Marchive Benjamin J. II 4
4 · EMPIRE PETROLEUM CORP · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Empire Petroleum (EP) Director Benjamin Marchive Receives 10,000-Share Award
What Happened
Benjamin J. Marchive II, a director of Empire Petroleum Corp (EP), was granted 10,000 shares on 2026-06-16. The Form 4 reports the transaction as an award/grant (transaction code A) with an acquisition price of $0, so the reported dollar value of the grant is $0. This is an acquisition via award rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (accession 0001072613-26-000522).
- Type: Award/Grant (code A). Shares acquired: 10,000 at $0.00 (reported value $0).
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes or special plans: none disclosed in the filing (no 10b5-1, tax withholding, or cashless-sale notes provided).
- Filing timeliness: filed two days after the transaction date; the filing does not indicate a late-report designation.
Context
An "A" code award typically reflects a stock grant or restricted stock issued as compensation rather than an outright market purchase or sale. Such awards are common for executives and directors and do not necessarily indicate buying/selling sentiment. The filing does not specify vesting or restriction terms, so details about when the shares become transferable (if at all) are not available here.
Insider Transaction Report
- Award
Common Stock
2026-06-16+10,000→ 73,000 total