Kelly Beatty, Chief Accounting Officer of Evolution Petroleum Corp, filed a Form 4 on September 21, 2026, disclosing equity awards granted on September 17, 2026, under the company's Amended and Restated 2016 Equity Incentive Plan.

Key Highlights

  • Restricted Stock Award: Beatty acquired 34,357 shares of common stock at $0 per share on September 17, 2026, subject to vesting terms and performance goals.
  • Performance Stock Units Granted: 17,179 PSUs were awarded, each representing a contingent right to receive one share of common stock upon attainment of performance goals and other vesting criteria.
  • PSU Expiration Date: The performance stock units carry an expiration date of June 30, 2029.
  • Post-Transaction Ownership: Following the reported transactions, Beatty directly holds 103,199 shares of common stock and 17,179 PSUs beneficially owned directly.
  • Plan Source: Both awards were granted pursuant to the company's Amended and Restated 2016 Equity Incentive Plan.
  • Issuer: Evolution Petroleum Corp, listed as NYSE:EPM.

Equity Awards to Evolution Petroleum's Chief Accounting Officer

According to the filing, Kelly Beatty, serving as Chief Accounting Officer of Evolution Petroleum Corp (NYSE:EPM), received two separate equity awards on September 17, 2026. The first was an award of 34,357 shares of restricted common stock acquired at a price of $0, coded as an acquisition (Code A) in Table I of the Form 4. The filing notes these shares are "subject to vesting terms and performance goals" under the company's Amended and Restated 2016 Equity Incentive Plan. Following this award, Beatty's direct beneficial ownership of common stock stood at 103,199 shares.

The second award, reported in Table II, consisted of 17,179 performance stock units (PSUs), also granted at a price of $0. According to the filing, "each PSU represents a contingent right to receive one share of Issuer's common stock, subject to the attainment of performance goals and other vesting criteria." The filing further states that "common shares of stock will not be issued until the performance goals and other vesting criteria have been achieved." The PSUs carry an expiration date of June 30, 2029, and Beatty directly holds 17,179 PSUs following the transaction.

Both awards were granted under the same equity incentive plan. The Form 4 was signed by Kelly Beatty and dated September 21, 2026. No derivative securities were disposed of in connection with this filing, and all ownership reported is direct.

What Was Disclosed

The filing disclosed two equity awards to Evolution Petroleum's Chief Accounting Officer: 34,357 restricted shares and 17,179 PSUs, both granted September 17, 2026, at $0 cost, under the company's Amended and Restated 2016 Equity Incentive Plan, with PSUs expiring June 30, 2029.