025, the executive received two separate awards of restricted stock units (RSUs):

  • 286,041 RSUs that cliff-vest on 30 June 2028.
  • 42,792 RSUs that vest one-third each on 30 June 2026, 2027 and 2028.

The combined 328,833 RSUs represent the CFO’s entire reported beneficial ownership following the transactions. Both awards were granted as inducement awards under NYSE Rule 303A.08 and were acquired at $0 cost, implying no open-market purchase or sale of common stock. No derivative securities were involved, and no dispositions were reported.

The multi-year vesting schedules aim to encourage long-term value creation, while the issuance of new shares introduces a modest dilutive element. No other financial metrics, sales, or option exercises were disclosed in the filing.

Expro Group Holdings N.V. (XPRO) ha presentato un modulo Form 4 rivelando concessioni azionarie al suo nuovo Chief Financial Officer, Sergio L. Maiworm Jr. Il 30 giugno 2025, il dirigente ha ricevuto due distinti premi di unità azionarie vincolate (RSU):

  • 286.041 RSU che maturano completamente il 30 giugno 2028.
  • 42.792 RSU che maturano per un terzo ciascuno il 30 giugno 2026, 2027 e 2028.

Le complessive 328.833 RSU rappresentano l'intera proprietà beneficiaria del CFO dopo le transazioni. Entrambi i premi sono stati concessi come inducement awards secondo la Regola NYSE 303A.08 e sono stati acquisiti a costo zero, senza acquisti o vendite sul mercato aperto di azioni ordinarie. Non sono stati coinvolti strumenti derivati e non sono state segnalate cessioni.

I piani di maturazione pluriennali mirano a incentivare la creazione di valore a lungo termine, mentre l'emissione di nuove azioni introduce un lieve elemento diluitivo. Nessun altro indicatore finanziario, vendita o esercizio di opzioni è stato divulgato nella comunicazione.

Expro Group Holdings N.V. (XPRO) presentó un Formulario 4 revelando concesiones de acciones a su recientemente reportado Director Financiero, Sergio L. Maiworm Jr. El 30 de junio de 2025, el ejecutivo recibió dos premios separados de unidades restringidas de acciones (RSUs):

  • 286,041 RSUs que se consolidan completamente el 30 de junio de 2028.
  • 42,792 RSUs que se consolidan en un tercio cada una el 30 de junio de 2026, 2027 y 2028.

Las 328,833 RSUs combinadas representan la propiedad beneficiaria total del CFO tras las transacciones. Ambos premios fueron otorgados como inducement awards bajo la Regla NYSE 303A.08 y fueron adquiridos a costo cero, sin compras ni ventas en el mercado abierto de acciones comunes. No se involucraron valores derivados ni se reportaron disposiciones.

Los planes de consolidación plurianuales buscan fomentar la creación de valor a largo plazo, mientras que la emisión de nuevas acciones introduce un leve elemento dilutivo. No se divulgaron otros indicadores financieros, ventas ni ejercicios de opciones en la presentación.

Expro Group Holdings N.V. (XPRO)� 새로 보고� 최고재무책임�(CFO) Sergio L. Maiworm Jr.에게 주식 부여를 공시하는 Form 4� 제출했습니다. 2025� 6� 30�, 해당 임원은 � 가지 별도� 제한 주식 단위(RSU)� 받았습니�:

  • 286,041 RSU가 2028� 6� 30일에 일시� 완전� 취득됩니�.
  • 42,792 RSU� 2026�, 2027�, 2028� 6� 30일에 각각 3분의 1� 취득됩니�.

328,833 RSU� 거래 � CFO가 보유� 전체 실질 소유 지분을 나타냅니�. � 부� 모두 NYSE 규칙 303A.08� 따른 유인 보상으로, 비용 없이 취득되어 공개 시장에서 보통주를 매매하지 않았음을 의미합니�. 파생 증권은 포함되지 않았으며, 처분� 보고되지 않았습니�.

