VAALCO Energy (NYSE: EGY) grants 23,173 restricted shares to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LaFehr Edward David reported acquisition or exercise transactions in this Form 4 filing.
VAALCO Energy director Edward David LaFehr received a grant of 23,173 shares of restricted common stock. The shares were granted at no cash cost on June 4, 2026 as equity compensation for his board service.
All of the restricted shares vest on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after that date, but not less than fifty weeks after the grant. Vesting requires that he remain an outside director continuously through the vesting date. After this grant, LaFehr directly holds 117,184 shares of VAALCO Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LaFehr Edward David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,173 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 117,184 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 23,173 shares
Grant price: $0.00 per share
Total holdings after grant: 117,184 shares
+1 more
4 metrics
Restricted stock grant
23,173 shares
Granted to director Edward David LaFehr on June 4, 2026
Grant price
$0.00 per share
Equity compensation, no cash paid by director
Total holdings after grant
117,184 shares
Director’s direct ownership following the restricted stock grant
Vesting trigger
Earlier of first anniversary or first annual meeting
Subject to at least fifty weeks after June 4, 2026 and continued service
Key Terms
restricted stock, Grant Date, vest, annual meeting of stockholders, +1 more
5 terms
restricted stock financial
"Represents shares of restricted stock of VAALCO Energy, Inc. (the "Issuer") granted to the reporting person"
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.
Grant Date financial
"granted to the reporting person on June 4, 2026 (the "Grant Date")"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vest financial
"All of the shares vest on the earlier of (i) the first anniversary of the Grant Date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"or (ii) the first annual meeting of stockholders of the Issuer following the Grant Date"
outside director financial
"provided, that the reporting person is then, and continuously from the Grant Date has been, an outside director of the Issuer"
