STOCK TITAN

Epsilon Energy (EPSN) CEO boosts stake with 26K-share purchase

(High)
(Positive)
Form Type
4

Rhea-AI Filing Summary

Epsilon Energy Ltd. (EPSN) reported that CEO and director Jason Stabell, through an entity, increased his exposure to the company’s common shares. On August 24, 2026, Sisu Investments, LLC, whose members include Mr. Stabell and his family, purchased 21,413 common shares at $5.626 per share, and on August 21, 2026 it purchased 4,900 common shares at $5.56 per share, both as indirect holdings. Separately, Mr. Stabell is reported as directly holding 549,682 common shares, which includes 225,995 restricted stock units that are subject to vesting and other restrictions. The filing indicates these transactions were not made pursuant to a Rule 10b5-1 trading plan.

Positive

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Negative

  • None.

Insights

Analyzing...

Insider Stabell Jason
Role Chief Executive Officer
Bought 26,313 shs ($148K)
Type Security Shares Price Value
Purchase Common Shares F1 21,413 $5.626 $120K
Purchase Common Shares F1 4,900 $5.56 $27K
holding Common Shares F2 -- -- --
Holdings After Transaction: Common Shares — 619,352 shares (Indirect, BY LLC); Common Shares — 549,682 shares (Direct)
Footnotes (2)
  1. F1. 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. F2. This amount includes 225,995 shares of restricted stock units subject to vesting and certain other restrictions.
Shares purchased on 2026-08-24 21,413 common shares Indirect purchase by Sisu Investments, LLC at $5.626 per share
Purchase price on 2026-08-24 $5.626 per share Open-market or private transaction for 21,413 common shares
Shares purchased on 2026-08-21 4,900 common shares Indirect purchase by Sisu Investments, LLC at $5.56 per share
Purchase price on 2026-08-21 $5.56 per share Open-market or private transaction for 4,900 common shares
Total shares purchased indirectly 26,313 common shares Sum of indirect purchases on August 21 and 24, 2026
Direct common share holdings 549,682 common shares Direct holdings reported for Jason Stabell, including RSUs
Restricted stock units included 225,995 shares of restricted stock units Part of the 549,682 directly held shares; subject to vesting and restrictions
restricted stock units financial
"includes 225,995 shares of restricted stock units subject to vesting"
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.
beneficial owner financial
"Mr. Stabell may be deemed to be a beneficial owner of such securtities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirect financial
"Indirect purchase by Sisu Investments, LLC"
Rule 10b5-1 trading plan regulatory
"transactions were not made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

What did EPSN CEO Jason Stabell report in this Form 4?

He reported indirect open-market purchases of Epsilon Energy Ltd. common shares through Sisu Investments, LLC, and a direct holding position that includes restricted stock units subject to vesting and other restrictions.

How many EPSN shares were bought and at what prices?

Sisu Investments, LLC bought 21,413 EPSN common shares at $5.626 per share on August 24, 2026 and 4,900 shares at $5.56 per share on August 21, 2026, for a total of 26,313 shares acquired indirectly.

Are the EPSN purchases by Jason Stabell direct or indirect?

They are indirect purchases. The securities are held by Sisu Investments, LLC, whose members are Jason Stabell, his wife, and children. Mr. Stabell may be deemed a beneficial owner through his role in managing that company.

How many EPSN shares does Jason Stabell hold directly after these transactions?

He is reported as directly holding 549,682 common shares of Epsilon Energy Ltd., which includes 225,995 restricted stock units that are subject to vesting and other restrictions.

How many restricted stock units does the EPSN CEO have?

His reported direct holdings include 225,995 shares of restricted stock units in Epsilon Energy Ltd., and these RSUs are subject to vesting and certain other restrictions.

Were these EPSN share purchases made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning the reported transactions were not made pursuant to a Rule 10b5-1 trading plan.

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*
Stabell Jason

(Last)(First)(Middle)
500 DALLAS ST., SUITE 1250

(Street)
HOUSTON TEXAS 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
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 Shares08/21/2026P(1)4,900(1)A$5.56597,939IBY LLC
Common Shares08/24/2026P(1)21,413(1)A$5.626619,352IBY LLC
Common Shares549,682(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. This amount includes 225,995 shares of restricted stock units subject to vesting and certain other restrictions.
/s/ Jason Stabell08/25/2026
** 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)