Epsilon Energy CFO gets 10,342 vested shares

Epsilon Energy Ltd. reported that Chief Financial Officer Andrew Williamson acquired 10,342 common shares through the vesting of previously granted restricted stock.

Rhea-AI Filing Summary

Epsilon Energy Ltd. reported that Chief Financial Officer Andrew Williamson acquired 10,342 common shares through the vesting of previously granted restricted stock. These awards, originally granted on 07/01/2022 and 07/01/2023, vested and were issued on 07/02/2026 at no cash cost per share.

Following these awards, Williamson holds 199,276 common shares directly and 72,500 common shares indirectly through a trust. A footnote also states that 94,855 restricted stock units remain outstanding, subject to future vesting and other restrictions.

Insider Trade Summary

Grant/Award: 10,342 shares

Grant/Award 3 txns

Insider Williamson Andrew

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	2,539	$0.00	$0.00
Grant/Award	Common Shares	7,803	$0.00	$0.00
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 199,276 shares (Direct); Common Shares — 72,500 shares (Indirect, BY TRUST)

Footnotes (3)

1. F1. These common shares were acquired as a restricted stock grant on 07/01/2022. They vested and were issued 07/02/2026.
2. F2. These common shares were acquired as a restricted stock grant on 07/01/2023. They vested and were issued 07/02/2026.
3. F3. This amount includes 94,855 shares of restricted stock units subject to vesting and certain other restrictions.

Key Figures

Vested shares acquired: 10,342 shares Award 1 vested shares: 7,803 shares Award 2 vested shares: 2,539 shares +4 more

7 metrics

Vested shares acquired 10,342 shares Restricted stock that vested and was issued on 07/02/2026

Award 1 vested shares 7,803 shares Restricted stock grant dated 07/01/2022, vested 07/02/2026

Award 2 vested shares 2,539 shares Restricted stock grant dated 07/01/2023, vested 07/02/2026

Issue price per share $0.0000 per share Reported for both restricted stock acquisitions

Direct common shares after 199,276 shares Directly owned by CFO after transactions

Indirect trust shares 72,500 shares Indirect ownership by trust reported in holding entry

Unvested RSUs 94,855 units Restricted stock units subject to vesting and other restrictions

Key Terms

restricted stock grant, restricted stock units, grant/award acquisition, indirect ownership

4 terms

restricted stock grant financial

"These common shares were acquired as a restricted stock grant on 07/01/2022."

A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.

restricted stock units financial

"This amount includes 94,855 shares of restricted stock units subject to vesting and certain other restrictions."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

grant/award acquisition financial

"transaction_action: grant/award acquisition for non-derivative common shares."

indirect ownership financial

"total_shares_following_transaction 72,500.0000, ownership_type indirect, nature_of_ownership BY TRUST."

FAQ

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

What did Epsilon Energy (EPSN) disclose about its CFO in this Form 4?

Epsilon Energy disclosed that CFO Andrew Williamson received 10,342 common shares as vested restricted stock. These shares came from prior grants that vested on July 2, 2026, and were issued at no cash cost, reflecting routine equity compensation rather than an open-market purchase.

How many Epsilon Energy common shares does the CFO hold after this transaction?

After the vesting, CFO Andrew Williamson holds 199,276 Epsilon Energy common shares directly. He also has 72,500 common shares reported as indirectly owned through a trust, giving investors a clearer picture of his total equity exposure to the company following this compensation event.

Were the new Epsilon Energy shares bought on the market by the CFO?

No, the new shares were not bought on the market. The 10,342 common shares reflect restricted stock awards granted previously that vested and were issued on July 2, 2026, at a reported price of $0.0000 per share, indicating compensation-related issuance instead of a cash purchase.

What prior grants led to the CFO’s new Epsilon Energy share issuance?

The filing states that one block of common shares came from a restricted stock grant dated July 1, 2022, and another from a restricted stock grant dated July 1, 2023. Both grants vested and were issued on July 2, 2026, increasing the CFO’s direct ownership stake.

Does the Epsilon Energy CFO have additional equity that is not yet vested?

Yes. A footnote notes that 94,855 restricted stock units are still outstanding for the CFO. These units remain subject to vesting and certain other restrictions, so they are potential future equity rather than currently issued common shares, adding to his long-term incentive alignment.

How many Epsilon Energy shares does the CFO hold indirectly through a trust?

The Form 4 reports 72,500 common shares as indirectly owned by CFO Andrew Williamson through a trust. This is separate from his 199,276 directly held shares, indicating that a portion of his stake is held in a structured ownership vehicle rather than in his own name.

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

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Accepted by SEC EDGAR 07/08/2026 - 09:17 PM EDT Learn about SEC filing dates

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^*

Williamson Andrew

(Last) (First) (Middle)

500 DALLAS ST., SUITE 1250

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Epsilon Energy Ltd. [ EPSN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	07/02/2026		A(1)		2,539(1)	A	$0	191,473	D
Common Shares	07/02/2026		A(2)		7,803(2)	A	$0	199,276(3)	D
Common Shares								72,500	I	BY TRUST

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. These common shares were acquired as a restricted stock grant on 07/01/2022. They vested and were issued 07/02/2026.

2. These common shares were acquired as a restricted stock grant on 07/01/2023. They vested and were issued 07/02/2026.

3. This amount includes 94,855 shares of restricted stock units subject to vesting and certain other restrictions.

	/s/ J. Andrew Williamson	07/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)