COVINGTON KEITH 4
4 · HighPeak Energy, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
HighPeak Energy (HPK) Director Keith Covington Receives Award
What Happened
Keith Covington, a director of HighPeak Energy, was granted 18,940 shares of restricted stock on 2026-06-02. The grant was reported at $0.00 cash paid (an award, not a market purchase or sale). Because this is an equity award for service, it is compensation rather than a buy or sell trade.
Key Details
- Transaction date: 2026-06-02 — 18,940 shares granted at $0.00 per share (award).
- Filing date / report period: 2026-06-02 (filing appears timely for the reported transaction).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: The shares are restricted and vest only upon the Reporting Person’s continuous service on the board until the earlier of (i) a change of control or (ii) the Company’s next annual meeting.
- Transaction code: A = award/grant.
Context
Restricted stock awards are common board compensation and vest over time or upon certain events; they do not represent an immediate market purchase or sale and thus are not a direct signal of short-term insider buying or selling. This filing documents grant-based compensation for a director, with vesting tied to continued board service or a change of control.
Insider Transaction Report
- Award
Common Stock, par value $0.0001 per share
[F1]2026-06-02+18,940→ 83,711 total
Footnotes (1)
- [F1]Award represents shares of restricted stock that vest subject to the Reporting Person's continuous service on the board of directors of HighPeak Energy, Inc. (the "Company") on the earlier of (i) a change of control or (ii) the date of the Company's next annual meeting.