Battalion Oil (NYSE: BATL) SVP sells 4,777 common shares

Rhea-AI Filing Summary

Battalion Oil Corp senior vice president and general counsel Walter R. Mayer reported an open-market sale of company common stock. On March 27, 2026, he sold 4,777 shares at $6.00 per share, and after this transaction he directly owned 174 shares of common stock.

Insider Trade Summary

Net Seller: 4,777 shares ($28,662)

Net Sell 1 txn

Insider Mayer Walter R

Role SVP, General Counsel

Sold 4,777 shs ($29K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,777	$6.00	$29K

Holdings After Transaction: Common Stock — 174 shares (Direct)

Footnotes (1)

Key Figures

Shares sold: 4,777 shares Sale price: $6.00 per share Shares owned after transaction: 174 shares +1 more

4 metrics

Shares sold 4,777 shares Open-market sale of common stock on March 27, 2026

Sale price $6.00 per share Price for the 4,777 common shares sold

Shares owned after transaction 174 shares Direct ownership reported following the sale

Number of sell transactions 1 transaction Single reported open-market sale in this Form 4

Key Terms

open-market sale, Common Stock, transaction code "S", Form 4

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code "S" financial

"transaction_code": "S""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Mayer Walter R

(Last) (First) (Middle)

820 GESSNER ROAD

SUITE 1100

(Street)

HOUSTON TEXAS 77024

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BATTALION OIL CORP [ BATL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/27/2026		S		4,777	D	$6	174	D

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:

	/s/ Walter R. Mayer	03/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Battalion Oil (BATL) disclose in this Form 4?

Battalion Oil disclosed that SVP and General Counsel Walter R. Mayer executed an open-market sale of the company’s common stock. He sold 4,777 shares at $6.00 per share on March 27, 2026, and reported direct ownership of 174 shares after the transaction.

Who at Battalion Oil (BATL) sold shares and what is their role?

The seller was Walter R. Mayer, who serves as senior vice president and general counsel at Battalion Oil. He is an officer of the company and reported this transaction on a Form 4 as a sale of common stock in an open-market transaction.

How many Battalion Oil (BATL) shares did the insider sell and at what price?

Walter R. Mayer sold 4,777 shares of Battalion Oil common stock at a reported price of $6.00 per share. The sale occurred on March 27, 2026, and was classified as an open-market or private transaction under transaction code “S.”

How many Battalion Oil (BATL) shares does the insider hold after the sale?

After the reported sale, Walter R. Mayer directly owned 174 shares of Battalion Oil common stock. This post-transaction holding reflects his remaining direct position as reported in the Form 4 following the 4,777-share open-market sale at $6.00 per share.

Was the Battalion Oil (BATL) insider trade a buy or sell transaction?

The trade was a sell transaction. The Form 4 lists transaction code “S” and describes it as an open-market sale, with 4,777 shares of Battalion Oil common stock sold at $6.00 per share by officer Walter R. Mayer on March 27, 2026.