Evolution Petroleum (EPM) CAO Kelly Beatty Surrenders 2,897 Shares

What Happened Kelly Beatty, Chief Accounting Officer of Evolution Petroleum Corp. (EPM), had 2,897 shares surrendered to the company on 2026-09-01 to satisfy income tax withholding obligations tied to the vesting of restricted stock. The reported per-share value was $3.69, for a total value of $10,690. This was a tax-withholding settlement (not an open-market sale).

Key Details

• Transaction date: 2026-09-01; reported on Form 4 filed 2026-09-03 (timely).
• Shares surrendered: 2,897 at $3.69 per share; total reported value $10,690.
• Transaction code: F — payment of exercise price or tax liability (here, tax withholding).
• Footnote: F1 — shares surrendered to satisfy income tax withholding upon vesting of restricted stock grant.
• Shares owned after the transaction: not disclosed in the provided summary.

Context This type of transaction is a routine cashless withholding to cover taxes when restricted stock vests and does not represent an open-market sale or a directional bet on the company. Such withholding transactions are common and generally carry less informational weight for assessing insider sentiment than outright purchases or voluntary market sales.