Every Form 4 that Empire Petroleum Corporation (EP) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow EP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EP filings page.
EMPIRE PETROLEUM CORP (EP) reported that director and ten percent owner Phil E. Mulacek, through Petroleum Independent & Exploration LLC, acquired a Convertible Note due 2028 on September 10, 2026. The note is convertible into 1,145,173 shares of Common Stock at a conversion price of $2.838 per share, exercisable starting November 9, 2026 and expiring March 10, 2028. The reported price field is not usable as a per-share transaction price. No Rule 10b5-1 trading plan is indicated.
EMPIRE PETROLEUM CORP (EP) director Mason H. Matschke purchased 5,777 shares of common stock on September 11, 2026 in an open-market transaction at a weighted average price of $2.38 per share, with individual trade prices ranging from $2.30 to $2.49. After this purchase, he holds 442,302 shares directly and 382,904 shares indirectly through the Elk Antelope Trust.
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.
EMPIRE PETROLEUM CORP President & CEO Michael R. Morrisett reported an internal restructuring-type transaction involving the company’s common stock. A fund made an in-kind distribution that transferred 16,609 shares of Empire Petroleum common stock to Morrisett for no cash consideration. Following this distribution, he directly holds 362,697 common shares, indicating the event was a relatively small, non-market change in his overall ownership rather than an open-market trade.
Energy Evolution Master Fund, Ltd., a more than ten percent owner of EMPIRE PETROLEUM CORP, reported an internal restructuring transaction involving its common stock holdings. The fund made an in-kind distribution of 941,332 shares of Empire Petroleum common stock to certain of its own investors for no consideration, meaning there was no sale or purchase on the open market. After this distribution, the reporting fund still directly holds 12,209,953 common shares, according to the filing.
Empire Petroleum Corp's Chief Accounting Officer, Matthew E. Watson, reported receiving equity-based compensation. He acquired 9,000 shares of Common Stock on June 16, 2026 at a stated price of $0.00 per share, increasing his direct holdings to 19,000 shares.
On the same date, he was also granted an employee stock option for 9,000 shares of Common Stock at an exercise price of $2.65 per share, expiring on June 15, 2031. According to the footnote, this option vests in three equal annual installments beginning on June 16, 2027, meaning it becomes exercisable over time rather than all at once.
Empire Petroleum Corp director J Kevin Vann received a stock grant. On June 16, 2026, he was awarded 10,000 shares of Common Stock at a stated price of $0.00 per share, described as a grant or award rather than an open-market purchase.
After this compensation-related acquisition, Vann’s direct holdings increased to 38,115 shares of Empire Petroleum common stock, according to the Form 4. The filing does not show any corresponding sales, gifts, or derivative exercises in this transaction.
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.
Matschke Mason H. reported acquisition or exercise transactions in this Form 4 filing.
Empire Petroleum director Mason H. Matschke reported a compensation-related share award on Common Stock. He received a grant of 10,000 shares at $0.00 per share, increasing his directly held stake to 436,525 shares. A separate line shows 382,904 shares held indirectly through Elk Antelope Trust, reflecting additional ownership reported in this filing.
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.
Lewis Andrew Lloyd reported acquisition or exercise transactions in this Form 4 filing.
EMPIRE PETROLEUM CORP director Lewis Andrew Lloyd received a grant of 10,000 shares of Common Stock on 2026-06-16. The shares were awarded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase. After this award, Lloyd directly holds 53,220 Common Stock shares.
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.
Empire Petroleum director and 10% owner Phil E. Mulacek and related entities exercised subscription rights in the company’s Rights Offering at $2.99 per share on April 15, 2026. These exercises converted subscription rights into common stock across direct holdings and several indirect vehicles.
Following the transactions, Mulacek directly held 9,401,581 shares of common stock. Indirectly, holdings included 44,023 shares held 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. No sales were reported, only acquisitions through derivative exercises.
Energy Evolution Master Fund, Ltd., a 10% owner of Empire Petroleum Corp, exercised subscription rights in the company’s rights offering. The fund exercised rights to acquire 1,855,757 shares of common stock at $2.99 per share, including shares from over-subscription rights.
These shares came from subscription rights that allowed holders of record as of February 2, 2026 to purchase common stock, with each right carrying a basic subscription right and an over-subscription right. After the transaction, the fund directly held 13,151,285 shares of Empire Petroleum common stock.
Empire Petroleum director Mason H. Matschke exercised subscription rights in the company’s rights offering and acquired 5,402 shares of common stock at $2.99 per share. These shares came from exercising 40,864 subscription rights, including over-subscription rights described in the prospectus supplements.
Following the transactions, Matschke holds 418,748 common shares directly and an additional 382,904 common shares indirectly through the Elk Antelope Trust. No derivative subscription rights remain outstanding after this exercise.
Empire Petroleum Corp director and 10% owner Phil E. Mulacek exercised a Convertible Note Due 2026 into 1,003,344 shares of common stock at $2.99 per share. After this derivative exercise, he directly holds 7,177,076 common shares and also reports additional indirect holdings through several related entities and his spouse.
Empire Petroleum Corp director and 10% owner Phil E. Mulacek reported receiving a Convertible Note Due 2026 as a grant or award. The Form 4 lists this derivative security with a transaction value of $3,000,000 and classifies the transaction as an acquisition rather than an open-market purchase or sale.
