[Form 4] US ENERGY CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US ENERGY CORP director and 10% owner group member John A. Weinzierl reported internal share transfers involving entities he controls or is associated with. On the reported date, Katla Energy Holdings LLC distributed 1,818,000 shares of Common Stock at $1.10 per share to Mr. Weinzierl and his spouse, according to footnotes. Footnotes also describe subsequent gifts of 909,000 shares each by Mr. Weinzierl and his spouse to trusts, including the John Alfred Weinzierl 2020 Trust.
After these restructuring movements, the filing shows 3,832,326 shares held directly by Mr. Weinzierl, 909,000 shares held indirectly through a trust for which his spouse serves as trustee, and 4,033,893 shares held indirectly through the 2020 Trust. Footnotes state that certain shares may be deemed beneficially owned by Mr. Weinzierl due to his roles with Katla and the Trust, and that he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Weinzierl John A, John Alfred Weinzierl 2020 Trust u/a November 10, 2020, Katla Energy Holdings LLC
Role
null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 1,818,000 | $1.10 | $2.00M |
| Other | Common Stock | 909,000 | $1.10 | $1000K |
| Other | Common Stock | 909,000 | $1.10 | $1000K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,832,326 shares (Direct, null);
Common Stock — 4,033,893 shares (Indirect, By John Alfred Weinzierl 2020 Trust, u/t/a November 10, 2020)
Footnotes (1)
- Excludes shares of Common Stock relating to the voting group described below under "Remarks". Represents shares of common stock, $0.01 par value per share of the Issuer ("Common Stock"), held by Mr. Weinzierl directly. This Form 4 is filed jointly by John A. Weinzierl and Katla. Mr. Weinzierl is the 100% owner of all of the equity of Katla. Mr. Weinzierl is also the Chairman of U.S. Energy Corp. and is the Trustee of the Trust (defined below). Mr. Weinzierl disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein. Excludes shares of Common Stock relating to the voting group described below under "Remarks". Represents shares of Common Stock held directly by Katla Energy Holdings LLC ("Katla"). The shares held by Katla may be deemed to be beneficially owned by Mr. Weinzierl due to his ownership of 100% of Katla and his position as Managing Member of Katla. Excludes shares of Common Stock relating to the voting group described below under "Remarks". Represents shares of Common Stock held by John Alfred Weinzierl 2020 Trust, u/t/a November 10, 2020 (the "Trust"). The shares held by the Trust may be deemed to be beneficially owned by Mr. Weinzierl due to his position as Trustee of the Trust. Mr. Weinzierl disclaims beneficial ownership other than to the extent of his pecuniary interest therein. Distribution of shares by Katla to Mr. Weinzierl and spouse. Gifts by Mr. Weinzierl and spouse to trusts.
Key Figures
Restructuring shares: 3,636,000 shares
Katla distribution: 1,818,000 shares
Gift to trusts: 909,000 shares
+4 more
7 metrics
Restructuring shares
3,636,000 shares
Total shares in code J restructuring transactions at $1.10 per share
Katla distribution
1,818,000 shares
Distribution from Katla Energy Holdings LLC at $1.10 per share
Gift to trusts
909,000 shares
Shares moved to trust for which spouse serves as trustee
2020 Trust position
4,033,893 shares
Common Stock held indirectly by John Alfred Weinzierl 2020 Trust
Direct holdings
3,832,326 shares
Common Stock held directly by John A. Weinzierl after transactions
Spouse’s trust holdings
909,000 shares
Common Stock held indirectly by trust with spouse as trustee
Transaction price
$1.10 per share
Price per share used for code J transactions
Key Terms
beneficial ownership, pecuniary interest, code J transaction, indirect ownership, +1 more
5 terms
beneficial ownership financial
"The shares held by Katla may be deemed to be beneficially owned by Mr. Weinzierl"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"Mr. Weinzierl disclaims beneficial ownership other than to the extent of his pecuniary interest therein"
code J transaction financial
"transaction_code: "J" and transaction_code_description: "Other acquisition or disposition""
indirect ownership financial
"direct_or_indirect: "I" with nature_of_ownership describing holdings by trusts"
voting group financial
"Excludes shares of Common Stock relating to the voting group described below under "Remarks""
