Zajac Mark L. 4
Research Summary
AI-generated summary
US ENERGY CORP (USEG) CFO Mark Zajac Sells 21,853 Shares for Tax Withholding
What Happened
- Mark L. Zajac, Chief Financial Officer of US ENERGY CORP (USEG), disposed of 21,853 shares on 2026-03-19 at $1.02 per share, totaling approximately $22,290.
- The transaction is reported as code F (tax withholding), meaning shares were surrendered/withheld to satisfy a tax liability tied to exempt stock gains — not an open-market sale driven by investment sentiment.
Key Details
- Transaction date: 2026-03-19; Report filed: 2026-03-20 (timely).
- Price per share: $1.02; Total value reported: $22,290.
- Shares owned after the transaction: not specified in the filing.
- Footnote: F1 — represents payment of tax withholding from exempt stock gains (share withholding to cover taxes).
- Transaction code: F = tax withholding (disposition to satisfy tax obligations).
Context
- This is a routine tax-withholding disposition related to compensation or prior award/exercise gains; it should not be interpreted as a directional trade signal by the insider.
- For retail investors, purchases are generally more informative than tax-withholding disposals; this filing documents an administrative tax payment rather than a market-driven sale.