Empire Petroleum Corporation issued new common stock to a large shareholder as part of an oil and gas asset transaction. On January 5, 2026, Energy Evolution Master Fund, Ltd., a 10% owner of Empire, received 562,500 shares of common stock when Empire exercised the remaining portion of an option to acquire certain oil and gas working interests owned by a subsidiary of the fund.
The shares were valued at $1,800,000, based on a price of $3.20 per share, and brought the fund’s directly held position to 11,295,528 shares of Empire common stock following the transaction.
Empire Petroleum Corp director and 10% owner Phil E. Mulacek reported open-market purchases of the company’s common stock. On 12/31/2025, he bought 5,000 shares at $3 per share and 732 shares at $2.95 per share. On 01/02/2026, he purchased an additional 1,068 shares at $3 per share. After these transactions, he directly held 6,173,732 common shares and also reported indirect ownership of additional shares through several entities and a spouse.
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.
Empire Petroleum Corp director and 10% owner Phil E. Mulacek reported buying 7,223 shares of common stock on December 2, 2025. The purchase was an open-market transaction at a weighted average price of $2.9985 per share, with individual trade prices ranging from $2.97 to $3.00.
After this transaction, Mulacek beneficially owns 6,161,481 shares directly. He also reports indirect ownership of additional Empire Petroleum shares through several entities and relationships, including 817,262 shares held by Petroleum Independent & Exploration LLC, 526,300 shares held by Big Red Revocable Trust, 485,202 shares held by Five Sterling LP, and 42,833 shares held by his spouse.
Empire Petroleum Corp11/26/2025, he bought 1,316 shares at $3 per share, and on 11/28/2025 he bought another 1,743 shares at $3 per share. Following these transactions, he directly beneficially owns 6,154,258 common shares. He also reports indirect 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.
Empire Petroleum Corp (EP) reported an insider stock purchase by a company director. On 11/18/2025, the director bought 2,000 shares of Empire Petroleum common stock in an open-market transaction coded "P" for purchase. The shares were acquired at a price of $3.1409 per share.
Following this transaction, the director now beneficially owns 63,000 shares of Empire Petroleum common stock in direct ownership form. This filing is a routine Form 4 report providing transparency about insider trading activity and the director's current stake in the company.
Empire Petroleum (EP) reported an insider transaction by director and 10% owner Phil E. Mulacek. On 09/24/2025, the reporting person acquired a Convertible Note due 2027 with principal of $4,000,000, convertible at $4.32 per share, reflecting 462,962 underlying common shares tied to the initial advances. He also acquired a warrant for 138,889 common shares at an exercise price of $4.32.
On 11/05/2025, the note was amended to increase the conversion price to $4.32 and to provide that this price applies only to the first $2,000,000 already advanced, with any additional advances convertible at a floating price as set forth in the note. The warrant was amended the same day to raise the exercise price to $4.32 and reduce the underlying shares from 281,030 to 138,889. The warrant becomes exercisable after NYSE American approves a supplemental listing application covering the underlying shares.
Empire Petroleum (EP) director and 10% owner Phil E. Mulacek reported insider transactions dated 11/05/2025. He purchased 187,084 common shares at $3.77 (Code P) and exercised options for 589,100 shares (Code M) tied to options with a $1.32 exercise price.
Following the reported transactions, he directly beneficially owned 6,151,199 common shares. The filing also lists indirect holdings of common stock, including 817,262 shares by Petroleum Independent & Exploration LLC, 526,300 shares by Big Red Revocable Trust, 485,202 shares by Five Sterling LP, and 42,833 shares by his spouse. An explanatory note states the option vested in three installments on April 3 of 2019, 2020, and 2021.
Empire Petroleum (EP) insider activity: President & CEO Michael R. Morrisett reported an open-market sale of 187,084 shares of common stock at $3.77 on 11/05/2025. Following the sale, he beneficially owns 346,088 shares directly.
He also disposed of employee stock options covering 589,100 shares, priced at $1.519 per option, with an exercise price of $1.32 and an expiration of 04/02/2029, leaving 0 derivative securities held after the transaction. Option figures are adjusted for the company’s 1-for-4 reverse stock split effective March 7, 2022.
Empire Petroleum (EP) reported insider share purchases by a director and 10% owner. On 10/20/2025, the reporting person purchased 8,190 shares of common stock at a weighted average price of $3.5754. On 10/22/2025, they purchased an additional 4,000 shares at $3.75.
Following these transactions, the filing lists 5,375,015 shares held directly. It also shows indirect beneficial ownership interests of 817,262 shares by Petroleum Independent & Exploration LLC, 526,300 by Big Red Revocable Trust, 485,202 by Five Sterling LP, and 42,833 by the reporting person’s spouse.
Phil E. Mulacek, a director and 10% owner of Empire Petroleum Corp (EP), reported two transactions dated 09/24/2025. He acquired a $4,000,000 convertible note due 09/23/2027 that is convertible into 936,768 shares of common stock at a conversion price of $4.27 per share (the per-share price is the five-day volume-weighted average preceding 09/24/2025). He also received a warrant to purchase 281,030 shares exercisable at $4.27 with an expiration date of 09/24/2028; the warrant becomes exercisable when the NYSE American approves a supplemental listing application for the underlying shares. Both holdings are reported as direct beneficial ownership. The Form 4 was signed 09/26/2025.