OLDHAM LARRY 4

What Happened
Larry Oldham, a director of HighPeak Energy, was granted 18,940 shares of restricted stock on June 2, 2026. The shares were issued at $0.00 (no cash paid). This is an award/grant (code A) rather than an open-market purchase or sale, and does not reflect an immediate cash commitment or sale.

Key Details

• Transaction date: 2026-06-02; filing date/period reported: 2026-06-02 (filed same day).
• Shares granted: 18,940; acquisition price reported: $0.00 (award).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote F1: These are restricted stock that vest only if Oldham continues service on the board until the earlier of (i) a change of control or (ii) the date of the company’s next annual meeting.
• Footnote F2: Some shares are held by the reporting person’s family limited partnership.
• Filing timeliness: filing and report date match; no late filing indicated.

Context
Restricted stock awards to directors are common compensation and are typically intended to retain board members; they do not indicate an immediate buy or sell decision in the market. Because vesting is tied to continued board service or corporate events, these shares may not be transferable or sellable until vesting conditions are met.