Battalion Oil general counsel sells 6,479 shares

Rhea-AI Filing Summary

BATTALION OIL CORP (BATL) reported that Walter R. Mayer, SVP and General Counsel, sold 6,479 shares of common stock on August 26, 2026 in an open-market or private transaction at a weighted average price of $1.302 per share, with trade prices ranging from $1.3000 to $1.3050. These shares were acquired upon settlement of restricted stock units granted on February 20, 2020 under the company’s equity incentive plan, and were approved by the Board of Directors under Rule 16b-3. After this sale, Mayer directly holds 174 shares of BATL common stock.

Insider Trade Summary

Net Seller: 6,479 shares

Net Sell 1 txn

Insider Mayer Walter R

Role SVP, General Counsel

Sold 6,479 shs ($8K)

Type	Security	Shares	Price	Value
Sale	Common Stock F2, F1	6,479	$1.302	$8K

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

Footnotes (2)

1. F1. The sales were executed in multiple trades at prices ranging from $1.3000 to $1.3050, inclusive. The price reported reflects the weighted average sale price.
2. F2. The shares sold were acquired by the Reporting Person upon settlement of restricted stock units (RSU) granted on February 20, 2020 under the Issuer's equity incentive plan, as previously reported on the Reporting Person's Forms 4 filed on June 23, 2026 and July 17, 2026. The RSU grant and issuance of the shares upon settlement of the RSUs was approved by the Board of Directors and was exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3. None of the reported securities were acquired through a market purchase.

Key Figures

Shares sold: 6,479 shares Weighted average sale price: $1.302 per share Sale price range: $1.3000–$1.3050 per share +2 more

5 metrics

Shares sold 6,479 shares Common stock sold on August 26, 2026

Weighted average sale price $1.302 per share Common stock sales on August 26, 2026

Sale price range $1.3000–$1.3050 per share Prices for multiple trades in reported sale

Shares owned after transaction 174 shares Direct BATL common stock holdings after sale

RSU grant date February 20, 2020 Grant date of RSUs that settled into the shares sold

Key Terms

restricted stock units (RSU), equity incentive plan, Section 16(b) of the Securities Exchange Act of 1934, Rule 16b-3

4 terms

restricted stock units (RSU) financial

"The shares sold were acquired by the Reporting Person upon settlement of restricted stock units (RSU) granted"

equity incentive plan financial

"RSU granted on February 20, 2020 under the Issuer's equity incentive plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

Section 16(b) of the Securities Exchange Act of 1934 regulatory

"exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3"

Rule 16b-3 regulatory

"exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BATL insider Walter R. Mayer report in this Form 4?

Walter R. Mayer, SVP and General Counsel of BATL, reported selling 6,479 shares of Battalion Oil Corp common stock on August 26, 2026, in an open-market or private transaction, and now directly holds 174 shares.

At what price were the BATL shares sold in this insider transaction?

The 6,479 BATL shares were sold at a weighted average price of $1.302 per share. The filing states that the individual trade prices ranged from $1.3000 to $1.3050, inclusive.

How many BATL shares does Walter R. Mayer hold after the reported sale?

After the reported sale, Walter R. Mayer directly holds 174 shares of Battalion Oil Corp common stock, according to the Form 4 filing.

What is the origin of the BATL shares sold by Walter R. Mayer?

The shares sold were acquired upon settlement of restricted stock units (RSUs) granted on February 20, 2020 under Battalion Oil Corp’s equity incentive plan. The filing notes that none of the reported securities were acquired through a market purchase.

Were the BATL RSU-related transactions exempt under Section 16(b)?

Yes. The RSU grant and the issuance of shares upon settlement were approved by the Board of Directors and described as exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3.

Was this BATL insider sale made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the transaction was made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/28/2026 - 06:35 PM EDT Accepted by SEC EDGAR 08/28/2026 - 06:34 PM EDT Learn about SEC filing dates

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)
08/26/2026

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	08/26/2026		S		6,479(2)	D	$1.302(1)	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:

1. The sales were executed in multiple trades at prices ranging from $1.3000 to $1.3050, inclusive. The price reported reflects the weighted average sale price.

2. The shares sold were acquired by the Reporting Person upon settlement of restricted stock units (RSU) granted on February 20, 2020 under the Issuer's equity incentive plan, as previously reported on the Reporting Person's Forms 4 filed on June 23, 2026 and July 17, 2026. The RSU grant and issuance of the shares upon settlement of the RSUs was approved by the Board of Directors and was exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3. None of the reported securities were acquired through a market purchase.

	/s/ Walter Mayer	08/28/2026
	** 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)