다년간의 취득 일정은 장기적인 가� 창출� 장려하기 위한 것이�, 신주 발행은 소폭� 희석 효과� 가져옵니다. 제출서류에는 다른 재무 지�, 매출 또는 옵션 행사 내용� 공개되지 않았습니�.

Expro Group Holdings N.V. (XPRO) a déposé un formulaire 4 révélant des attributions d’actions à son nouveau directeur financier, Sergio L. Maiworm Jr. Le 30 juin 2025, le dirigeant a reçu deux attributions distinctes d’unités d’actions restreintes (RSU) :

  • 286 041 RSU qui deviendront entièrement acquises le 30 juin 2028.
  • 42 792 RSU qui seront acquises par tiers les 30 juin 2026, 2027 et 2028.

Le total de 328 833 RSU représente la totalité de la propriété bénéficiaire déclarée du CFO après ces transactions. Les deux attributions ont été accordées en tant que inducement awards selon la règle NYSE 303A.08 et ont été obtenues à coût nul, ce qui signifie qu’aucun achat ou vente d’actions ordinaires sur le marché ouvert n’a eu lieu. Aucun instrument dérivé n’a été impliqué et aucune cession signalée.

Les calendriers d’acquisition pluriannuels visent à encourager la création de valeur à long terme, tandis que l’émission de nouvelles actions introduit un léger effet dilutif. Aucun autre indicateur financier, vente ou exercice d’option n’a été divulgué dans le dépôt.

Expro Group Holdings N.V. (XPRO) hat ein Formular 4 eingereicht, das Aktienzuteilungen an seinen neu gemeldeten Chief Financial Officer, Sergio L. Maiworm Jr., offenlegt. Am 30. Juni 2025 erhielt der Geschäftsführer zwei getrennte Zuteilungen von Restricted Stock Units (RSUs):

  • 286.041 RSUs, die am 30. Juni 2028 vollständig vesten.
  • 42.792 RSUs, die jeweils zu einem Drittel am 30. Juni 2026, 2027 und 2028 vesten.

Die insgesamt 328.833 RSUs stellen das gesamte gemeldete wirtschaftliche Eigentum des CFO nach den Transaktionen dar. Beide Zuteilungen wurden als Inducement Awards gemäß NYSE-Regel 303A.08 gewährt und zu null Kosten erworben, was bedeutet, dass kein Kauf oder Verkauf von Stammaktien am offenen Markt stattfand. Es waren keine Derivate beteiligt, und es wurden keine Veräußerungen gemeldet.

Die mehrjährige Vesting-Planung soll die langfristige Wertschöpfung fördern, während die Ausgabe neuer Aktien einen moderaten Verwässerungseffekt mit sich bringt. In der Einreichung wurden keine weiteren Finanzkennzahlen, Verkäufe oder Optionsausübungen offengelegt.

Positive
  • Long-term vesting schedule (2026-2028) aligns CFO incentives with sustained shareholder value.
  • Equity-based inducement conserves cash while attracting senior talent.
Negative
  • Issuance of 328,833 new shares introduces incremental dilution when RSUs vest.
  • No insider purchase signal; shares were granted at $0, offering limited confidence cue for investors.

Insights

TL;DR: Long-dated RSUs align new CFO with shareholders; modest dilution, overall governance-neutral.

The Form 4 shows the board using equity to attract and retain a senior finance leader. Inducement grants totaling 328,833 RSUs vest entirely by mid-2028, locking the CFO into a four-year horizon. Such grants are common for external hires and foster alignment without immediate cash expense. Because the award price is $0, dilution is the only shareholder cost; however, the magnitude appears limited and is spread over several years. No sales signal or leverage is present, so the action is governance-acceptable and slightly positive for long-term incentive structure.

TL;DR: Insider activity is an equity grant, not a buy or sell—impact on valuation minimal.

From a portfolio perspective, this Form 4 is routine. The grant does not change cash flows or near-term share count meaningfully and offers no insight into operating performance. The absence of open-market purchases removes any bullish insider-sentiment read. Investors should note potential dilution once RSUs vest, but the staggered schedule tempers the effect. Overall, I view the filing as non-impactful to valuation models.

