VAALCO Energy (NYSE: EGY) COO granted time- and performance-based stock

Rhea-AI Filing Summary

Pruckl Thor reported acquisition or exercise transactions in this Form 4 filing.

VAALCO Energy Chief Operating Officer Thor Pruckl reported receiving two grants of common stock as equity compensation. One award covers 44,387 shares of restricted stock that vest in three equal annual installments starting one year after grant. A second 31,686-share restricted stock award also vests in three annual tranches, contingent on stock price appreciation thresholds of 10%, 15% and 20% based on a 30‑day average price. These are grants at no cash cost to the executive and not open‑market share purchases.

Insights

Executive compensation analyst

Routine equity compensation grants increase the COO’s share-based incentives.

The filing shows Thor Pruckl, VAALCO’s COO, acquiring common stock through two equity grants under the 2020 Long Term Incentive Plan. These are compensation awards, not open-market purchases, so they do not represent discretionary buying activity.

One grant is time-based restricted stock vesting over three years, while the other adds performance conditions tied to stock price appreciation at 10%, 15% and 20%. This mix aligns part of the COO’s pay with long-term share performance but is structurally standard for executive packages.

Post-grant holdings of 540,323 and 495,936 shares reported in the two transactions indicate a sizable equity stake. Overall, this is a routine compensation event rather than a thesis-changing insider trade.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Pruckl Thor

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	31,686	$0.00	--
Grant/Award	Common Stock	44,387	$0.00	--

Holdings After Transaction: Common Stock — 495,936 shares (Direct, null)

Footnotes (1)

1. Represents shares of restricted stock granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan (the "Plan"). The shares vest in three equal annual installments beginning on the first anniversary of the date of grant. Represents shares of restricted stock granted to the reporting person pursuant to the Plan. The option vests in three equal annual installments beginning on the first anniversary of the date of grant based upon satisfaction of stock price appreciation of 10.0%, 15.0% and 20.0%, respectively, using a 30-day average stock price from the stock price on the date of the grant.

Key Figures

Restricted stock grant 1: 44,387 shares Restricted stock grant 2: 31,686 shares Shares held after first reported grant: 540,323 shares +1 more

4 metrics

Restricted stock grant 1 44,387 shares Time-based restricted stock awarded to COO

Restricted stock grant 2 31,686 shares Performance-based restricted stock awarded to COO

Shares held after first reported grant 540,323 shares Total common stock directly owned after one transaction

Shares held after second reported grant 495,936 shares Total common stock directly owned after another transaction

Key Terms

restricted stock, 2020 Long Term Incentive Plan, stock price appreciation

3 terms

restricted stock financial

"Represents shares of restricted stock granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan"

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.

2020 Long Term Incentive Plan financial

"granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan (the "Plan")"

stock price appreciation financial

"based upon satisfaction of stock price appreciation of 10.0%, 15.0% and 20.0%, respectively"

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

Add on Google Not now

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^*

Pruckl Thor

(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 Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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	06/04/2026		A		31,686(1)	A	$0.00	495,936	D
Common Stock	06/04/2026		A		44,387(2)	A	$0.00	540,323	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. Represents shares of restricted stock granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan (the "Plan"). The shares vest in three equal annual installments beginning on the first anniversary of the date of grant.

2. Represents shares of restricted stock granted to the reporting person pursuant to the Plan. The option vests in three equal annual installments beginning on the first anniversary of the date of grant based upon satisfaction of stock price appreciation of 10.0%, 15.0% and 20.0%, respectively, using a 30-day average stock price from the stock price on the date of the grant.

	/s/ Thor Pruckl by Matthew Powers as attorney-in-fact	06/08/2026
	** 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)

FAQ

What did VAALCO Energy (EGY) COO Thor Pruckl report in this Form 4?

The Form 4 shows COO Thor Pruckl receiving two equity grants of VAALCO Energy common stock as compensation. Both are awards under the company’s 2020 Long Term Incentive Plan, rather than open-market share purchases or sales.

How many VAALCO Energy (EGY) shares were granted to the COO in these awards?

Thor Pruckl was granted 44,387 shares of restricted stock in one award and 31,686 shares in another. Each award is reported at a price of $0.0000 per share, consistent with stock-based compensation rather than a market transaction.

How do the new VAALCO Energy (EGY) restricted stock awards vest for the COO?

Both grants vest in three equal annual installments beginning on the first anniversary of the grant date. One is purely time-based restricted stock, while the second requires meeting stock price appreciation hurdles for each vesting tranche.

What performance conditions apply to one of the VAALCO Energy (EGY) COO’s grants?

The second grant vests in three annual installments only if VAALCO’s stock meets appreciation thresholds of 10.0%, 15.0% and 20.0%. These hurdles are measured using a 30‑day average stock price from the price on the grant date.

Are these VAALCO Energy (EGY) COO transactions open-market buys or compensation grants?

They are compensation grants, not market purchases. The Form 4 uses transaction code “A” for grant or award, shows a $0.0000 price per share, and footnotes confirm they are restricted stock granted under VAALCO’s 2020 Long Term Incentive Plan.