US Energy (USEG) CEO Form 4 shows 20,834 shares for tax withholding

Rhea-AI Filing Summary

US Energy Corp CEO Ryan L. Smith reported a tax-related share withholding transaction. On 01/05/2026, he disposed of 20,834 shares of US Energy common stock at $0.99 per share, coded as transaction type F, which represents payment of tax withholding from exempt stock grants. After this withholding, he beneficially owned 1,162,205 shares of US Energy common stock, held directly.

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^*

Smith Ryan Lewis

(Last) (First) (Middle)

C/O U.S. ENERGY CORP.

1616 S. VOSS, SUITE 725

(Street)

HOUSTON TX 77057

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
US ENERGY CORP [ USEG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

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 Stock	01/05/2026		F(1)		20,834	D	$0.99	1,162,205	D

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. Represents payment of tax withholding from exempt stock grants.

	/s/ Ryan L. Smith	01/08/2026
	** 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).
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FAQ

What insider transaction did US Energy (USEG) report for January 5, 2026?

US Energy reported that CEO and director Ryan L. Smith disposed of 20,834 shares of common stock on 01/05/2026 at a price of $0.99 per share.

Why were 20,834 US Energy (USEG) shares disposed of by the CEO?

The filing states the 20,834 shares represent payment of tax withholding from exempt stock grants, meaning shares were withheld to cover taxes rather than sold in an open-market trade.

How many US Energy (USEG) shares does CEO Ryan L. Smith own after this Form 4 transaction?

Following the reported tax withholding transaction, CEO Ryan L. Smith beneficially owned 1,162,205 shares of US Energy common stock, held directly.

What is the role of the reporting person in this US Energy (USEG) Form 4?

The reporting person, Ryan L. Smith, is both a director and an officer of US Energy Corp, serving as its CEO.

Was the US Energy (USEG) CEO’s Form 4 transaction an open-market sale?

The transaction is coded F and the footnote explains it represents payment of tax withholding from exempt stock grants, indicating it is a tax withholding event rather than a discretionary open-market sale.

Is the US Energy (USEG) Form 4 filed by more than one reporting person?

No. The document indicates the Form is filed by one reporting person, CEO and director Ryan L. Smith.