Expro Group Holdings N.V. (XPRO) ha presentato un modulo Form 4 rivelando concessioni azionarie al suo nuovo Chief Financial Officer, Sergio L. Maiworm Jr. Il 30 giugno 2025, il dirigente ha ricevuto due distinti premi di unità azionarie vincolate (RSU):

  • 286.041 RSU che maturano completamente il 30 giugno 2028.
  • 42.792 RSU che maturano per un terzo ciascuno il 30 giugno 2026, 2027 e 2028.

Le complessive 328.833 RSU rappresentano l'intera proprietà beneficiaria del CFO dopo le transazioni. Entrambi i premi sono stati concessi come inducement awards secondo la Regola NYSE 303A.08 e sono stati acquisiti a costo zero, senza acquisti o vendite sul mercato aperto di azioni ordinarie. Non sono stati coinvolti strumenti derivati e non sono state segnalate cessioni.

I piani di maturazione pluriennali mirano a incentivare la creazione di valore a lungo termine, mentre l'emissione di nuove azioni introduce un lieve elemento diluitivo. Nessun altro indicatore finanziario, vendita o esercizio di opzioni è stato divulgato nella comunicazione.

Expro Group Holdings N.V. (XPRO) presentó un Formulario 4 revelando concesiones de acciones a su recientemente reportado Director Financiero, Sergio L. Maiworm Jr. El 30 de junio de 2025, el ejecutivo recibió dos premios separados de unidades restringidas de acciones (RSUs):

  • 286,041 RSUs que se consolidan completamente el 30 de junio de 2028.
  • 42,792 RSUs que se consolidan en un tercio cada una el 30 de junio de 2026, 2027 y 2028.

Las 328,833 RSUs combinadas representan la propiedad beneficiaria total del CFO tras las transacciones. Ambos premios fueron otorgados como inducement awards bajo la Regla NYSE 303A.08 y fueron adquiridos a costo cero, sin compras ni ventas en el mercado abierto de acciones comunes. No se involucraron valores derivados ni se reportaron disposiciones.

Los planes de consolidación plurianuales buscan fomentar la creación de valor a largo plazo, mientras que la emisión de nuevas acciones introduce un leve elemento dilutivo. No se divulgaron otros indicadores financieros, ventas ni ejercicios de opciones en la presentación.

Expro Group Holdings N.V. (XPRO)� 새로 보고� 최고재무책임�(CFO) Sergio L. Maiworm Jr.에게 주식 부여를 공시하는 Form 4� 제출했습니다. 2025� 6� 30�, 해당 임원은 � 가지 별도� 제한 주식 단위(RSU)� 받았습니�:

  • 286,041 RSU가 2028� 6� 30일에 일시� 완전� 취득됩니�.
  • 42,792 RSU� 2026�, 2027�, 2028� 6� 30일에 각각 3분의 1� 취득됩니�.

328,833 RSU� 거래 � CFO가 보유� 전체 실질 소유 지분을 나타냅니�. � 부� 모두 NYSE 규칙 303A.08� 따른 유인 보상으로, 비용 없이 취득되어 공개 시장에서 보통주를 매매하지 않았음을 의미합니�. 파생 증권은 포함되지 않았으며, 처분� 보고되지 않았습니�.

다년간의 취득 일정은 장기적인 가� 창출� 장려하기 위한 것이�, 신주 발행은 소폭� 희석 효과� 가져옵니다. 제출서류에는 다른 재무 지�, 매출 또는 옵션 행사 내용� 공개되지 않았습니�.

Expro Group Holdings N.V. (XPRO) a déposé un formulaire 4 révélant des attributions d’actions à son nouveau directeur financier, Sergio L. Maiworm Jr. Le 30 juin 2025, le dirigeant a reçu deux attributions distinctes d’unités d’actions restreintes (RSU) :

  • 286 041 RSU qui deviendront entièrement acquises le 30 juin 2028.
  • 42 792 RSU qui seront acquises par tiers les 30 juin 2026, 2027 et 2028.

