VAALCO Energy (EGY) CFO receives time- and performance-based stock awards

Rhea-AI Filing Summary

Bain Ronald Y reported acquisition or exercise transactions in this Form 4 filing.

VAALCO Energy Chief Financial Officer Ronald Y. Bain received equity compensation grants of common stock. On 2026-06-04, he was awarded 101,500 shares of restricted stock and a separate grant of 72,456 shares, both at a price of $0.00 per share as part of compensation.

The first award vests in three equal annual installments starting one year after the grant date. The second award also vests in three equal annual installments beginning on the first anniversary, but only if the company’s stock price meets appreciation thresholds of 10.0%, 15.0%, and 20.0% based on a 30‑day average from the grant date price.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bain Ronald Y

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	72,456	$0.00	--
Grant/Award	Common Stock	101,500	$0.00	--

Holdings After Transaction: Common Stock — 382,842 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: 101,500 shares Restricted stock grant 2: 72,456 shares Post-grant holdings example: 484,342 shares +3 more

6 metrics

Restricted stock grant 1 101,500 shares Time-vested in three equal annual installments

Restricted stock grant 2 72,456 shares Performance- and time-vested in three equal annual installments

Post-grant holdings example 484,342 shares Total common shares held after one reported grant

Vesting schedule 3 annual installments Each grant vests over three years from first anniversary

Performance hurdles 10.0%, 15.0%, 20.0% Stock price appreciation thresholds for second grant vesting

Grant price $0.00 per share Equity compensation, no cash paid for awarded shares

Key Terms

restricted stock, 2020 Long Term Incentive Plan, stock price appreciation, 30-day average stock price

4 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"

30-day average stock price financial

"using a 30-day average stock price from the stock price on the date of the grant"

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 →

Available on EDGAR 06/08/2026 - 07:07 PM Accepted by SEC EDGAR 06/08/2026 - 07:06 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^*

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)
06/04/2026

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		72,456(1)	A	$0.00	382,842	D
Common Stock	06/04/2026		A		101,500(2)	A	$0.00	484,342	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/ Ronald Bain 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) CFO Ronald Y. Bain report in this Form 4?

Ronald Y. Bain reported receiving two grants of VAALCO Energy common stock as equity compensation. One grant covers 101,500 restricted shares and another 72,456 restricted shares, both awarded at no cash cost, under the company’s long-term incentive plan.

How many VAALCO Energy (EGY) shares were granted to the CFO in this filing?

The CFO received 101,500 restricted shares in one grant and 72,456 restricted shares in a second grant. Both awards are in VAALCO Energy common stock and are structured to vest over time rather than being immediately vested.

Are the VAALCO Energy (EGY) CFO’s new stock awards immediately vested?

No, the awards are not immediately vested. Each grant vests in three equal annual installments starting on the first anniversary of the grant date, meaning the CFO earns the shares gradually over three years of continued service.

What performance conditions apply to the VAALCO Energy (EGY) CFO’s second stock grant?

The second grant’s vesting depends on VAALCO’s stock price appreciation. Vesting tranches require stock price increases of 10.0%, 15.0%, and 20.0%, measured using a 30-day average stock price from the grant date reference price.

Did the VAALCO Energy (EGY) CFO buy shares on the open market in this Form 4?

No, this Form 4 does not show any open-market purchases or sales. It reflects equity compensation grants of restricted stock awarded at a price of $0.00 per share, rather than voluntary market transactions by the CFO.