VAALCO EVP reports 4,542-share tax withholding

VAALCO Energy executive Matthew R. Powers reported two tax-related share dispositions of company common stock.

Accepted by SEC EDGAR 06/10/2026 - 07:15 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

VAALCO Energy executive Matthew R. Powers reported two tax-related share dispositions of company common stock. On June 8, 2026, a total of 4,542 shares were withheld at $5.53 per share to satisfy tax obligations upon vesting of restricted stock, rather than sold in the open market. After these mandatory tax-withholding dispositions, Powers directly holds approximately 229,212 shares of VAALCO Energy common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 4,542 shares

Exercise Price or Tax Liability 2 txns

Insider POWERS MATTHEW R

Role EVP, Gen. Counsel & Corp. Sect

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,846	$5.53	$16K
Exercise Price or Tax Liability	Common Stock	1,696	$5.53	$9K

Holdings After Transaction: Common Stock — 229,212 shares (Direct)

Footnotes (1)

1. F1. Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.

Key Figures

Tax-withholding shares: 4,542 shares First withholding block: 1,696 shares Second withholding block: 2,846 shares +2 more

5 metrics

Tax-withholding shares 4,542 shares Total shares withheld for taxes on 2026-06-08

First withholding block 1,696 shares Code F disposition at $5.53 per share

Second withholding block 2,846 shares Code F disposition at $5.53 per share

Price per share $5.53 per share Value used for tax-withholding dispositions

Post-transaction holdings 230,908 shares Directly held common shares after transactions

Key Terms

tax-withholding disposition, restricted stock, Form 4, transaction code F, +1 more

5 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for both F-code entries"

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.

restricted stock financial

"footnote: "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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code F regulatory

"transaction_code: "F" for both non-derivative transactions"

beneficial ownership financial

"transactionSummary and holdings reflect beneficial ownership after dispositions"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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

What insider transaction did VAALCO Energy (EGY) report for Matthew R. Powers?

VAALCO Energy EVP and General Counsel Matthew R. Powers reported two tax-withholding dispositions totaling 4,542 common shares. The shares were withheld by the company to cover taxes due on vesting restricted stock, not sold in open-market transactions.

How many VAALCO Energy (EGY) shares were used for tax withholding in this Form 4?

A total of 4,542 VAALCO Energy common shares were disposed of as tax withholding. The filing shows two F-code transactions, for 1,696 and 2,846 shares, both priced at $5.53 per share to satisfy tax obligations on vested restricted stock.

Was the VAALCO Energy (EGY) Form 4 transaction an open-market sale?

The Form 4 does not report an open-market sale. Both transactions are Code F tax-withholding dispositions, where shares are surrendered to cover tax liabilities upon vesting of restricted stock, rather than actively sold into the market by the insider.

How many VAALCO Energy (EGY) shares does Matthew R. Powers hold after the Form 4 transactions?

After the tax-withholding dispositions, Matthew R. Powers directly holds about 230,908 VAALCO Energy common shares. This remaining position, reported in the filing, provides context for the relatively small size of the 4,542-share tax-withholding transaction.

What does transaction code F mean in the VAALCO Energy (EGY) Form 4?

Transaction code F indicates a tax-withholding disposition. In this filing, VAALCO Energy withheld shares from Matthew R. Powers to pay tax liabilities related to vesting restricted stock, rather than reflecting a discretionary purchase or sale in the open market.

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

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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^*

POWERS MATTHEW R

(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)
	EVP, Gen. Counsel & Corp. Sect

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		2,846(1)	D	$5.53	230,908	D
Common Stock	06/08/2026		F		1,696(1)	D	$5.53	229,212	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/ Matthew Powers	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)