Epsilon Energy (EPSN) CEO receives 166,736 time-based RSUs

Rhea-AI Filing Summary

Epsilon Energy Ltd. reported an equity award to its Chief Executive Officer and director, Jason Stabell. On 01/22/2026, he was granted 166,736 common shares represented by time-based restricted stock units at a price of $0 per share. According to the footnote, these RSUs vest in equal installments on 12/31/2026, 12/31/2027, and 12/31/2028.

After this grant, Stabell beneficially owns 506,765 common shares directly and an additional 535,039 common shares indirectly through an LLC.

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

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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)
01/22/2026

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	01/22/2026		A(1)		166,736(1)	A	$0(1)	506,765	D
Common Shares								535,039	I	BY LLC

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. A grant of 166,736 shares of common stock represented by time-based restricted stock units. The shares vest evenly over three years (12/31/26, 12/31/27, and 12/31/28).

	/s/ Jason Stabell	01/23/2026
	** 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.

FAQ

What did Epsilon Energy (EPSN) disclose in this Form 4 filing?

The filing shows that Chief Executive Officer and director Jason Stabell received a grant of 166,736 common shares represented by time-based restricted stock units on 01/22/2026.

How many Epsilon Energy shares were granted to CEO Jason Stabell?

Jason Stabell was granted 166,736 shares of common stock, delivered in the form of time-based restricted stock units with a grant price of $0 per share.

What is the vesting schedule for Jason Stabell’s 166,736 RSUs at Epsilon Energy (EPSN)?

The 166,736 RSUs vest evenly over three years, with one-third vesting on 12/31/2026, one-third on 12/31/2027, and the final third on 12/31/2028.

How many Epsilon Energy shares does Jason Stabell own after this grant?

After the grant, Jason Stabell beneficially owns 506,765 common shares directly and 535,039 common shares indirectly through an LLC.

Is Jason Stabell’s ownership in Epsilon Energy direct or through an entity?

His holdings are both direct and indirect: 506,765 shares are held directly, and 535,039 shares are held indirectly, noted as being "BY LLC".

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

Jason Stabell is disclosed as both a Director and the Chief Executive Officer of Epsilon Energy Ltd.