STOCK TITAN

VAALCO Energy (EGY) CAO has 2,586 shares withheld for tax on RSU vest

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

VAALCO Energy’s Chief Accounting Officer Lynn Willis reported a routine tax-related share disposition. On the vesting of restricted stock, 2,586 shares of common stock were withheld by the company at $5.29 per share to satisfy tax withholding obligations.

These shares were not sold on the open market but retained by the issuer for taxes. After this withholding, Willis directly owns 64,548 shares of VAALCO Energy common stock, indicating she continues to hold a substantial equity position following the vesting event.

Positive

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Insider Willis Lynn
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock 2,586 $5.29 $14K
Holdings After Transaction: Common Stock — 64,548 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 2,586 shares Tax withholding on restricted stock vesting
Withholding price $5.29 per share Value used for tax-withholding disposition
Shares owned after transaction 64,548 shares Direct holdings after tax withholding
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."
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.
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.
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.
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SEC Form 4
FORM 4UNITED 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*
Willis Lynn

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026F2,586(1)D$5.2964,548D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
/s/ Lynn Willis by Matthew Powers as attorney-in-fact06/09/2026
** Signature of Reporting PersonDate
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 Lynn Willis?

VAALCO Energy reported that Chief Accounting Officer Lynn Willis had 2,586 shares of common stock withheld to cover taxes upon restricted stock vesting. This is a tax-withholding disposition, not an open-market sale, and reflects standard equity compensation mechanics.

How many VAALCO Energy (EGY) shares were withheld for Lynn Willis’s taxes?

A total of 2,586 VAALCO Energy common shares were withheld to satisfy Lynn Willis’s tax obligations on vested restricted stock. The withholding price was $5.29 per share, based on the transaction details reported in the Form 4 insider filing.

Did Lynn Willis sell VAALCO Energy (EGY) shares in the open market?

No, Lynn Willis did not sell shares in the open market. The Form 4 shows shares withheld by the company to pay tax withholding on vested restricted stock, which is categorized as a tax-withholding disposition rather than a discretionary market sale.

How many VAALCO Energy (EGY) shares does Lynn Willis hold after the transaction?

Following the tax-withholding transaction, Lynn Willis directly owns 64,548 shares of VAALCO Energy common stock. This figure reflects her post-transaction holdings after 2,586 shares were retained by the company to cover her restricted stock tax liabilities.

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

Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this VAALCO Energy filing, it means shares from restricted stock vesting were withheld to cover Lynn Willis’s tax withholding obligations, not sold into the public market.