Sage Road Capital, LLC 4
4 · US ENERGY CORP · Filed Mar 4, 2026
Insider Transaction Report
Form 4
US ENERGY CORPUSEG
Batchelor Joshua Lane
10% OwnerOther
Transactions
- Sale
Common Stock
[F2][F1][F3]2026-03-02$1.25/sh−10,400$13,011→ 84,663 total - Sale
Common Stock
[F2][F1][F4]2026-03-02$1.25/sh−357,500$447,268→ 2,900,642 total - Sale
Common Stock
[F2][F1][F5]2026-03-02$1.25/sh−26,930$33,692→ 218,445 total - Sale
Common Stock
[F2][F1][F6]2026-03-02$1.25/sh−40,000$50,044→ 322,543 total - Sale
Common Stock
[F2][F1][F3]2026-03-03$1.37/sh−6,364$8,714→ 78,299 total - Sale
Common Stock
[F2][F1][F4]2026-03-03$1.37/sh−218,000$298,486→ 2,682,642 total - Sale
Common Stock
[F2][F1][F5]2026-03-03$1.37/sh−16,441$22,511→ 202,004 total - Sale
Common Stock
[F2][F1][F6]2026-03-03$1.37/sh−24,365$33,361→ 298,178 total
Footnotes (6)
- [F1]Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (4), (5) and (6).
- [F2]The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to US Energy Corp (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F3]Represents shares of shares of common stock, $0.01 par value per share of the Issuer (the "Common Stock"), held by SRC Management Company, LP ("SRC"). The shares held by SRC may be deemed to be beneficially owned by Sage Road Capital, LLC ("Sage Road"), which indirectly controls SRC, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.
- [F4]Represents shares of the Common Stock held by Banner Oil & Gas, LLC ("Banner"). The shares held by Banner may be deemed to be beneficially owned by Sage Road, which indirectly controls Banner and manages certain funds which own a majority interest of Banner, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.
- [F5]Represents shares of the Common Stock held by Woodford Petroleum, LLC ("Woodford"). The shares held by Woodford may be deemed to be beneficially owned by Sage Road, which indirectly controls Woodford and manages certain funds which own a majority interest of Woodford, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.
- [F6]Represents shares of the Common Stock held by Sage Road Energy II, LP ("Sage Road Energy"). The shares held by Sage Road Energy may be deemed to be beneficially owned by Sage Road, which indirectly controls Sage Road Energy and manages certain funds which own a majority interest of Sage Road Energy, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.