VAALCO Energy (EGY) director receives 23,173-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nze-Bekale Fabrice reported acquisition or exercise transactions in this Form 4 filing.
VAALCO Energy director Fabrice Nze-Bekale received a grant of 23,173 shares of restricted common stock on June 4, 2026. The award vests in full on the earlier of the first anniversary of the grant date or the first annual stockholders’ meeting at least fifty weeks later, if he continues serving as an outside director. Following this grant, he directly holds 100,689 shares of VAALCO Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nze-Bekale Fabrice
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,173 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 100,689 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 23,173 shares
Grant price: $0.0000 per share
Shares held after grant: 100,689 shares
+1 more
4 metrics
Restricted stock grant
23,173 shares
Common stock awarded on June 4, 2026
Grant price
$0.0000 per share
Reported transaction price for restricted stock award
Shares held after grant
100,689 shares
Total direct holdings after the Form 4 transaction
Minimum vesting period
at least 50 weeks
From June 4, 2026 grant date until vesting eligibility
Key Terms
restricted stock, Grant Date, annual meeting of stockholders, outside director
4 terms
restricted stock financial
"Represents shares of restricted stock of VAALCO Energy, Inc. (the "Issuer") granted to the reporting person"
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.
Grant Date financial
"granted to the reporting person on June 4, 2026 (the "Grant Date")"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
annual meeting of stockholders financial
"the first annual meeting of stockholders of the Issuer following the Grant Date"
outside director financial
"provided, that the reporting person is then, and continuously from the Grant Date has been, an outside director of the Issuer"
FAQ
What insider transaction did VAALCO Energy (EGY) report for Fabrice Nze-Bekale?
VAALCO Energy reported that director Fabrice Nze-Bekale received a grant of 23,173 shares of restricted common stock on June 4, 2026. This is a compensation-related award, not an open-market buy or sell transaction, and carries a zero dollar grant price per share.
What are Fabrice Nze-Bekale’s VAALCO Energy (EGY) holdings after this Form 4 grant?
After the reported restricted stock grant, Fabrice Nze-Bekale directly holds 100,689 shares of VAALCO Energy common stock. This total reflects the addition of 23,173 granted shares, which are subject to vesting conditions tied to time and ongoing service on the board.
Is the VAALCO Energy (EGY) Form 4 grant an open-market purchase or sale?
The Form 4 shows a grant classified under code “A” as a grant, award, or other acquisition, not an open-market buy or sell. The 23,173 restricted shares were issued at a reported price of $0.0000 per share as part of director compensation.