EPM COO forfeits 28,518 restricted shares

EVOLUTION PETROLEUM CORP Chief Operating Officer John Mark Bunch reported a compensation-related share adjustment.

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Form Type

Rhea-AI Filing Summary

EVOLUTION PETROLEUM CORP Chief Operating Officer John Mark Bunch reported a compensation-related share adjustment. On June 30, 2026, he disposed of 28,518 shares of Common Stock back to the company at $0.00 per share. A footnote explains these were shares of restricted stock that expired because the related performance goals were not achieved, so this was a forfeiture rather than an open-market sale. After this expiration, Bunch directly holds 186,048 shares of the company’s common stock.

Insider Trade Summary

Disposition: 28,518 shares

Disposition 1 txn

Insider Bunch John Mark

Role COO

Type	Security	Shares	Price	Value
Disposition	Common Stock	28,518	$0.00	$0.00

Holdings After Transaction: Common Stock — 186,048 shares (Direct)

Footnotes (1)

F1. Shares of Restricted Stock that expired without the performance goals being achieved.

Key Figures

Shares disposed to issuer: 28,518 shares Price per share on disposition: $0.00 per share Shares held after transaction: 186,048 shares

3 metrics

Shares disposed to issuer 28,518 shares Restricted stock expired on June 30, 2026

Price per share on disposition $0.00 per share Restricted stock forfeiture to issuer

Shares held after transaction 186,048 shares Common stock directly owned after June 30, 2026

Key Terms

Restricted Stock, Disposition to issuer, Common Stock

3 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_code_description": "Disposition to issuer""

Common Stock financial

""security_title": "Common Stock""

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did EPM COO John Mark Bunch report?

John Mark Bunch reported a disposition of 28,518 shares of Evolution Petroleum common stock. These shares were returned to the issuer at $0.00 per share after restricted stock awards expired when performance goals were not met, rather than being sold in the open market.

Was the EPM COO’s Form 4 transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The 28,518 shares were restricted stock that expired because performance goals were not achieved and were therefore disposed of back to Evolution Petroleum at $0.00 per share as part of the award’s terms.

How many EPM shares does COO John Mark Bunch hold after this Form 4 filing?

After the reported disposition, John Mark Bunch directly holds 186,048 shares of Evolution Petroleum common stock. This figure reflects his position following the expiration and return of 28,518 restricted shares that did not vest due to unmet performance targets.

What caused the 28,518 EPM restricted shares to be forfeited?

The 28,518 shares were forfeited because they were restricted stock tied to performance goals that were not achieved. According to the footnote, these shares expired unvested and were disposed of back to Evolution Petroleum, resulting in no sale proceeds for the COO.

Does the EPM Form 4 indicate any derivative or option exercises by the COO?

The Form 4 does not show any derivative or option exercises. The filing lists a single non-derivative transaction involving the expiration and disposition to the issuer of 28,518 shares of restricted common stock, with no remaining derivative positions reported in the derivative summary.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/02/2026 - 04:15 PM EDT

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^*

Bunch John Mark

(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)
	COO

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⁾		28,518	D	$0	186,048	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/ JOHN MARK BUNCH	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