HighPeak Energy (HPK) director granted 18,940 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edgeworth Jason A. reported acquisition or exercise transactions in this Form 4 filing.
HighPeak Energy, Inc. director Jason A. Edgeworth received a grant of 18,940 shares of common stock as a restricted stock award. The grant carries no cash purchase price. Following this award, he directly holds 60,683 shares of HighPeak Energy common stock.
The restricted shares vest only if he continues serving on the board until the earlier of a change of control of the company or the date of the next annual meeting. This grant represents compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Edgeworth Jason A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 18,940 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 60,683 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 18,940 shares
Grant price per share: $0.0000 per share
Shares held after grant: 60,683 shares
3 metrics
Restricted stock grant
18,940 shares
Common Stock award to director on 2026-06-02
Grant price per share
$0.0000 per share
Indicated grant price for restricted stock
Shares held after grant
60,683 shares
Total direct holdings after the award
Key Terms
restricted stock, change of control, board of directors
3 terms
restricted stock financial
"Award represents shares of restricted stock that vest subject to the Reporting Person's continuous service"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
change of control financial
"vest ... on the earlier of (i) a change of control or (ii) the date of the Company's next annual meeting"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
board of directors financial
"vest subject to the Reporting Person's continuous service on the board of directors of HighPeak Energy, Inc."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did HighPeak Energy (HPK) disclose for Jason A. Edgeworth?
HighPeak Energy reported that director Jason A. Edgeworth received 18,940 shares of restricted common stock as a grant. The award is a compensation-related acquisition, not an open-market trade, and increases his directly held stake in the company.
Is Jason A. Edgeworth’s HighPeak Energy (HPK) transaction a market buy or sell?
The reported transaction is a grant of restricted stock, not a market buy or sell. It is categorized as a grant, award, or other acquisition, reflecting compensation for board service rather than an open-market trading decision by the director.