Empire Petroleum (EP) director adds 7,777 shares in open‑market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Empire Petroleum director Mason H. Matschke reported an open-market purchase of 7,777 shares of common stock at $2.54 per share. After this trade, he directly holds 426,525 common shares. In addition, 382,904 shares are held indirectly through the Elk Antelope Trust, as reflected in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,777 shares ($19,754)
Net Buy
2 txns
Insider
Matschke Mason H.
Role
null
Bought
7,777 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,777 | $2.54 | $20K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 426,525 shares (Direct, null);
Common Stock — 382,904 shares (Indirect, By Elk Antelope Trust)
Footnotes (1)
Key Figures
Open-market purchase: 7,777 shares
Purchase price: $2.54 per share
Direct holdings after transaction: 426,525 shares
+2 more
5 metrics
Open-market purchase
7,777 shares
Common Stock bought on 2026-05-29
Purchase price
$2.54 per share
Open-market transaction on 2026-05-29
Direct holdings after transaction
426,525 shares
Common Stock beneficially owned following transaction
Indirect holdings via trust
382,904 shares
Common Stock held indirectly by Elk Antelope Trust
Net insider share change
7,777 shares (net buy)
Net buy/sell shares in transaction summary
Key Terms
open-market purchase, indirect ownership, Form 4
3 terms
open-market purchase financial
"transaction_action: "open-market purchase" for the 7,777-share buy"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "By Elk Antelope Trust""
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for Mason H. Matschke"
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 insider transaction did EP director Mason H. Matschke report?
Mason H. Matschke reported buying 7,777 shares of Empire Petroleum (EP) common stock. The shares were acquired in an open-market transaction at a price of $2.54 per share, as disclosed in his Form 4 insider filing.
What are the indirect Empire Petroleum (EP) holdings reported in the Form 4?
The Form 4 shows 382,904 EP common shares held indirectly through the Elk Antelope Trust. This entry is reported as an indirect ownership position, separate from Mason H. Matschke’s directly held shares, and reflects holdings rather than a new transaction.
Is the Empire Petroleum (EP) insider transaction a buy or a sell?
The Empire Petroleum (EP) Form 4 reports a buy transaction. Mason H. Matschke completed an open-market purchase of 7,777 common shares, categorized in the filing as a purchase in the open market or a private transaction.