Empire Petroleum (EP) director awarded 10,000 Common Stock shares, now holds 73,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Empire Petroleum Corp director Benjamin J. Marchive II received a grant of 10,000 shares of Common Stock. The shares were awarded on June 16, 2026 at a stated price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase.
Following this grant, Marchive directly holds 73,000 shares of Empire Petroleum Common Stock. The filing does not show any sales or derivative exercises, only this award of additional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marchive Benjamin J. II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 73,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 10,000 shares
Grant price per share: $0.00 per share
Shares held after grant: 73,000 shares
+1 more
4 metrics
Shares granted
10,000 shares
Common Stock grant on June 16, 2026
Grant price per share
$0.00 per share
Stated transaction price for awarded shares
Shares held after grant
73,000 shares
Total Common Stock directly owned after transaction
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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.
FAQ
What did Empire Petroleum (EP) director Benjamin J. Marchive II report in this Form 4?
He reported receiving a grant of 10,000 shares of Empire Petroleum Common Stock. This was a compensation-related award, not an open-market trade, and increased his directly held position to 73,000 shares after the transaction.
Was the Empire Petroleum (EP) Form 4 transaction a purchase or a grant?
The transaction was a grant or award of 10,000 Common Stock shares. The Form 4 uses code “A” and describes it as a grant, award, or other acquisition, with a price of $0.00 per share, not an open-market purchase.
What is the significance of transaction code “A” in the Empire Petroleum (EP) Form 4?
Code “A” indicates a grant, award, or other acquisition of securities. In this Form 4, it applies to 10,000 Empire Petroleum Common Stock shares awarded at $0.00 per share, reflecting a compensation event instead of a market trade.