FAWTHROP ANDREW LAWRENCE 4

What Happened
Andrew Fawthrop, an outside director of VAALCO Energy, Inc. (EGY), was granted 23,173 shares of restricted stock on June 4, 2026. The Form 4 reports the acquisition at $0.00 per share (transaction code A — award/grant), reflecting a restricted stock grant rather than an open‑market purchase.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely — within two business days).
• Transaction type/code: Award/Grant (A). Reported price: $0.00 per share; total reported cash value: $0.
• Shares granted: 23,173 restricted shares.
• Shares owned after transaction: not specified in the filing.
• Vesting/conditions (footnote): All shares vest on the earlier of (i) the first anniversary of the grant date or (ii) the first annual meeting of stockholders following the grant (but not less than 50 weeks after the grant), provided Fawthrop remains an outside director and is not terminated from board service.
• Filing timeliness: Filing date indicates the Form 4 was submitted within the required two business days after the grant.

Context
Restricted stock grants are a common form of director compensation; they are not market purchases or sales and are subject to vesting and service conditions. The $0 reporting here denotes an equity award on the Form 4, not that the shares lack economic value — any fair value or tax implications would be reflected in the company’s compensation disclosures or tax reporting when applicable.