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Evolution Petroleum grants CFO 97,561 restricted shares

Evolution Petroleum’s CFO received new restricted stock and performance stock unit awards as part of equity-based compensation.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EVOLUTION PETROLEUM CORP (symbol: EPM) is the issuer of record for a Form 4 filing submitted to the SEC. Stash Ryan reported acquisition or exercise transactions in this Form 4 filing.

EVOLUTION PETROLEUM CORP (EPM) reported that its SVP & CFO, Stash Ryan, received equity awards on September 17, 2026. He was granted 97,561 shares of restricted common stock and 48,781 performance stock units (PSUs) under the Amended and Restated 2016 Equity Incentive Plan. Each PSU is a contingent right to one share of common stock, subject to performance goals and other vesting criteria, and is scheduled to expire on June 30, 2029. Following these awards, he directly holds 370,974 shares of common stock and 48,781 PSUs. No Rule 10b5-1 trading plan is reported for these awards.

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Negative

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Insider Stash Ryan
Role SVP & CFO
Type Security Shares Price Value
Grant/Award Performance Stock Unit F2 48,781 $0.00 $0.00
Grant/Award Common Stock F1 97,561 $0.00 $0.00
Holdings After Transaction: Performance Stock Unit — 48,781 contracts (Direct); Common Stock — 370,974 shares (Direct)
Footnotes (2)
  1. F1. Award of Restricted Stock pursuant to Company's Amended and Restated 2016 Equity Incentive Plan, subject to vesting terms and performance goals.
  2. 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.
Restricted stock granted 97,561 shares Award of restricted common stock on September 17, 2026
Performance stock units granted 48,781 units PSU award on September 17, 2026, each unit for one common share
Common shares held after transaction 370,974 shares Direct common stock holdings of CFO after September 17, 2026 awards
PSUs outstanding after transaction 48,781 units Direct PSU holdings of CFO after the reported grants
Grant price per share $0.00 per share Equity awards reported as granted at no cash cost to the CFO
PSU expiration date June 30, 2029 Expiration date for the granted performance stock units
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 criteria financial
"subject to the attainment of performance goals and other vesting criteria."
Amended and Restated 2016 Equity Incentive Plan financial
"pursuant to Company's Amended and Restated 2016 Equity Incentive Plan"

FAQ

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

What equity awards did EPM grant to its CFO Stash Ryan on this Form 4?

Stash Ryan was granted 97,561 shares of restricted common stock and 48,781 performance stock units (PSUs) under Evolution Petroleum’s Amended and Restated 2016 Equity Incentive Plan on September 17, 2026.

How many Evolution Petroleum (EPM) common shares does the CFO hold after these grants?

After the September 17, 2026 grants, Stash Ryan directly holds 370,974 shares of Evolution Petroleum common stock, plus 48,781 performance stock units that may convert into shares if vesting conditions are met.

What are the terms of the performance stock units granted to the EPM CFO?

Each of the 48,781 performance stock units represents a contingent right to receive one share of Evolution Petroleum common stock, subject to attainment of performance goals and other vesting criteria, with an expiration date of June 30, 2029.

Are the EPM CFO’s equity grants under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not selected, so no Rule 10b5-1 trading plan is reported in connection with these equity awards to the CFO.

What plan governs the new equity awards reported for Evolution Petroleum (EPM)?

Both the restricted stock and performance stock unit awards to the CFO were granted under Evolution Petroleum’s Amended and Restated 2016 Equity Incentive Plan, as disclosed in the footnotes to the Form 4.

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

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SEC Form 4
FORM 4UNITED 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*
Stash Ryan

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/17/2026A97,561(1)A$0370,974D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Stock Unit(2)09/17/2026A48,781 (2)06/30/2029Common Stock48,781$048,781D
Explanation of Responses:
1. Award of Restricted Stock pursuant to Company's Amended and Restated 2016 Equity Incentive Plan, subject to vesting terms and performance goals.
2. 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.
/s/ RYAN STASH09/21/2026
** Signature of Reporting PersonDate
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)

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