Evolution Petroleum grants 34,357 restricted shares
Chief Accounting Officer of Evolution Petroleum received time- and performance-based equity awards that increase her direct common stock and PSU holdings.
Rhea-AI Filing Summary
EVOLUTION PETROLEUM CORP (symbol: EPM) is the issuer of record for a Form 4 filing submitted to the SEC. Beatty Kelly reported acquisition or exercise transactions in this Form 4 filing.
EVOLUTION PETROLEUM CORP (EPM) reported that Chief Accounting Officer Kelly Beatty received equity awards on September 17, 2026. These included a grant of 34,357 shares of restricted common stock and 17,179 performance stock units under the Amended and Restated 2016 Equity Incentive Plan, all subject to vesting terms and performance goals. Following these awards, Beatty directly holds 103,199 shares of common stock and 17,179 performance stock units, each PSU representing a contingent right to one share of common stock if performance and other vesting criteria are achieved.
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Insider Trade Summary
Grant/Award: 51,536 shares
Grant/Award
2 txns
Insider
Beatty Kelly
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit F2 | 17,179 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 34,357 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Unit — 17,179 contracts (Direct);
Common Stock — 103,199 shares (Direct)
Footnotes (2)
- F1. Award of Restricted Stock pursuant to Company's Amended and Restated 2016 Equity Incentive Plan, subject to vesting terms and performance goals.
- F2. The Company granted performance stock units ("PSUs") pursuant to the Company's Amended and Restated 2016 Equity Incentive Plan. Each PSU represents a contingent right to receive one share of Issuer's common stock, subject to the attainment of performance goals and other vesting criteria. Common shares of stock will not be issued until the performance goals and other vesting criteria have been achieved.
Key Figures
Restricted common stock granted: 34,357 shares
Performance stock units granted: 17,179 units
Common stock holdings after transaction: 103,199 shares
+2 more
5 metrics
Restricted common stock granted
34,357 shares
Award to Chief Accounting Officer on September 17, 2026
Performance stock units granted
17,179 units
Award on September 17, 2026 under equity incentive plan
Common stock holdings after transaction
103,199 shares
Direct holdings of Kelly Beatty following the grant
PSU underlying common shares
17,179 shares
Each PSU represents one share of common stock
PSU expiration date
June 30, 2029
Expiration of performance stock units granted September 17, 2026
Key Terms
Performance Stock Unit, Restricted Stock, vesting terms, Amended and Restated 2016 Equity Incentive Plan
4 terms
Performance Stock Unit financial
"The Company granted performance stock units ("PSUs") pursuant to the Company's Amended"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
Restricted Stock financial
"Award of Restricted Stock pursuant to Company's Amended and Restated 2016 Equity"
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.
vesting terms financial
"Award of Restricted Stock pursuant to Company's Amended and Restated 2016 Equity Incentive Plan, subject to vesting terms"
Amended and Restated 2016 Equity Incentive Plan financial
"pursuant to Company's Amended and Restated 2016 Equity Incentive Plan, subject to vesting"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did EPM grant to Chief Accounting Officer Kelly Beatty?
Kelly Beatty received 34,357 shares of restricted common stock and 17,179 performance stock units (PSUs) on September 17, 2026, under Evolution Petroleum’s Amended and Restated 2016 Equity Incentive Plan, subject to vesting terms and performance goals.
What are the terms of the performance stock units reported for EPM?
The 17,179 performance stock units each represent a contingent right to receive one share of EPM common stock, subject to attainment of performance goals and other vesting criteria. Common shares will not be issued until those goals and criteria are achieved.
When do the EPM performance stock units held by Kelly Beatty expire?
The performance stock units granted to Kelly Beatty have an expiration date of June 30, 2029. They remain contingent on meeting specified performance goals and vesting conditions before any common shares are issued.
Were the EPM equity awards to Kelly Beatty made under a trading plan?
The filing indicates no Rule 10b5-1 trading plan affirmation for these awards. The grants are described as awards under Evolution Petroleum’s Amended and Restated 2016 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
