Restricted stock for Evolution Petroleum (EPM) CFO lapses after goals missed

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Stash Ryan reported disposition transactions in this Form 4 filing.

EVOLUTION PETROLEUM CORP senior vice president and CFO Stash Ryan reported a routine compensation-related change in ownership. A block of 27,321 shares of restricted common stock expired and reverted to the company after performance goals were not achieved, at a stated price of $0.00 per share. Following this expiration, Ryan directly holds 279,576 shares of common stock, so he continues to maintain a substantial equity stake in the company. This event reflects the lapse of unearned performance-based awards rather than an open-market sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Stash Ryan

Role SVP & CFO

Type	Security	Shares	Price	Value
Disposition	Common Stock	27,321	$0.00	--

Holdings After Transaction: Common Stock — 279,576 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted shares expired: 27,321 shares Transaction price per share: $0.00 per share Shares held after transaction: 279,576 shares +1 more

4 metrics

Restricted shares expired 27,321 shares Restricted stock that expired without performance goals being achieved

Transaction price per share $0.00 per share Recorded price for the disposition to issuer of expired restricted stock

Shares held after transaction 279,576 shares Direct common stock holdings of Stash Ryan following the expiration

Transaction direction Disposition to issuer Form 4 code D for non-derivative common stock

Key Terms

Restricted Stock, Disposition to issuer, Common Stock, Form 4

4 terms

Restricted Stock financial

"Shares of Restricted Stock that expired without the performance goals being achieved."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Disposition to issuer financial

"transaction_action: issuer disposition with transaction code D for common stock."

Common Stock financial

"The transaction involves Common Stock with 27,321 shares disposed at $0.0000."

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) details the transaction for EVOLUTION PETROLEUM CORP."

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:17 PM Accepted by SEC EDGAR 07/02/2026 - 04:15 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^*

Stash Ryan

(Last)

(First)

(Middle)

1155 DAIRY ASHFORD ROAD

SUITE 425

(Street)

HOUSTON

TEXAS

77079

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EVOLUTION PETROLEUM CORP [ EPM ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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	06/30/2026		D⁽¹⁾		27,321	D	$0	279,576	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)
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:

1. Shares of Restricted Stock that expired without the performance goals being achieved.

	/s/ RYAN STASH	07/02/2026
	** 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

FAQ

What insider transaction did EVOLUTION PETROLEUM CORP (EPM) report for Stash Ryan?

EVOLUTION PETROLEUM CORP reported that SVP & CFO Stash Ryan had 27,321 shares of restricted common stock expire and revert to the issuer. The shares lapsed because related performance goals were not achieved, rather than being sold in the open market.

Did Stash Ryan of EVOLUTION PETROLEUM (EPM) sell any shares in this Form 4?

No, the Form 4 shows a disposition to the issuer, not an open-market sale. Restricted stock totaling 27,321 shares expired without performance goals being achieved and returned to the company at a recorded price of $0.00 per share.

How many EVOLUTION PETROLEUM (EPM) shares does Stash Ryan hold after this transaction?

After the expiration of 27,321 restricted shares, SVP & CFO Stash Ryan directly holds 279,576 shares of EVOLUTION PETROLEUM common stock. This reflects his continuing equity position following the lapse of unearned performance-based restricted stock awards.

What does the footnote in the EVOLUTION PETROLEUM (EPM) Form 4 say about the transaction?

The footnote explains that the 27,321 shares were restricted stock that expired without the performance goals being achieved. This clarifies that the change in ownership results from a failed performance condition, not from a voluntary sale or purchase in the market.

How is the transaction in EVOLUTION PETROLEUM (EPM) classified on the Form 4?

The filing classifies the event as a non-derivative disposition to the issuer with transaction code D. It records 27,321 shares of common stock at a price of $0.00 per share, reflecting expiration of restricted shares that reverted back to the company.