Epsilon Energy (EPSN) CEO reports insider share purchases

Rhea-AI Filing Summary

Epsilon Energy Ltd. (EPSN) Chief Executive Officer and director Jason Stabell reported open-market purchases of company stock. On 11/19/2025, an affiliated entity bought 11,500 common shares at $4.822 per share, and on 11/20/2025 it bought an additional 9,700 common shares at $4.77 per share. These shares are held by Sisu Investments, LLC, whose members are Mr. Stabell, his wife, and kids, and he may be deemed a beneficial owner through his management role. Following the reported transactions, he indirectly beneficially owned 506,539 common shares through the LLC and directly owned 277,769 common shares.

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

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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^*

Stabell Jason

(Last) (First) (Middle)

500 DALLAS ST., SUITE 1250

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

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 Shares	11/19/2025		P(1)		11,500(1)	A	$4.822	496,839	I	BY LLC
Common Shares	11/20/2025		P(2)		9,700(2)	A	$4.77	506,539	I	BY LLC
Common Shares								277,769	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. The securities reported herein are held by Sisu Investments, LLC, whose members are Jason Stabell, his wife, and kids. Mr. Stabell may be deemed to be a beneficial owner of such securtities by virtue of his role in the management of this company.

2. The securities reported herein are held by Sisu Investments, LLC, whose members are Jason Stabell, his wife, and kids. Mr. Stabell may be deemed to be a beneficial owner of such securtities by virtue of his role in the management of this company.

	/s/ Jason Stabell	11/21/2025
	** 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.

FAQ

What insider transaction did EPSN report for its CEO on this Form 4?

Epsilon Energy Ltd. reported that Chief Executive Officer and director Jason Stabell bought company common shares in open-market transactions on 11/19/2025 and 11/20/2025.

How many Epsilon Energy (EPSN) shares did the CEO buy and at what prices?

An affiliated entity purchased 11,500 common shares at $4.822 per share on 11/19/2025 and 9,700 common shares at $4.77 per share on 11/20/2025.

How many EPSN shares does the CEO beneficially own after these transactions?

After the reported trades, Jason Stabell beneficially owned 506,539 common shares indirectly through Sisu Investments, LLC and 277,769 common shares directly.

In what capacity is the reporting person related to Epsilon Energy (EPSN)?

Jason Stabell is a director and an officer of Epsilon Energy Ltd., serving as its Chief Executive Officer.

How are the reported EPSN shares held for the CEO?

The purchased shares are held by Sisu Investments, LLC, whose members are Jason Stabell, his wife, and kids. He may be deemed a beneficial owner due to his management role in the LLC.

Is this EPSN Form 4 filed by one or multiple reporting persons?

The filing is indicated as a Form filed by One Reporting Person, reflecting ownership and transactions for Jason Stabell.