[Form 4] RENN Fund Inc. Insider Trading Activity
Epsilon Energy Ltd. (EPSN) 鈥� Form 4 insider filing
Chief Executive Officer and Director Jason Stabell reported the automatic issuance of restricted stock that vested on 1 July 2025. Two separate grants became unrestricted:
- 6,098 common shares from a 1 July 2022 award (footnote 1)
- 18,727 common shares from a 1 July 2023 award (footnote 2)
The transactions are coded 鈥淎鈥� (acquisition) and were executed at $0, reflecting share issuance rather than market purchases.
Following these events, Stabell鈥檚 direct holdings increased to 271,671 common shares. He also reports 470,339 shares held indirectly through an LLC, bringing his total disclosed beneficial ownership to roughly 742,010 shares.
No derivative securities were involved, and there were no dispositions. Because the shares stem from previously approved compensation plans, the filing signals continued equity alignment but does not reflect an incremental cash investment by the insider.
Epsilon Energy Ltd. (EPSN) 鈥� Comunicazione interna Form 4
Il Amministratore Delegato e Direttore Jason Stabell ha segnalato l'emissione automatica di azioni vincolate che sono diventate libere il 1掳 luglio 2025. Due assegnazioni separate sono diventate non vincolate:
- 6.098 azioni ordinarie da un premio del 1掳 luglio 2022 (nota 1)
- 18.727 azioni ordinarie da un premio del 1掳 luglio 2023 (nota 2)
Le operazioni sono codificate come 鈥淎鈥� (acquisizione) e sono state eseguite a 0 $, indicando un鈥檈missione di azioni e non acquisti sul mercato.
Dopo questi eventi, la detenzione diretta di Stabell 猫 aumentata a 271.671 azioni ordinarie. Riporta inoltre 470.339 azioni detenute indirettamente tramite una LLC, portando la sua propriet脿 beneficiaria totale dichiarata a circa 742.010 azioni.
Non sono stati coinvolti strumenti derivati e non ci sono state cessioni. Poich茅 le azioni derivano da piani di compensazione gi脿 approvati, la comunicazione indica un continuo allineamento azionario ma non riflette un investimento di liquidit脿 aggiuntivo da parte dell鈥檌nsider.
Epsilon Energy Ltd. (EPSN) 鈥� Presentaci贸n interna Formulario 4
El Director Ejecutivo y Director Jason Stabell inform贸 sobre la emisi贸n autom谩tica de acciones restringidas que se liberaron el 1 de julio de 2025. Dos concesiones separadas se volvieron libres:
- 6,098 acciones comunes de una adjudicaci贸n del 1 de julio de 2022 (nota 1)
- 18,727 acciones comunes de una adjudicaci贸n del 1 de julio de 2023 (nota 2)
Las transacciones est谩n codificadas como 鈥淎鈥� (adquisici贸n) y se ejecutaron a $0, reflejando emisi贸n de acciones en lugar de compras en el mercado.
Tras estos eventos, las participaciones directas de Stabell aumentaron a 271,671 acciones comunes. Tambi茅n informa 470,339 acciones mantenidas indirectamente a trav茅s de una LLC, sumando una propiedad beneficiaria total declarada de aproximadamente 742,010 acciones.
No se involucraron valores derivados y no hubo disposiciones. Dado que las acciones provienen de planes de compensaci贸n previamente aprobados, la presentaci贸n indica una continua alineaci贸n accionaria pero no refleja una inversi贸n adicional en efectivo por parte del insider.
Epsilon Energy Ltd. (EPSN) 鈥� Form 4 雮措秬鞛� 鞁犼碃
斓滉碃瓴届榿鞛�(CEO) 瓴� 鞚挫偓鞚� Jason Stabell鞚� 2025雲� 7鞗� 1鞚检棎 甓岆Μ臧� 頇曥爼霅� 鞝滍暅 欤检嫕鞚� 鞛愲彊 氚滍枆鞚� 氤搓碃頄堨姷雼堧嫟. 霊� 瓯挫潣 氤勲弰 攵�鞐皜 鞛愳湢搿矊 鞝勴櫂霅橃棃鞀惦媹雼�:
- 2022雲� 7鞗� 1鞚� 攵�鞐悳 6,098 氤错喌欤� (欤检劃 1)
- 2023雲� 7鞗� 1鞚� 攵�鞐悳 18,727 氤错喌欤� (欤检劃 2)
瓯半灅電� 鈥淎鈥�(旆摑)搿� 攵勲霅橃棃鞙茧┌, 0雼煬鞐� 鞁ろ枆霅橃柎 鞁滌灔 毵れ垬臧� 鞎勲媽 欤检嫕 氚滍枆鞛勳潉 雮橅儉雰呺媹雼�.
