Empire Petroleum officer sells 5,000 shares

EMPIRE PETROLEUM CORP (EP) reported that Chief Accounting Officer Matthew E. Watson sold a total of 5,000 shares of Common Stock in two open market or private transactions.

Rhea-AI Filing Summary

EMPIRE PETROLEUM CORP (EP) reported that Chief Accounting Officer Matthew E. Watson sold a total of 5,000 shares of Common Stock in two open market or private transactions. On September 4, 2026 he sold 1,712 shares at $3.12 per share, and on September 8, 2026 he sold 3,288 shares at a weighted average price of about $3.13 per share, with individual prices ranging from $3.075 to $3.18. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 5,000 shares

Net Sell 2 txns

Insider Watson Matthew E.

Role Chief Accounting Officer

Sold 5,000 shs ($16K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	3,288	$3.1337	$10K
Sale	Common Stock	1,712	$3.12	$5K

Holdings After Transaction: Common Stock — 14,000 shares (Direct)

Footnotes (1)

1. F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.075 to $3.18, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

Key Figures

Shares sold September 4, 2026: 1,712 shares Shares sold September 8, 2026: 3,288 shares Total shares sold: 5,000 shares

3 metrics

Shares sold September 4, 2026 1,712 shares Open market or private sale of Common Stock at $3.12 per share

Shares sold September 8, 2026 3,288 shares Open market or private sale at weighted average $3.1337 per share (range $3.075–$3.18)

Total shares sold 5,000 shares Combined sales reported in this Form 4

Key Terms

weighted average price, open market or private transaction, Rule 10b5-1

3 terms

weighted average price financial

"The price reported in column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"Sale in open market or private transaction"

Rule 10b5-1 regulatory

"Rule 10b5-1 checkbox is not affirmed for these transactions"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did EMPIRE PETROLEUM (EP) report in this Form 4?

The Form 4 reports that Chief Accounting Officer Matthew E. Watson sold a total of 5,000 shares of Empire Petroleum Common Stock in two transactions on September 4 and 8, 2026 in open market or private sales.

How many EMPIRE PETROLEUM (EP) shares did the chief accounting officer sell on each date?

On September 4, 2026, he sold 1,712 shares. On September 8, 2026, he sold 3,288 shares. In total, the Form 4 reports 5,000 shares of Empire Petroleum Common Stock sold.

At what prices were the EMPIRE PETROLEUM (EP) shares sold in this Form 4?

The 1,712 shares sold on September 4, 2026 were at $3.12 per share. The 3,288 shares sold on September 8, 2026 were at a weighted average price of $3.1337, with actual prices ranging from $3.075 to $3.18 per share.

Were the EMPIRE PETROLEUM (EP) insider sales made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.

What is the role of the reporting person in EMPIRE PETROLEUM (EP)?

The reporting person, Matthew E. Watson, is identified as the company’s Chief Accounting Officer, and he is not listed as a director or ten percent owner in this Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/09/2026 - 04:31 PM Accepted by SEC EDGAR 09/09/2026 - 04:31 PM Learn about SEC filing dates

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^*

Watson Matthew E.

(Last) (First) (Middle)

2200 S. UTICA PLACE

SUITE 150

(Street)

TULSA OKLAHOMA 74114

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/04/2026		S		1,712	D	$3.12	17,288	D
Common Stock	09/08/2026		S		3,288	D	$3.1337(1)	14,000	D

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:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.075 to $3.18, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

	/s/ Matthew E. Watson	09/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)