Evolution Petroleum grants COO 91K restricted shares
COO John Mark Bunch received time- and performance-based equity awards that increase his direct common stock holdings at Evolution Petroleum.
Rhea-AI Filing Summary
EVOLUTION PETROLEUM CORP (symbol: EPM) is the issuer of record for a Form 4 filing submitted to the SEC. Bunch John Mark reported acquisition or exercise transactions in this Form 4 filing.
EVOLUTION PETROLEUM CORP (EPM) reported that its COO, John Mark Bunch, received equity awards on September 17, 2026. He was granted 91,120 shares of restricted common stock under the Amended and Restated 2016 Equity Incentive Plan, subject to vesting terms and performance goals, and 45,560 performance stock units, each representing a contingent right to one share of common stock, subject to performance goals and other vesting criteria, expiring June 30, 2029. Following these awards, he holds 270,411 shares of common stock directly, and common shares for the PSUs will be issued only if the specified goals and vesting criteria are achieved; no Rule 10b5‑1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 136,680 shares
Grant/Award
2 txns
Insider
Bunch John Mark
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit F2 | 45,560 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 91,120 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Unit — 45,560 contracts (Direct);
Common Stock — 270,411 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 stock granted: 91,120 shares
Performance stock units granted: 45,560 PSUs
Common shares held after award: 270,411 shares
+2 more
5 metrics
Restricted stock granted
91,120 shares
Award of restricted common stock to COO on September 17, 2026
Performance stock units granted
45,560 PSUs
Equity incentive grant to COO on September 17, 2026
Common shares held after award
270,411 shares
Direct common stock ownership by COO after September 17, 2026 grant
PSU expiration date
June 30, 2029
Expiration of performance stock units granted to COO
Transaction price per share
$0.00
Equity awards granted without cash consideration
Key Terms
Performance Stock Unit, Restricted Stock, Amended and Restated 2016 Equity Incentive Plan, vesting criteria, +1 more
5 terms
Performance Stock Unit financial
"The Company granted performance stock units ("PSUs") pursuant to the Company's Amended and Restated 2016 Equity Incentive Plan."
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 Incentive Plan, subject to vesting terms and performance goals."
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.
Amended and Restated 2016 Equity Incentive Plan financial
"pursuant to Company's Amended and Restated 2016 Equity Incentive Plan, subject to vesting terms and performance goals."
vesting criteria financial
"subject to the attainment of performance goals and other vesting criteria."
performance goals financial
"subject to the attainment of performance goals and other vesting criteria."
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did EPM grant to COO John Mark Bunch on September 17, 2026?
He received 91,120 shares of restricted common stock and 45,560 performance stock units under Evolution Petroleum’s Amended and Restated 2016 Equity Incentive Plan, all subject to performance goals and other vesting criteria.
What are the terms of the performance stock units granted by EPM?
The 45,560 performance stock units each represent a contingent right to receive one share of Evolution Petroleum common stock, subject to the attainment of specified performance goals and other vesting criteria. Common shares will be issued only after those conditions are met.
When do the performance stock units granted by Evolution Petroleum expire?
The performance stock units granted to COO John Mark Bunch on September 17, 2026 carry an expiration date of June 30, 2029, as stated in the award details.
Were the September 17, 2026 EPM equity awards made under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is not affirmed, indicating these September 17, 2026 equity awards were not reported as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
