Evolution Petroleum grants CEO 168K shares
Evolution Petroleum granted its CEO a large restricted stock award and new performance stock units tied to future goals.
Rhea-AI Filing Summary
EVOLUTION PETROLEUM CORP (symbol: EPM) is the issuer of record for a Form 4 filing submitted to the SEC. Loyd Kelly William reported acquisition or exercise transactions in this Form 4 filing.
EVOLUTION PETROLEUM CORP (EPM) reported equity awards to President & CEO Loyd Kelly William on September 17, 2026. He received 168,049 shares of restricted common stock under the Amended and Restated 2016 Equity Incentive Plan, increasing his direct common stock holdings to 585,277 shares.
He was also granted 84,025 performance stock units (PSUs), each representing a contingent right to one share of common stock that vests only upon attainment of specified performance goals and other vesting criteria, with the PSUs expiring on June 30, 2029. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 252,074 shares
Grant/Award
2 txns
Insider
Loyd Kelly William
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit F2 | 84,025 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 168,049 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Unit — 84,025 contracts (Direct);
Common Stock — 585,277 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: 168,049 shares
Common shares held after award: 585,277 shares
Performance stock units granted: 84,025 PSUs
+3 more
6 metrics
Restricted common stock granted
168,049 shares
Award of restricted stock on September 17, 2026
Common shares held after award
585,277 shares
Direct common stock holdings of CEO following September 17, 2026 transaction
Performance stock units granted
84,025 PSUs
Grant of PSUs on September 17, 2026
PSU underlying common shares
84,025 shares
Each PSU represents a contingent right to one share of common stock
PSU expiration date
June 30, 2029
Expiration date for the performance stock units
Transaction price per share
$0.00 per share
Reported for both restricted stock and PSU grants as equity awards, not market purchases
Key Terms
Performance Stock Unit, Restricted Stock, Amended and Restated 2016 Equity Incentive Plan, vesting criteria
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.
Amended and Restated 2016 Equity Incentive Plan financial
"pursuant to Company's Amended and Restated 2016 Equity Incentive Plan, subject to"
vesting criteria financial
"subject to the attainment of performance goals and other vesting criteria."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did EPM grant to its CEO on September 17, 2026?
On September 17, 2026, EPM granted President & CEO Loyd Kelly William 168,049 shares of restricted common stock and 84,025 performance stock units (PSUs) under the Amended and Restated 2016 Equity Incentive Plan.
What are the terms of the 84,025 performance stock units reported for EPM?
The 84,025 PSUs each represent a contingent right to receive one share of EPM common stock, issuable only if specified performance goals and other vesting criteria are achieved. The PSUs have an expiration date of June 30, 2029.
Were the EPM CEO’s September 17, 2026 transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox as not checked, and the footnotes do not describe any trading plan, so these awards are not reported as made under a Rule 10b5-1 plan.
What plan governs the CEO equity awards disclosed for EPM?
Both the restricted stock and the PSUs were granted pursuant to Evolution Petroleum’s Amended and Restated 2016 Equity Incentive Plan, as stated in the footnotes to the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
