Williamson Andrew 4

What Happened
Andrew Williamson, CFO of Epsilon Energy Ltd. (EPSN), received a grant of 71,130 shares represented by time-based restricted stock units (RSUs) on January 22, 2026. The RSUs were granted at $0.00 per share (no cash paid at grant); the filing reports the acquisition amount as $0. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-22 (Form 4 filed 2026-01-23 — appears timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 71,130 RSUs. Grant price: $0.00; reported acquisition value: $0.
• Vesting: Shares vest evenly over three years on 12/31/26, 12/31/27, and 12/31/28 (per footnote).
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding sale, or option exercise was disclosed in the provided footnote.

Context
An RSU grant gives the executive the right to receive company shares if vesting conditions are met; RSUs are typically subject to time-based vesting and are not immediately tradable. Because this is a routine compensation award, it should be viewed as part of executive pay rather than a direct market-confidence signal like a purchase.