Evolution Petroleum Corp's Chief Operating Officer, John Mark Bunch, 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: John Mark Bunch received 91,120 shares of Common Stock at a price of $0 on September 17, 2026, subject to vesting terms and performance goals.
  • Performance Stock Units: Bunch also received 45,560 Performance Stock Units (PSUs) at a price of $0, 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 PSUs carry an expiration date of June 30, 2029, according to the filing.
  • Post-Transaction Ownership: Following the restricted stock award, Bunch directly holds 270,411 shares of Common Stock, and directly holds 45,560 PSUs following that grant.
  • Equity Plan: Both awards were granted pursuant to Evolution Petroleum's Amended and Restated 2016 Equity Incentive Plan, as stated in the filing.

Evolution Petroleum COO Equity Awards: Restricted Stock and PSU Details

According to the Form 4 filed with the SEC on September 21, 2026, John Mark Bunch, identified as COO of Evolution Petroleum Corp (NYSE:EPM), was the recipient of two equity awards dated September 17, 2026. The filing reports both transactions with a transaction code of "A," indicating acquisition, and both were acquired at a price of $0.

The first award, reported in Table I, consists of 91,120 shares of Common Stock granted as restricted stock under the company's Amended and Restated 2016 Equity Incentive Plan. The filing notes the award is "subject to vesting terms and performance goals." Following this transaction, Bunch's direct beneficial ownership of Common Stock stands at 270,411 shares, as reported in the filing.

The second award, reported in Table II, consists of 45,560 PSUs granted under the same equity plan. The filing states that "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," and 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 Bunch's direct beneficial ownership of PSUs following the transaction is 45,560. Both awards are held directly by the reporting person.

What Was Disclosed

The filing discloses two equity awards granted to Evolution Petroleum's COO, John Mark Bunch, on September 17, 2026: 91,120 restricted shares of Common Stock and 45,560 PSUs, both at $0 cost, under the company's Amended and Restated 2016 Equity Incentive Plan.