Battalion Oil (BATL) awards 283,100 RSUs to CEO Matthew Steele
Rhea-AI Filing Summary
Steele Matthew reported acquisition or exercise transactions in this Form 4 filing.
Battalion Oil Corp reported that Chief Executive Officer Matthew Steele received a grant of 283,100 restricted stock units on July 15, 2026. Each RSU represents a contingent right to receive one share of common stock. The award vests in four equal annual installments beginning July 15, 2027, and results in a directly held RSU position of 283,100 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steele Matthew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 283,100 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 283,100 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 283100.0000 units
Underlying common shares: 283100.0000 shares
Transaction price per unit: 0.0000
+3 more
6 metrics
RSUs granted
283100.0000 units
Restricted stock units granted to CEO on July 15, 2026
Underlying common shares
283100.0000 shares
Each RSU represents the right to receive one share of common stock
Transaction price per unit
0.0000
Grant price per restricted stock unit
Vesting installments
4
RSUs vest in four equal annual installments
Vesting start date
July 15, 2027
First installment of RSUs is scheduled to vest on this date
Total RSUs after grant
283100.0000 units
Total derivative shares following the reported RSU grant
Key Terms
Restricted Stock Unit, contingent right, vest in four equal annual installments
3 terms
Restricted Stock Unit financial
"The Reporting Person received an award of restricted stock units ("RSUs") granted on July 15, 2026."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each RSU represents a contingent right to receive one share of Issuer's common stock."
vest in four equal annual installments financial
"The RSUs vest in four equal annual installments beginning July 15, 2027."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Battalion Oil (BATL) grant its CEO?
Battalion Oil Corp granted Chief Executive Officer Matthew Steele 283,100 restricted stock units on July 15, 2026. This equity award is reported as a direct holding and reflects a grant or award acquisition, rather than an open-market purchase, with the units tied to common stock.
How many RSUs did Matthew Steele receive in the BATL Form 4?
Matthew Steele received 283,100 restricted stock units, with each RSU corresponding to one share of Battalion Oil common stock. The transaction is coded as a grant or award acquisition, recorded at a price per unit of 0.0000, indicating no cash paid for the grant itself.
What is the vesting schedule of the RSUs granted to BATL's CEO?
The RSU award to Matthew Steele vests in four equal annual installments, beginning on July 15, 2027. Each year on that date, one-quarter of the units is scheduled to vest, gradually becoming deliverable as common stock according to the award’s terms.
Is the Battalion Oil (BATL) CEO RSU grant made under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan for this RSU grant. The transaction is coded as a grant or award acquisition, not as a purchase or sale under a pre-arranged Rule 10b5-1 trading arrangement.
How does this Form 4 affect Matthew Steele’s reported BATL holdings?
After the RSU grant, Matthew Steele is reported as directly holding 283,100 derivative shares linked to Battalion Oil common stock. This figure appears as the total shares following the transaction for the restricted stock unit award described in the Form 4 data.