Evolution Petroleum Corp President and CEO Kelly William Loyd filed a Form 4 on November 3, 2026, disclosing a disposition of 9,658 shares of common stock on October 30, 2026 to satisfy tax withholding obligations upon the vesting of a restricted stock grant.

Key Highlights

  • Reporting person: Kelly William Loyd, President and CEO and Director of Evolution Petroleum Corp
  • Transaction date: October 30, 2026
  • Shares disposed: 9,658 shares of common stock surrendered to the company (transaction code F)
  • Price per share: $3.8575
  • Purpose: Shares surrendered to satisfy income tax withholding obligations upon vesting of a restricted stock grant
  • Beneficial ownership following transaction: 575,619 shares held directly

Evolution Petroleum CEO Loyd Surrenders Shares on Restricted Stock Vesting

According to the Form 4 filed with the SEC on November 3, 2026, Kelly William Loyd, who serves as President, CEO, and Director of Evolution Petroleum Corp (NYSE:EPM), reported a single transaction in Table I involving common stock. On October 30, 2026, Loyd disposed of 9,658 shares under transaction code F at a price of $3.8575 per share.

The filing's footnote explains that the shares were not sold on the open market. Rather, the filing states the transaction "represents shares surrendered to the Company to satisfy income tax withholding obligations upon the vesting of restricted stock grant." This type of transaction, coded F, reflects a withholding by the issuer rather than a discretionary sale by the reporting person.

Following the reported transaction, Loyd beneficially owned 575,619 shares of Evolution Petroleum common stock directly, according to the filing. No derivative securities were reported in Table II. The filing was made by one reporting person and was not indicated as an amendment to a prior filing. The form was signed by Kelly W. Loyd and dated November 3, 2026.

What Was Disclosed

Evolution Petroleum's President and CEO Kelly William Loyd disclosed the surrender of 9,658 common shares at $3.8575 on October 30, 2026 to cover tax withholding on a restricted stock vesting, leaving him with 575,619 directly held shares.