Evolution Petroleum COO surrenders 6,757 shares
COO John Mark Bunch surrendered shares to cover taxes on vesting, and now holds 179,291 EPM shares directly.
Rhea-AI Filing Summary
EVOLUTION PETROLEUM CORP (EPM) reported that its chief operating officer, John Mark Bunch, had 6,757 shares of common stock withheld on September 1, 2026 to satisfy income tax obligations upon the vesting of a restricted stock award, at a reference price of $3.69 per share.
These shares were surrendered back to the company rather than sold in the open market, and Bunch now directly holds 179,291 shares of Evolution Petroleum common stock. No transactions were reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 6,757 shares
Tax Withholding
1 txn
Insider
Bunch John Mark
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 6,757 | $3.69 | $25K |
Holdings After Transaction:
Common Stock — 179,291 shares (Direct)
Footnotes (1)
- F1. Represents shares surrendered to the Company to satisfy income tax withholding obligations upon the vesting of restricted stock grant.
Key Figures
Shares disposed for tax withholding: 6,757 shares
Reference price per share: $3.69 per share
Shares held after transaction: 179,291 shares
3 metrics
Shares disposed for tax withholding
6,757 shares
Shares surrendered on September 1, 2026 to satisfy income tax withholding on vested restricted stock
Reference price per share
$3.69 per share
Price used for the 6,757-share tax-withholding disposition on September 1, 2026
Shares held after transaction
179,291 shares
Direct holdings of COO John Mark Bunch following the September 1, 2026 transaction
Key Terms
restricted stock grant, income tax withholding obligations, shares surrendered
3 terms
restricted stock grant financial
"upon the vesting of restricted stock grant"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
income tax withholding obligations financial
"to satisfy income tax withholding obligations upon the vesting"
FAQ
What insider transaction did EPM report for COO John Mark Bunch?
Evolution Petroleum reported that COO John Mark Bunch had 6,757 shares of common stock withheld on September 1, 2026 to satisfy income tax obligations upon vesting of a restricted stock grant, using a reference price of $3.69 per share.
Was the EPM insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that the transaction was not made under a Rule 10b5-1 trading plan; it reflects shares withheld to satisfy income tax obligations on vested restricted stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.