Maddox Nicola L 4
Research Summary
AI-generated summary
Epsilon Energy (EPSN) Director Nicola L. Maddox Sells 4,170 Shares
What Happened
- Nicola L. Maddox, a director of Epsilon Energy Ltd. (EPSN), disposed of 4,170 shares on 2026-03-27 at $6.16 per share, for a total of $25,687. The filing indicates the sale was to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs), not an ordinary open-market investment sale.
Key Details
- Transaction date and price: 2026-03-27 — 4,170 shares at $6.16 each.
- Total proceeds: $25,687.
- Transaction code: F (payment of exercise price or tax liability).
- Footnote: F1 — sale to cover tax withholding obligation from RSU vesting.
- Shares owned after transaction: Not specified in the provided filing.
- Filing: Form 4 filed 2026-03-30 (Accession No. 0001104659-26-036624).
Context
- This was a "sell to cover" transaction tied to RSU vesting — a routine tax-withholding sale rather than a discretionary sale that typically signals a change in view. Such transactions are common when restricted shares vest and the company or insider sells a portion to cover required taxes.