Evolution Petroleum (NYSE: EPM) COO surrenders shares for tax withholding

Rhea-AI Filing Summary

Evolution Petroleum COO John Mark Bunch reported a tax-related share disposition. On the Form 4, he surrendered 8,910 shares of common stock at $4.43 per share to the company to cover income tax withholding when restricted stock vested. After this non‑market transaction, he directly holds 214,566 shares of Evolution Petroleum common stock.

Insider Trade Summary

Net Seller: 8,910 shares

Net Sell 1 txn

Insider Bunch John Mark

Role COO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	8,910	$4.43	$39K

Holdings After Transaction: Common Stock — 214,566 shares (Direct)

Footnotes (1)

1. F1. Represents shares surrendered to the Company to satisfy income tax withholding obligations upon the vesting of restricted stock grant.

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

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

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/24/2026 - 04:15 PM Learn about SEC filing dates

FAQ

What insider transaction did Evolution Petroleum (EPM) report for John Mark Bunch?

Evolution Petroleum reported that COO John Mark Bunch surrendered 8,910 common shares in a tax-withholding disposition. The shares were used to satisfy income tax obligations triggered by the vesting of a restricted stock grant, rather than being sold on the open market.

Was the EPM insider transaction by John Mark Bunch an open-market stock sale?

No, the transaction was not an open-market sale. The Form 4 shows a tax-withholding disposition, where 8,910 shares were surrendered back to Evolution Petroleum to cover income tax withholding when restricted stock vested, rather than being sold to public investors.

How many Evolution Petroleum (EPM) shares did John Mark Bunch dispose of and at what price?

John Mark Bunch disposed of 8,910 shares of Evolution Petroleum common stock at a reported value of $4.43 per share. The Form 4 classifies this as a tax-withholding disposition linked to the vesting of a restricted stock grant, not a discretionary market trade.

How many Evolution Petroleum (EPM) shares does John Mark Bunch own after this Form 4 transaction?

After the tax-withholding disposition, John Mark Bunch directly owns 214,566 Evolution Petroleum common shares. This post-transaction balance reflects shares surrendered to the company solely to cover income tax obligations from restricted stock vesting, as indicated in the Form 4 disclosure.

What does transaction code "F" mean in the Evolution Petroleum (EPM) Form 4?

Transaction code “F” indicates shares were used to pay an exercise price or tax liability. In this case, 8,910 Evolution Petroleum shares were surrendered to satisfy income tax withholding upon the vesting of a restricted stock grant, as explained in the Form 4 footnote.

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 TX 77079

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/20/2026		F		8,910(1)	D	$4.43	214,566	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares surrendered to the Company to satisfy income tax withholding obligations upon the vesting of restricted stock grant.

	/s/ JOHN MARK BUNCH	02/24/2026
	** 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.