Empire Petroleum (EP) Chief Accounting Officer Matthew Watson Sells 5,000 Shares

What Happened

• Matthew E. Watson, Chief Accounting Officer of Empire Petroleum Corp. (EP), sold a total of 5,000 shares in two open‑market/ private sale transactions. On 2026-09-04 he disposed of 1,712 shares at a weighted average price of $3.12 for proceeds of $5,341; on 2026-09-08 he disposed of 3,288 shares at a weighted average price of $3.13 for proceeds of $10,304. These were sales (disposals), which are generally routine insider transactions rather than direct signals of company performance.

Key Details

• Transaction dates and prices:
  • 2026-09-04: 1,712 shares sold, weighted avg $3.12 (proceeds $5,341)
  • 2026-09-08: 3,288 shares sold, weighted avg $3.13 (proceeds $10,304)
• Total sold: 5,000 shares for approximately $15,645.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnote: The 9/04 sale price is a weighted average reflecting multiple trades at prices ranging from $3.075 to $3.18. The reporting person will provide a breakdown of shares sold at each price upon request (per footnote F1).
• Filing timeliness: The Form 4 was filed on 2026-09-09. The 2026-09-08 sale appears to have been reported timely; the 2026-09-04 sale was included in the 9/09 filing and appears to have been reported late relative to the usual two-business-day Form 4 deadline.

Context

• These transactions are outright sales (code S) of previously held shares. Sales can reflect many reasons (liquidity needs, diversification, tax planning, etc.); they do not by themselves prove a change in insider sentiment about the company. If you want the exact per‑trade breakdown within the reported price range, the footnote indicates the filer can provide that detail to Empire Petroleum, any shareholder, or the SEC on request.