STOCK TITAN

VAALCO Energy (NYSE: EGY) CAO uses 1,356 shares for tax withholding

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

Rhea-AI Filing Summary

VAALCO Energy's Chief Accounting Officer reports routine tax withholding. Lynn Willis had 1,356 shares of VAALCO Energy common stock withheld at $5.53 per share to cover tax obligations when restricted stock vested. After this non-market transaction, Willis directly holds 63,192 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Willis Lynn
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock 1,356 $5.53 $7K
Holdings After Transaction: Common Stock — 63,192 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,356 shares Tax-withholding disposition on common stock
Price per share $5.53 per share Value used for tax-withholding shares
Shares held after transaction 63,192 shares Direct common stock holdings following Form 4 event
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."
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities"
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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)
06/08/2026
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 Stock06/08/2026F1,356(1)D$5.5363,192D
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-fact06/10/2026
** 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) report for Lynn Willis?

VAALCO Energy reported that Chief Accounting Officer Lynn Willis had 1,356 common shares withheld to cover tax obligations upon restricted stock vesting. This was a tax-withholding disposition, not an open-market sale or purchase of additional shares.

How many VAALCO Energy (EGY) shares were involved in the June 8, 2026 tax withholding?

The filing shows 1,356 shares of VAALCO Energy common stock were withheld at $5.53 per share. These shares satisfied tax withholding obligations tied to the vesting of restricted stock, rather than being sold into the open market.

How many VAALCO Energy (EGY) shares does Lynn Willis hold after this Form 4 transaction?

Following the tax-withholding disposition, Lynn Willis directly holds 63,192 shares of VAALCO Energy common stock. This context shows the withheld 1,356 shares represent a small portion of the overall direct holdings reported in the filing.

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

The transaction was a tax event, not an open-market trade. Shares were withheld to satisfy tax withholding obligations upon vesting of restricted stock, classified with code F, which indicates payment of tax liability by delivering securities.

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

Transaction code F on the Form 4 indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,356 shares were withheld from Lynn Willis to cover tax obligations when restricted stock awards vested.