Le total de 328 833 RSU représente la totalité de la propriété bénéficiaire déclarée du CFO après ces transactions. Les deux attributions ont été accordées en tant que inducement awards selon la règle NYSE 303A.08 et ont été obtenues à coût nul, ce qui signifie qu’aucun achat ou vente d’actions ordinaires sur le marché ouvert n’a eu lieu. Aucun instrument dérivé n’a été impliqué et aucune cession signalée.

Les calendriers d’acquisition pluriannuels visent à encourager la création de valeur à long terme, tandis que l’émission de nouvelles actions introduit un léger effet dilutif. Aucun autre indicateur financier, vente ou exercice d’option n’a été divulgué dans le dépôt.

Expro Group Holdings N.V. (XPRO) hat ein Formular 4 eingereicht, das Aktienzuteilungen an seinen neu gemeldeten Chief Financial Officer, Sergio L. Maiworm Jr., offenlegt. Am 30. Juni 2025 erhielt der Geschäftsführer zwei getrennte Zuteilungen von Restricted Stock Units (RSUs):

  • 286.041 RSUs, die am 30. Juni 2028 vollständig vesten.
  • 42.792 RSUs, die jeweils zu einem Drittel am 30. Juni 2026, 2027 und 2028 vesten.

Die insgesamt 328.833 RSUs stellen das gesamte gemeldete wirtschaftliche Eigentum des CFO nach den Transaktionen dar. Beide Zuteilungen wurden als Inducement Awards gemäß NYSE-Regel 303A.08 gewährt und zu null Kosten erworben, was bedeutet, dass kein Kauf oder Verkauf von Stammaktien am offenen Markt stattfand. Es waren keine Derivate beteiligt, und es wurden keine Veräußerungen gemeldet.

Die mehrjährige Vesting-Planung soll die langfristige Wertschöpfung fördern, während die Ausgabe neuer Aktien einen moderaten Verwässerungseffekt mit sich bringt. In der Einreichung wurden keine weiteren Finanzkennzahlen, Verkäufe oder Optionsausübungen offengelegt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Goldsteen Mitchell B.

(Last) (First) (Middle)
C/O SHIMMICK CORPORATION
530 TECHNOLOGY DRIVE, SUITE 300

(Street)
IRVINE CA 92618

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Shimmick Corp [ SHIM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 06/30/2025 06/30/2025 S(1) 1,700 D $1.72(2) 21,383,076 I By GOHO, LLC(3)
Common Stock, par value $0.01 per share 07/01/2025 07/01/2025 S(1) 29,639 D $1.99(4) 21,353,437 I By GOHO, LLC(3)
Common Stock, par value $0.01 per share 07/02/2025 07/02/2025 S(1) 4,470 D $1.96(5) 21,348,967 I By GOHO, LLC(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on August 20, 2024.
2. The price reported in column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $1.71 to $1.74, inclusive. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
3. The reporting person owns the securities indirectly through GOHO, LLC, of which Mr. Goldsteen is the sole managing member. Mr. Goldsteen disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein.
4. The price reported in column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $1.66 to $2.21, inclusive. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
5. The price reported in column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $1.84 to $2.05, inclusive. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
/s/ John Carpenter, Power of Attorney for Mitchell B. Goldsteen 07/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many RSUs were granted to XPRO CFO Sergio Maiworm?

The Form 4 reports a total of 328,833 restricted stock units granted.

What are the vesting dates for the newly granted RSUs to XPRO’s CFO?

286,041 RSUs vest on 30 June 2028; 42,792 RSUs vest one-third each on 30 June 2026, 2027 and 2028.

Did the CFO of Expro Group buy or sell shares in this Form 4?

No. The filing shows equity grants at $0 cost; there were no open-market purchases or sales.

What transaction code appears in XPRO’s latest Form 4?

The transaction code is A, indicating an acquisition of shares (grants).

How many XPRO shares does the CFO beneficially own after the transactions?

Following the grants, the CFO beneficially owns 328,833 RSUs, contingent on vesting.
SHIMMICK CORPORATION

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Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
United States
IRVINE