Epsilon Energy CFO covers taxes with share disposal
Epsilon Energy Ltd. Chief Financial Officer Andrew Williamson reported a routine tax-related share disposition.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Epsilon Energy Ltd. Chief Financial Officer Andrew Williamson reported a routine tax-related share disposition. On the vesting of restricted stock units, 10,000 common shares were disposed of to cover tax withholding obligations at a weighted average price of $6.46 per share, with individual sale prices ranging from $6.40 to $6.52. Following these transactions, Williamson directly holds 186,394 common shares and indirectly holds 72,500 common shares through a trust.
Insider Trade Summary
Exercise Price or Tax Liability: 10,000 shares
Exercise Price or Tax Liability
1 txn
Insider
Williamson Andrew
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 10,000 | $6.46 | $65K |
| Holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 186,394 shares (Direct);
Common Shares — 72,500 shares (Indirect, BY TRUST)
Holdings Before and After:
Common Shares, 196,394 to 186,394 shares (Direct)
Footnotes (1)
- F1. Sale to cover tax withholding obligation incurred with the vesting of restricted stock units. The reported price is a weighted average price, with shares sold in multiple transactions at prices ranging from $6.40 to $6.52, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Key Figures
Tax-withholding shares disposed: 10,000 shares
Weighted average price: $6.46 per share
Price range: $6.40–$6.52 per share
+3 more
6 metrics
Tax-withholding shares disposed
10,000 shares
Common Shares disposed to cover tax withholding on RSU vesting
Weighted average price
$6.46 per share
Weighted average for tax-withholding disposition
Price range
$6.40–$6.52 per share
Range of individual transaction prices within the disposition
Direct holdings after transaction
186,394 shares
Common Shares directly owned by CFO after disposition
Indirect holdings after transaction
72,500 shares
Common Shares held indirectly by trust after transaction
Tax-withholding share count summary
10,000 shares
TaxWithholdingShares reported in transaction summary
Key Terms
restricted stock units, tax withholding obligation, weighted average price, Common Shares, +1 more
5 terms
restricted stock units financial
"Sale to cover tax withholding obligation incurred with the vesting of restricted stock units."
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.
tax withholding obligation financial
"Sale to cover tax withholding obligation incurred with the vesting of restricted stock units."
weighted average price financial
"The reported price is a weighted average price, with shares sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Epsilon Energy (EPSN) report for its CFO?
Epsilon Energy reported that CFO Andrew Williamson disposed of 10,000 common shares to satisfy tax withholding from restricted stock unit vesting. This was a non-market, tax-related transaction rather than a discretionary open-market sale of his investment position.
Was the Epsilon Energy (EPSN) CFO’s Form 4 transaction an open-market sale?
No. The Form 4 describes the 10,000-share disposition as a sale to cover tax withholding obligations from restricted stock unit vesting. This type of transaction is classified as tax-withholding, not a discretionary open-market sale based on the executive’s investment views.
What does the weighted average price disclosure mean in Epsilon Energy’s Form 4?
The weighted average price of $6.46 per share reflects multiple small transactions executed between $6.40 and $6.52. The footnote states the CFO will provide details on the number of shares executed at each separate price within that range upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