鞚错泟 Stabell鞚� 歆侅爲 氤挫湢 欤检嫕鞚� 271,671 氤错喌欤�搿� 歃濌皜頄堨姷雼堧嫟. 霕愴暅 LLC毳� 韱淀暣 臧勳爲鞝侅溂搿� 氤挫湢頃� 470,339 欤检嫕霃� 氤搓碃頃橃棳 齑� 瓿店皽霅� 鞁れ 靻岇湢 欤检嫕鞚� 鞎� 742,010 欤�鞐� 鞚措雼堧嫟.
韺岇儩 歃濌秾鞚� 韽暔霅橃 鞎婌晿鞙茧┌, 觳橂秳霃� 鞐嗢棃鞀惦媹雼�. 欤检嫕鞚� 鞚挫爠鞐� 鞀轨澑霅� 氤挫儊 瓿勴殟鞐愳劀 雮橃槰 瓴冹澊氙�搿�, 鞚措矆 鞁犼碃電� 歆�靻嶌爜鞚� 歆�攵� 鞝曤牞鞚� 鞚橂頃橃毵� 雮措秬鞛愳潣 於旉皜 順勱笀 韴瀽電� 鞎勲嫏雼堧嫟.
Epsilon Energy Ltd. (EPSN) 鈥� D茅claration interne Formulaire 4
Le Directeur G茅n茅ral et Administrateur Jason Stabell a d茅clar茅 l'茅mission automatique d'actions restreintes devenues libres le 1er juillet 2025. Deux attributions distinctes sont devenues libres :
- 6 098 actions ordinaires d'une attribution du 1er juillet 2022 (note 1)
- 18 727 actions ordinaires d'une attribution du 1er juillet 2023 (note 2)
Les transactions sont cod茅es 芦 A 禄 (acquisition) et ont 茅t茅 ex茅cut茅es 脿 0 $, refl茅tant une 茅mission d'actions plut么t qu'un achat sur le march茅.
Suite 脿 ces 茅v茅nements, les avoirs directs de Stabell ont augment茅 脿 271 671 actions ordinaires. Il d茅clare 茅galement 470 339 actions d茅tenues indirectement via une LLC, portant sa propri茅t茅 b茅n茅ficiaire totale divulgu茅e 脿 environ 742 010 actions.
Aucun instrument d茅riv茅 n'a 茅t茅 impliqu茅 et il n'y a eu aucune cession. Comme les actions proviennent de plans de r茅mun茅ration pr茅alablement approuv茅s, la d茅claration indique un alignement continu avec les actionnaires mais ne refl猫te pas un investissement en esp猫ces suppl茅mentaire de la part de l'initi茅.
Epsilon Energy Ltd. (EPSN) 鈥� Form 4 Insider-Meldung
Gesch盲ftsf眉hrer und Direktor Jason Stabell meldete die automatische Ausgabe von beschr盲nkten Aktien, die am 1. Juli 2025 freigegeben wurden. Zwei separate Zuteilungen wurden uneingeschr盲nkt:
- 6.098 Stammaktien aus einer Zuteilung vom 1. Juli 2022 (Fu脽note 1)
- 18.727 Stammaktien aus einer Zuteilung vom 1. Juli 2023 (Fu脽note 2)
Die Transaktionen sind mit 鈥濧鈥� (Erwerb) codiert und wurden zu 0 $ ausgef眉hrt, was eine Aktienausgabe und keinen Marktkauf widerspiegelt.
Nach diesen Ereignissen stieg Stabells Direktbestand auf 271.671 Stammaktien. Er meldet au脽erdem 470.339 Aktien, die indirekt 眉ber eine LLC gehalten werden, womit sein insgesamt offengelegtes wirtschaftliches Eigentum etwa 742.010 Aktien 产别迟谤盲驳迟.
Es waren keine Derivate beteiligt und es gab keine Ver盲u脽erungen. Da die Aktien aus zuvor genehmigten Verg眉tungspl盲nen stammen, signalisiert die Meldung eine fortgesetzte Aktienausrichtung, spiegelt jedoch keine zus盲tzliche Barinvestition des Insiders wider.
- Increase in CEO direct ownership from 246,846 to 271,671 shares, reinforcing equity alignment with shareholders.
- Shares were issued at $0; absence of open-market purchases limits the strength of any bullish signal.
Insights
TL;DR 鈥� CEO received 24,825 vested shares; no cash purchase, neutral signal.
