[144] Magnite, Inc. SEC Filing

Rhea-AI Filing Summary

Epsilon Energy Ltd. (EPSN) – Form 4 insider filing

Chief Executive Officer and Director Jason Stabell reported the automatic issuance of restricted stock that vested on 1 July 2025. Two separate grants became unrestricted:

• 6,098 common shares from a 1 July 2022 award (footnote 1)
• 18,727 common shares from a 1 July 2023 award (footnote 2)

The transactions are coded “A” (acquisition) and were executed at $0, reflecting share issuance rather than market purchases.

Following these events, Stabell’s direct holdings increased to 271,671 common shares. He also reports 470,339 shares held indirectly through an LLC, bringing his total disclosed beneficial ownership to roughly 742,010 shares.

No derivative securities were involved, and there were no dispositions. Because the shares stem from previously approved compensation plans, the filing signals continued equity alignment but does not reflect an incremental cash investment by the insider.

Positive

• Increase in CEO direct ownership from 246,846 to 271,671 shares, reinforcing equity alignment with shareholders.

Negative

• Shares were issued at $0; absence of open-market purchases limits the strength of any bullish signal.

Insights

Securities Analyst

TL;DR – CEO received 24,825 vested shares; no cash purchase, neutral signal.

The Form 4 shows routine vesting of two restricted-stock grants totalling 24,825 shares. The acquisitions are non-market, zero-cost issuances and therefore do not convey the typical conviction of an open-market purchase. Direct ownership rises 10 %, while total beneficial ownership now exceeds 0.7 million shares. From a trading-signal perspective, the event is neutral: it neither adds selling pressure nor represents a paid-up vote of confidence. Liquidity impact on EPSN’s float is negligible.

Corporate Governance Expert

TL;DR – Filing confirms equity-based pay alignment; governance unchanged.

The vesting demonstrates that EPSN’s long-term incentive plan is functioning as designed, transferring stock to executives after the three-year cliff periods. Stabell’s enlarged stake may strengthen shareholder-management alignment, yet no new compensation decision was taken—this merely executes pre-existing awards. There are no indications of accelerated vesting, option repricing, or other governance concerns. Overall governance impact is not material.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	42584	1064600.00	141110559	07/03/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/03/2025	Stock Option Exercise	ISSUER			8329	07/03/2025	Cash
Common	11/15/2020	Restricted Stock	ISSUER			34255	11/15/2020	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ADAM SOROCA 1250 Broadway, 15th Floor New York NY 10001	Common	06/24/2025	14261	285220.00
ADAM SOROCA 1250 Broadway, 15th Floor New York NY 10001	Common	06/24/2025	3662	73240.00
ADAM SOROCA 1250 Broadway, 15th Floor New York NY 10001	Common	06/24/2025	18267	365340.00
ADAM SOROCA 1250 Broadway, 15th Floor New York NY 10001	Common	06/24/2025	8329	166580.00
ADAM SOROCA 1250 Broadway, 15th Floor New York NY 10001	Common	06/06/2025	8328	147405.60
ADAM SOROCA 1250 Broadway, 15th Floor New York NY 10001	Common	05/20/2025	8328	141576.00
ADAM SOROCA 1250 Broadway, 15th Floor New York NY 10001	Common	05/16/2025	11366	178823.55

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many EPSN shares did CEO Jason Stabell acquire on 1 July 2025?

He acquired 24,825 common shares (6,098 + 18,727) through the vesting of restricted stock awards.

What is Jason Stabell's total beneficial ownership after the transaction?

Stabell now beneficially owns 271,671 direct shares and 470,339 indirect shares, totalling about 742,010 shares.

Were the shares purchased on the open market?

No. The shares were issued at $0 upon vesting of earlier restricted stock grants, not bought on the market.

Did the Form 4 report any share sales by the CEO?

No. The filing only reports acquisitions; there were no dispositions.

Are any derivative securities (options or warrants) involved?

No derivative securities were reported in Table II of the Form 4.