Epsilon Energy Ltd. filings document formal disclosures for an Alberta, Canada issuer with common shares traded under EPSN on the NASDAQ Capital Market. Recent records include proxy materials on shareholder voting, governance and executive compensation, and Form 8-K reports covering material agreements, Regulation FD items and capital-structure events.
The filing record also documents the company’s reserve-based revolving credit facility, unregistered common-share issuances connected to completed Peak Companies transactions, and required historical financial statements and pro forma financial information for those acquisitions. These disclosures tie Epsilon’s upstream and gathering assets to financing arrangements, equity consideration and board-level governance.
Solas Capital Management, LLC and portfolio manager Frederick Tucker Golden report beneficial ownership of 3,545,186 common shares of Epsilon Energy Ltd., representing 11.9% of the company. This percentage is based on 29,893,432 shares outstanding as of January 9, 2026, as stated in a recent Form S-3.
The filing shows they have no sole voting or dispositive power, but share voting and dispositive power over all reported shares. The securities are held through private funds Solas advises, and are described as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of Epsilon Energy.
The Vanguard Group has reported its ownership position in Epsilon Energy Ltd. As of 12/31/2025, Vanguard beneficially owned 1,076,761 shares of Epsilon Energy common stock, representing 4.87% of the outstanding class.
Vanguard reports no sole voting or dispositive power over these shares, with 120,829 shares subject to shared voting power and 1,076,761 shares subject to shared dispositive power. The filing states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Epsilon Energy.
The disclosure notes an internal realignment at The Vanguard Group, Inc. effective 01/12/2026, after which certain subsidiaries or business divisions are expected to report beneficial ownership separately while pursuing the same investment strategies as before. Vanguard’s clients have the right to receive dividends or sale proceeds from these securities, and no single other person has more than a 5% interest.
Epsilon Energy Ltd. reported an equity award to its Chief Financial Officer, Andrew Williamson. On 01/22/2026, he received a grant of 71,130 common shares represented by time-based restricted stock units at a stated price of $0 per share. These RSUs vest in three equal installments on 12/31/2026, 12/31/2027, and 12/31/2028.
Following this grant, Williamson beneficially owns 196,394 common shares directly and 72,500 common shares indirectly through a trust. This filing reflects compensation-related equity, not an open‑market purchase or sale.
Epsilon Energy Ltd. director David W. Winn reported an equity award of common shares. On 01/22/2026 he received 13,598 common shares at a reported price of $0, structured as time-based restricted stock units. These RSUs vest in three equal installments on 12/31/2026, 12/31/2027, and 12/31/2028, aligning the award with multi-year service. Following this grant, Winn directly beneficially owns 70,435 common shares of Epsilon Energy.
Epsilon Energy Ltd. reported that its Chief Operating Officer, Henry N. Clanton, received an equity award in the form of restricted stock units. On 01/22/2026, he was granted 49,582 common shares at a price of $0 per share, as indicated by the transaction code "A" for an award or grant. These shares are represented by time-based restricted stock units that vest evenly over three years on 12/31/2026, 12/31/2027, and 12/31/2028.
Following this grant, Clanton beneficially owns 176,250 common shares of Epsilon Energy Ltd., held directly. This filing reflects a compensation-related stock award rather than an open-market purchase or sale.
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.
Epsilon Energy Ltd. director Jason Stankowski reported receiving a grant of 13,598 common shares on 01/22/2026, at a price of $0 per share. According to the footnotes, this grant is in the form of time-based restricted stock units that vest evenly over three years on 12/31/2026, 12/31/2027, and 12/31/2028.
Following this grant, Stankowski directly holds 58,069 common shares. An additional 334,726 common shares are reported as indirectly owned through multiple accounts managed by Clayton Partners LLC, where he serves as a portfolio manager. The filing states that Clayton may be deemed a beneficial owner due to its investment manager role, and that Stankowski may be deemed a beneficial owner through his role at Clayton, but he disclaims beneficial ownership of these indirectly held securities except to the extent of any pecuniary interest.
Epsilon Energy director John Lovoi reported an equity award in the form of 13,598 common shares represented by time-based restricted stock units. These shares vest evenly over three years on 12/31/2026, 12/31/2027, and 12/31/2028, and were granted at a price of $0, reflecting a compensatory award rather than an open-market purchase. After this grant, Lovoi directly holds 122,617 common shares. The filing also notes 208,078 common shares held in multiple accounts managed by JVL Advisors, LLC, where Lovoi is the managing member; he may be deemed a beneficial owner through that role but expressly disclaims beneficial ownership of those managed securities except to the extent of any pecuniary interest.
Epsilon Energy Ltd. director Nicola L. Maddox received an equity grant through restricted stock units. On 01/22/2026, Maddox was awarded 13,598 common shares at a price of $0 per share, reflecting a stock-based compensation grant rather than an open-market purchase.
These shares are represented by time-based restricted stock units that vest in three equal installments on 12/31/2026, 12/31/2027, and 12/31/2028. Following this grant, Maddox beneficially owned 46,382 common shares directly. The filing highlights ongoing equity-based compensation designed to align the director’s interests with those of other shareholders.
Epsilon Energy Ltd. director Tracy B. Stephens reported a new equity award in the form of time-based restricted stock units. On 01/22/2026, Stephens received a grant of 13,598 common shares at a price of $0 per share, represented by restricted stock units that vest evenly over three years on 12/31/2026, 12/31/2027, and 12/31/2028. Following this grant, Stephens directly beneficially owns 99,335 common shares of Epsilon Energy.