Battalion Oil VP sells 7,623 company shares
BATTALION OIL CORP vice president and controller Charles E. Martin reported an open-market sale of 7,623 shares of common stock at $5.25 per share.
Rhea-AI Filing Summary
BATTALION OIL CORP vice president and controller Charles E. Martin reported an open-market sale of 7,623 shares of common stock at $5.25 per share. This transaction reduced his directly held Battalion Oil common stock to zero shares following the sale.
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Insights
Key finance executive sold 7,623 Battalion Oil shares, leaving no direct holdings.
BATTALION OIL CORP officer Charles E. Martin, the VP and controller, executed an open-market sale of 7,623 common shares at $5.25 each. The filing shows this was a straightforward non-derivative transaction, with no related option exercises or derivative activity disclosed.
After the sale, Martin’s directly owned common stock position is reported as zero shares. Without data on his prior indirect holdings or the company’s total shares outstanding, the overall significance for ownership structure is hard to gauge, but it does mark a full exit from his reported direct position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,623 | $5.25 | $40K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BATTALION OIL CORP (BATL) report for Charles E. Martin?
Does the Form 4 for BATTALION OIL CORP show any option exercises or derivatives for Charles E. Martin?
What is the net effect of the reported Form 4 transaction on Charles E. Martin’s BATL holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.