Martin Charles E 4

What Happened

• Martin Charles E, Vice President and Controller of Battalion Oil Corp (BATL), received an award of 68,154 restricted stock units (RSUs) on July 15, 2026. The Form 4 shows the acquisition as an award (code A) with a reported price of $0.00 (no cash paid at grant). This is a compensation grant (derivative award), not an open‑market purchase.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (timely filing).
• Amount: 68,154 RSUs reported as acquired at $0.00 (derivative award).
• Vesting: RSUs vest in four equal annual installments beginning July 15, 2027 (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Each RSU represents a contingent right to receive one share of common stock upon vesting.
• No indication of a 10b5-1 plan, tax withholding, or late filing in the report.

Context

• RSUs are a form of equity compensation that convert into actual shares only as they vest; the grant itself does not represent immediate share ownership or a cash purchase/sale. Such awards are common executive compensation and do not by themselves indicate a buy/sell signal.