Empire Petroleum (EP) director and 10% owner discloses new share buys

Rhea-AI Filing Summary

Empire Petroleum Corp insider Phil E. Mulacek, a director and 10% owner, reported buying additional common stock. On 12/29/2025 he purchased 5,367 shares of common stock at $3 per share, followed by another purchase of 84 shares at $3 per share on 12/30/2025.

After these transactions, he beneficially owns 6,166,932 shares directly. He also reports indirect beneficial ownership of 817,262 shares through Petroleum Independent & Exploration LLC, 526,300 shares through Big Red Revocable Trust, 485,202 shares through Five Sterling LP, and 42,833 shares through his spouse.

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^*

Mulacek Phil E

(Last) (First) (Middle)

25025 I 45 NORTH

SUITE 420

(Street)

THE WOODLANDS TX 77380

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EMPIRE PETROLEUM CORP [ EP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/29/2025		P		5,367	A	$3	6,166,848	D
Common Stock	12/30/2025		P		84	A	$3	6,166,932	D
Common Stock								817,262	I	By Petroleum Independent & Exploration LLC
Common Stock								526,300	I	By Big Red Revocable Trust
Common Stock								485,202	I	By Five Sterling LP
Common Stock								42,833	I	By spouse

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:

	/s/ Phil E. Mulacek	12/31/2025
	** 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.

FAQ

What insider transaction was reported for EP on this Form 4?

The filing reports that Phil E. Mulacek, a director and 10% owner of Empire Petroleum Corp, purchased common stock in two open-market transactions on 12/29/2025 and 12/30/2025.

How many Empire Petroleum (EP) shares did Phil E. Mulacek buy and at what price?

He bought 5,367 shares of common stock at $3 per share on 12/29/2025, and an additional 84 shares at $3 per share on 12/30/2025.

How many EP shares does Phil E. Mulacek own directly after these transactions?

After the reported purchases, Phil E. Mulacek directly owns 6,166,932 shares of Empire Petroleum Corp common stock.

What indirect holdings of Empire Petroleum (EP) stock does Phil E. Mulacek report?

He reports indirect beneficial ownership of 817,262 shares through Petroleum Independent & Exploration LLC, 526,300 shares through Big Red Revocable Trust, 485,202 shares through Five Sterling LP, and 42,833 shares through his spouse.

What is Phil E. Mulacek’s relationship to Empire Petroleum Corp (EP)?

Phil E. Mulacek is listed as a Director and a 10% Owner of Empire Petroleum Corp in the filing.

Does this Form 4 include any derivative securities for EP?

The provided tables show only non-derivative common stock transactions and holdings; the derivative securities table does not list any positions.