Blue Dolphin Energy director buys 200 shares at $9.95

Director-level insider at BLUE DOLPHIN ENERGY CO bought 200 BDCO shares in the open market, bringing direct holdings to 300 shares.

Rhea-AI Filing Summary

BLUE DOLPHIN ENERGY CO (BDCO) insider William Christopher McDougall, identified as Director of Corporate Development, reported an open-market purchase of 200 shares of common stock on September 3, 2026 at $9.95 per share. After this transaction, he directly holds 300 shares of BDCO common stock. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 200 shares

Net Buy 1 txn

Insider McDougall William Christopher

Role Insider

Bought 200 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	200	$9.95	$2K

Holdings After Transaction: Common Stock — 300 shares (Direct)

Key Figures

Shares purchased: 200 shares Purchase price per share: $9.95 per share Shares owned after transaction: 300 shares +1 more

4 metrics

Shares purchased 200 shares Open-market purchase on September 3, 2026

Purchase price per share $9.95 per share Common stock transaction on September 3, 2026

Shares owned after transaction 300 shares Direct holdings following the reported purchase

Net buy shares 200 shares Net change in non-derivative holdings from this Form 4

Key Terms

open market or private transaction, Rule 10b5-1, directly owns

3 terms

open market or private transaction financial

"Purchase in open market or private transaction"

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for this transaction"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

directly owns financial

"he directly owns 300 shares of common stock"

FAQ

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

What insider transaction did BDCO report in this Form 4?

BLUE DOLPHIN ENERGY CO reported that William Christopher McDougall purchased 200 shares of BDCO common stock in an open-market transaction on September 3, 2026.

At what price were the BDCO shares purchased by the insider?

William Christopher McDougall bought BDCO common stock at a price of $9.95 per share in the reported September 3, 2026 transaction.

How many BDCO shares does the insider hold after this transaction?

Following the September 3, 2026 purchase, William Christopher McDougall directly owns 300 shares of BLUE DOLPHIN ENERGY CO common stock.

Was the BDCO insider trade made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 trading plan checkbox is not selected, so no Rule 10b5-1 plan is reported for this transaction.

What is the role of the reporting person in relation to BDCO?

The reporting person, William Christopher McDougall, is identified in the filing as Director of Corporate Development for BLUE DOLPHIN ENERGY CO.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/08/2026 - 03:27 PM Accepted by SEC EDGAR 09/08/2026 - 03:27 PM 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^*

McDougall William Christopher

(Last) (First) (Middle)

C/O BLUE DOLPHIN ENERGY COMPANY

2301 COMMERCE STREET, SUITE 140

(Street)

HOUSTON TEXAS 77002

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BLUE DOLPHIN ENERGY CO [ BDCO ]

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

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Director of Corp. Development

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026

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	09/03/2026		P		200	A	$9.95	300	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/ William Christopher McDougall	09/08/2026
	** 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)