The Form 4 shows routine vesting of two restricted-stock grants totalling 24,825 shares. The acquisitions are non-market, zero-cost issuances and therefore do not convey the typical conviction of an open-market purchase. Direct ownership rises 10 %, while total beneficial ownership now exceeds 0.7 million shares. From a trading-signal perspective, the event is neutral: it neither adds selling pressure nor represents a paid-up vote of confidence. Liquidity impact on EPSN鈥檚 float is negligible.
TL;DR 鈥� Filing confirms equity-based pay alignment; governance unchanged.
The vesting demonstrates that EPSN鈥檚 long-term incentive plan is functioning as designed, transferring stock to executives after the three-year cliff periods. Stabell鈥檚 enlarged stake may strengthen shareholder-management alignment, yet no new compensation decision was taken鈥攖his merely executes pre-existing awards. There are no indications of accelerated vesting, option repricing, or other governance concerns. Overall governance impact is not material.
Epsilon Energy Ltd. (EPSN) 鈥� Comunicazione interna Form 4
Il Amministratore Delegato e Direttore Jason Stabell ha segnalato l'emissione automatica di azioni vincolate che sono diventate libere il 1掳 luglio 2025. Due assegnazioni separate sono diventate non vincolate:
- 6.098 azioni ordinarie da un premio del 1掳 luglio 2022 (nota 1)
- 18.727 azioni ordinarie da un premio del 1掳 luglio 2023 (nota 2)
Le operazioni sono codificate come 鈥淎鈥� (acquisizione) e sono state eseguite a 0 $, indicando un鈥檈missione di azioni e non acquisti sul mercato.
Dopo questi eventi, la detenzione diretta di Stabell 猫 aumentata a 271.671 azioni ordinarie. Riporta inoltre 470.339 azioni detenute indirettamente tramite una LLC, portando la sua propriet脿 beneficiaria totale dichiarata a circa 742.010 azioni.
Non sono stati coinvolti strumenti derivati e non ci sono state cessioni. Poich茅 le azioni derivano da piani di compensazione gi脿 approvati, la comunicazione indica un continuo allineamento azionario ma non riflette un investimento di liquidit脿 aggiuntivo da parte dell鈥檌nsider.
Epsilon Energy Ltd. (EPSN) 鈥� Presentaci贸n interna Formulario 4
El Director Ejecutivo y Director Jason Stabell inform贸 sobre la emisi贸n autom谩tica de acciones restringidas que se liberaron el 1 de julio de 2025. Dos concesiones separadas se volvieron libres:
- 6,098 acciones comunes de una adjudicaci贸n del 1 de julio de 2022 (nota 1)
- 18,727 acciones comunes de una adjudicaci贸n del 1 de julio de 2023 (nota 2)
Las transacciones est谩n codificadas como 鈥淎鈥� (adquisici贸n) y se ejecutaron a $0, reflejando emisi贸n de acciones en lugar de compras en el mercado.
Tras estos eventos, las participaciones directas de Stabell aumentaron a 271,671 acciones comunes. Tambi茅n informa 470,339 acciones mantenidas indirectamente a trav茅s de una LLC, sumando una propiedad beneficiaria total declarada de aproximadamente 742,010 acciones.
No se involucraron valores derivados y no hubo disposiciones. Dado que las acciones provienen de planes de compensaci贸n previamente aprobados, la presentaci贸n indica una continua alineaci贸n accionaria pero no refleja una inversi贸n adicional en efectivo por parte del insider.
Epsilon Energy Ltd. (EPSN) 鈥� Form 4 雮措秬鞛� 鞁犼碃
斓滉碃瓴届榿鞛�(CEO) 瓴� 鞚挫偓鞚� Jason Stabell鞚� 2025雲� 7鞗� 1鞚检棎 甓岆Μ臧� 頇曥爼霅� 鞝滍暅 欤检嫕鞚� 鞛愲彊 氚滍枆鞚� 氤搓碃頄堨姷雼堧嫟. 霊� 瓯挫潣 氤勲弰 攵�鞐皜 鞛愳湢搿矊 鞝勴櫂霅橃棃鞀惦媹雼�:
- 2022雲� 7鞗� 1鞚� 攵�鞐悳 6,098 氤错喌欤� (欤检劃 1)
- 2023雲� 7鞗� 1鞚� 攵�鞐悳 18,727 氤错喌欤� (欤检劃 2)
瓯半灅電� 鈥淎鈥�(旆摑)搿� 攵勲霅橃棃鞙茧┌, 0雼煬鞐� 鞁ろ枆霅橃柎 鞁滌灔 毵れ垬臧� 鞎勲媽 欤检嫕 氚滍枆鞛勳潉 雮橅儉雰呺媹雼�.
