What indirect Empire Petroleum (EP) holdings related to Phil E. Mulacek are disclosed?

The Form 4 lists indirect holdings of 44,023 shares by his spouse, 578,746 shares by Five Sterling LP, 592,318 shares by Big Red Revocable Trust, and 919,812 shares by Petroleum Independent & Exploration LLC, all in Empire Petroleum Common Stock.

Was the Empire Petroleum (EP) share grant to Phil E. Mulacek an open-market purchase?

No. The Form 4 characterizes the 10,000-share transaction as a “Grant, award, or other acquisition.” The shares were acquired at a reported price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase.

What transaction code applies to Phil E. Mulacek’s Empire Petroleum (EP) share award?

The grant of 10,000 Empire Petroleum Common Stock shares is reported with transaction code “A.” The filing describes this code as “Grant, award, or other acquisition,” indicating a compensation or award-type acquisition instead of a market trade.

Empire Petroleum (EP) director reports grant of 10,000 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Mulacek Phil E reported acquisition or exercise transactions in this Form 4 filing.

Empire Petroleum director and 10% owner Phil E. Mulacek reported receiving a grant of 10,000 shares of Common Stock at a price of $0.00 per share. After this award, he holds 9,411,581 shares directly. He also reports indirect holdings through his spouse and several affiliated entities.

Insider Trade Summary

Net Buyer: 10,000 shares

Net Buy 5 txns

Insider Mulacek Phil E

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,000	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 9,411,581 shares (Direct); Common Stock — 919,812 shares (Indirect, By Petroleum Independent & Exploration LLC); Common Stock — 592,318 shares (Indirect, By Big Red Revocable Trust); Common Stock — 578,746 shares (Indirect, By Five Sterling LP); Common Stock — 44,023 shares (Indirect, By spouse)

Key Figures

Share grant: 10,000 shares Grant price: $0.00 per share Direct holdings after grant: 9,411,581 shares +4 more

7 metrics

Share grant 10,000 shares Common Stock grant at $0.00 per share, code A

Grant price $0.00 per share Price for 10,000-share Common Stock award

Direct holdings after grant 9,411,581 shares Common Stock directly held by Phil E. Mulacek

Spouse indirect holdings 44,023 shares Common Stock held indirectly by spouse

Five Sterling LP holdings 578,746 shares Common Stock held indirectly by Five Sterling LP

Big Red Revocable Trust holdings 592,318 shares Common Stock held indirectly by Big Red Revocable Trust

Petroleum Independent & Exploration LLC holdings 919,812 shares Common Stock held indirectly by this LLC

Key Terms

Grant, award, or other acquisition, Indirect ownership, Common Stock, Transaction code A

4 terms

Grant, award, or other acquisition regulatory

"transaction_code_description: "Grant, award, or other acquisition""

Indirect ownership financial

"ownership_type: "indirect" with nature_of_ownership by spouse and entities"

Common Stock financial

"security_title: "Common Stock" for all reported holdings"

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.

Transaction code A regulatory

"transaction_code: "A" for the 10,000-share grant"

FAQ

What did Phil E. Mulacek report in this Empire Petroleum (EP) Form 4?

Phil E. Mulacek reported a grant of 10,000 Empire Petroleum Common Stock shares. The award was recorded at $0.00 per share and increased his directly held stake to 9,411,581 shares, alongside several indirect holdings through related entities and his spouse.

How many Empire Petroleum (EP) shares did Phil E. Mulacek receive in this grant?

He received a grant of 10,000 shares of Empire Petroleum Common Stock. The filing lists the transaction at $0.00 per share and shows his direct ownership after the grant at 9,411,581 shares of Common Stock registered in his own name.

What is Phil E. Mulacek’s direct Empire Petroleum (EP) ownership after the reported grant?

Following the 10,000-share grant, Phil E. Mulacek directly holds 9,411,581 shares of Empire Petroleum Common Stock. This figure reflects his position in his own name and is separate from additional indirect holdings reported through related entities and his spouse.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/18/2026 - 06:00 PM Accepted by SEC EDGAR 06/18/2026 - 05:59 PM

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

TEXAS

77380

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/16/2026		A		10,000	A	$0	9,411,581	D
Common Stock								919,812	I	By Petroleum Independent & Exploration LLC
Common Stock								592,318	I	By Big Red Revocable Trust
Common Stock								578,746	I	By Five Sterling LP
Common Stock								44,023	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/ Phil E. Mulacek	06/18/2026
	** 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)

Source: View Original Filing on SEC EDGAR