VAALCO Energy (NYSE: EGY) CFO stock withheld to cover tax obligations

Rhea-AI Filing Summary

VAALCO Energy Chief Financial Officer Ronald Y. Bain reported routine tax-related share dispositions tied to restricted stock vesting. On these transactions, a total of 14,579 shares of common stock were withheld at $5.53 per share to satisfy tax withholding obligations. After the transactions, he directly holds 438,395 shares of VAALCO Energy common stock. These dispositions were not open-market sales but automatic withholdings for taxes.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bain Ronald Y

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	8,612	$5.53	$48K
Tax Withholding	Common Stock	5,967	$5.53	$33K

Holdings After Transaction: Common Stock — 438,395 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Tax-withholding shares: 14,579 shares First tax-withholding lot: 5,967 shares Second tax-withholding lot: 8,612 shares +2 more

5 metrics

Tax-withholding shares 14,579 shares Total common shares withheld for tax obligations

First tax-withholding lot 5,967 shares Common stock withheld at $5.53 per share

Second tax-withholding lot 8,612 shares Common stock withheld at $5.53 per share

Reference price per share $5.53 per share Value used for tax-withholding dispositions

Shares held after transactions 438,395 shares CFO’s direct common stock ownership after tax withholding

Key Terms

restricted stock, tax withholding obligations, Common Stock, tax-withholding disposition, +1 more

5 terms

restricted stock financial

"Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

tax withholding obligations financial

"Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock."

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.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

transaction code "F" financial

"transaction_code": "F""

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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^*

Bain Ronald Y

(Last) (First) (Middle)

2500 CITYWEST BLVD.,

SUITE 400

(Street)

HOUSTON TEXAS 77042

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VAALCO ENERGY INC /DE/ [ EGY ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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	06/08/2026		F		8,612(1)	D	$5.53	438,395	D
Common Stock	06/08/2026		F		5,967(1)	D	$5.53	432,428	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. Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.

	/s/ Ronald Bain by Matthew Powers as attorney-in-fact	06/10/2026
	** 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 VAALCO Energy (EGY) disclose for CFO Ronald Bain?

VAALCO Energy disclosed that CFO Ronald Y. Bain had shares withheld to cover taxes on restricted stock vesting. Two dispositions totaling 14,579 common shares were recorded as tax-withholding events, not open-market sales, at a reported price of $5.53 per share.

Were the VAALCO Energy (EGY) CFO transactions open-market sales?

No, the CFO’s transactions were not open-market sales. They were coded as “F” transactions, meaning shares were withheld to pay tax liabilities upon restricted stock vesting, a routine administrative event rather than discretionary buying or selling in the market.

How many VAALCO Energy (EGY) shares were withheld for the CFO’s taxes?

A total of 14,579 VAALCO Energy common shares were withheld to satisfy tax withholding obligations. The dispositions occurred in two entries of 5,967 and 8,612 shares, both tied to restricted stock vesting and recorded at a reference price of $5.53 per share.

What is Ronald Bain’s VAALCO Energy (EGY) shareholding after the tax withholding?

After the tax-withholding transactions, Ronald Y. Bain directly holds 438,395 VAALCO Energy common shares. This figure reflects his remaining ownership following the restricted stock vesting-related withholdings and provides context for the relative scale of the tax dispositions.

What does transaction code "F" mean in the VAALCO Energy (EGY) insider report?

Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this VAALCO Energy report, it means shares of common stock were withheld from the CFO’s vested restricted stock to meet tax obligations, rather than sold on the open market.

How many tax-withholding transactions did the VAALCO Energy (EGY) CFO report?

The CFO reported two tax-withholding transactions. Both involved common stock on the same date and are classified as disposals for tax obligations, with no corresponding open-market purchases or sales reported in this disclosure for VAALCO Energy shares.