鞚错泟 Stabell鞚� 歆侅爲 氤挫湢 欤检嫕鞚� 271,671 氤错喌欤�搿� 歃濌皜頄堨姷雼堧嫟. 霕愴暅 LLC毳� 韱淀暣 臧勳爲鞝侅溂搿� 氤挫湢頃� 470,339 欤检嫕霃� 氤搓碃頃橃棳 齑� 瓿店皽霅� 鞁れ 靻岇湢 欤检嫕鞚� 鞎� 742,010 欤�鞐� 鞚措雼堧嫟.
韺岇儩 歃濌秾鞚� 韽暔霅橃 鞎婌晿鞙茧┌, 觳橂秳霃� 鞐嗢棃鞀惦媹雼�. 欤检嫕鞚� 鞚挫爠鞐� 鞀轨澑霅� 氤挫儊 瓿勴殟鞐愳劀 雮橃槰 瓴冹澊氙�搿�, 鞚措矆 鞁犼碃電� 歆�靻嶌爜鞚� 歆�攵� 鞝曤牞鞚� 鞚橂頃橃毵� 雮措秬鞛愳潣 於旉皜 順勱笀 韴瀽電� 鞎勲嫏雼堧嫟.
Epsilon Energy Ltd. (EPSN) 鈥� D茅claration interne Formulaire 4
Le Directeur G茅n茅ral et Administrateur Jason Stabell a d茅clar茅 l'茅mission automatique d'actions restreintes devenues libres le 1er juillet 2025. Deux attributions distinctes sont devenues libres :
- 6 098 actions ordinaires d'une attribution du 1er juillet 2022 (note 1)
- 18 727 actions ordinaires d'une attribution du 1er juillet 2023 (note 2)
Les transactions sont cod茅es 芦 A 禄 (acquisition) et ont 茅t茅 ex茅cut茅es 脿 0 $, refl茅tant une 茅mission d'actions plut么t qu'un achat sur le march茅.
Suite 脿 ces 茅v茅nements, les avoirs directs de Stabell ont augment茅 脿 271 671 actions ordinaires. Il d茅clare 茅galement 470 339 actions d茅tenues indirectement via une LLC, portant sa propri茅t茅 b茅n茅ficiaire totale divulgu茅e 脿 environ 742 010 actions.
Aucun instrument d茅riv茅 n'a 茅t茅 impliqu茅 et il n'y a eu aucune cession. Comme les actions proviennent de plans de r茅mun茅ration pr茅alablement approuv茅s, la d茅claration indique un alignement continu avec les actionnaires mais ne refl猫te pas un investissement en esp猫ces suppl茅mentaire de la part de l'initi茅.
Epsilon Energy Ltd. (EPSN) 鈥� Form 4 Insider-Meldung
Gesch盲ftsf眉hrer und Direktor Jason Stabell meldete die automatische Ausgabe von beschr盲nkten Aktien, die am 1. Juli 2025 freigegeben wurden. Zwei separate Zuteilungen wurden uneingeschr盲nkt:
- 6.098 Stammaktien aus einer Zuteilung vom 1. Juli 2022 (Fu脽note 1)
- 18.727 Stammaktien aus einer Zuteilung vom 1. Juli 2023 (Fu脽note 2)
Die Transaktionen sind mit 鈥濧鈥� (Erwerb) codiert und wurden zu 0 $ ausgef眉hrt, was eine Aktienausgabe und keinen Marktkauf widerspiegelt.
Nach diesen Ereignissen stieg Stabells Direktbestand auf 271.671 Stammaktien. Er meldet au脽erdem 470.339 Aktien, die indirekt 眉ber eine LLC gehalten werden, womit sein insgesamt offengelegtes wirtschaftliches Eigentum etwa 742.010 Aktien 产别迟谤盲驳迟.
Es waren keine Derivate beteiligt und es gab keine Ver盲u脽erungen. Da die Aktien aus zuvor genehmigten Verg眉tungspl盲nen stammen, signalisiert die Meldung eine fortgesetzte Aktienausrichtung, spiegelt jedoch keine zus盲tzliche Barinvestition des Insiders wider.
FAQ
How many EPSN shares did CEO Jason Stabell acquire on 1 July 2025?
What is Jason Stabell's total beneficial ownership after the transaction?
Were the shares purchased on the open market?
Did the Form 4 report any share sales by the CEO?
Are any derivative securities (options or warrants) involved?
