[Form 4] Epsilon Energy Ltd. Insider Trading Activity

Rhea-AI Filing Summary

Jason Stabell, Chief Executive Officer and director of Epsilon Energy Ltd. (EPSN), reported securities transactions on Form 4. The filing shows two open-market purchases of Common Shares: 9,000 shares on 08/18/2025 at $5.65 per share and 6,000 shares on 08/19/2025 at $5.71 per share. After these purchases, Mr. Stabell is reported as beneficially owning 479,339 shares following the first purchase and 485,339 shares following the second, held indirectly through Sisu Investments, LLC. The form also reports a disposal of 271,671 shares held directly. The filer states the shares held by Sisu Investments, LLC are attributable to Mr. Stabell because he participates in management of that entity. The form is signed by Mr. Stabell on 08/20/2025.

Positive

• Insider purchases recorded: 9,000 shares at $5.65 on 08/18/2025 and 6,000 shares at $5.71 on 08/19/2025, showing acquisition activity
• Clear disclosure of indirect ownership: Shares held by Sisu Investments, LLC are attributed to Mr. Stabell with an explanation of family members and his management role

Negative

• Sizable direct disposal: Reported disposal of 271,671 common shares (direct), which is a materially larger quantity than the reported purchases
• Mixed signals on insider intent: Concurrent small indirect purchases and a large direct sale may complicate interpretation of insider sentiment

Insights

Financial Analyst

TL;DR: Insider executed small net purchases via an affiliated LLC while also reporting a sizable direct disposal.

The Form 4 discloses two small open-market acquisitions totaling 15,000 shares at weighted prices near $5.68 and a contemporaneous direct disposal of 271,671 shares. The purchases are recorded as indirect holdings via Sisu Investments, LLC, increasing indirect beneficial ownership to 485,339 shares. From a capital-markets perspective, the mixed activity—modest buys coupled with a materially larger disposal—creates a neutral signal absent context on timing or purpose. The facts are clear: purchase prices ($5.65 and $5.71), transaction dates (08/18/2025 and 08/19/2025), and the reporting relationship (CEO and director) are disclosed, enabling investors to incorporate these movements into share-interest tracking.

Corporate Governance Expert

TL;DR: CEO disclosed transactions show related-party indirect holdings through an LLC and a large direct sale; governance disclosure appears compliant.

The filing identifies Jason Stabell as both a director and the Chief Executive Officer and explains that Sisu Investments, LLC holds shares with Mr. Stabell attributable by virtue of his role in managing the LLC. The Form 4 includes signature and dates consistent with Section 16 reporting. The coexistence of indirect accumulation and a sizable direct disposal is noteworthy for governance tracking but the document itself contains required disclosures: transaction dates, codes, quantities, prices, and explanatory note on the LLC ownership structure. No additional compliance issues are evident from the text provided.

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
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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)
08/18/2025

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	08/18/2025		P(1)		9,000(1)	A	$5.65	479,339	I	BY LLC
Common Shares	08/19/2025		P(2)		6,000(2)	A	$5.71	485,339	I	BY LLC
Common Shares								271,671	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	08/20/2025
	** 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 transactions did EPSN insider Jason Stabell report on Form 4?

The Form 4 reports purchases of 9,000 shares at $5.65 on 08/18/2025 and 6,000 shares at $5.71 on 08/19/2025, and a disposal of 271,671 shares (direct).

How many Epsilon Energy shares does Jason Stabell beneficially own after the reported trades?

The filing shows indirect beneficial ownership of 479,339 shares after the 08/18 purchase and 485,339 shares after the 08/19 purchase; the 271,671 shares are listed as a direct disposal.

Through what entity are Mr. Stabell's indirect holdings held?

The filing states the securities are held by Sisu Investments, LLC, whose members include Mr. Stabell, his wife, and children; Mr. Stabell may be deemed a beneficial owner by virtue of managing the LLC.

What role does Jason Stabell have at Epsilon Energy (EPSN)?

The Form 4 identifies Jason Stabell as a Director and the Chief Executive Officer of Epsilon Energy Ltd.

When were the Form 4 transactions signed and reported?

The Form 4 is signed by Jason Stabell on 08/20/2025 and lists the earliest transaction date as 08/18/2025.