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Battalion Oil (BATL) awards 283,100 RSUs to CEO Matthew Steele

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. [object Object]
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
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.

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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.

What does each RSU represent for Battalion Oil (BATL) shareholders?

Each restricted stock unit granted to Matthew Steele represents a contingent right to receive one share of Battalion Oil common stock. When the RSUs vest, the company is obligated under the award terms to deliver the corresponding number of common shares to the reporting person.

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.
SEC Form 4
FORM 4UNITED 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*
Steele Matthew

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)07/15/2026A283,100 (1) (1)Common Stock283,100$0.00283,100D
Explanation of Responses:
1. The Reporting Person received an award of restricted stock units ("RSUs") granted on July 15, 2026. Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in four equal annual installments beginning July 15, 2027.
/s/ Walter R. Mayer, Attorney-in-fact07/17/2026
** Signature of Reporting PersonDate
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)