Empire Petroleum EP Insider Ownership

NYSE EP

$3.37 +0.03 (+0.75%)

As of: Oct 21, 2026 · 2:14 PM EDT

Insider Holdings by Owner

15.08Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

60.48%

▼-2.19% pp QoQ

Shares Held by Insiders

25.13Mn

filed for Sep 2026

▼-3.50% QoQ

Shares Outstanding

41.56Mn

41,556,741 shares

Direct Holdings

22.60Mn

Indirect: 2.53Mn

Net Shares Traded (QoQ)

-912.03K

net selling in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 16, 2026

Over the trailing 12 months, EP insiders bought $951,800 worth of shares (274.4K shares) and sold $720,952 worth (192.08K shares) in open-market trades.

Behind Empire Petroleum's open-market trades in the past 12 months were 3 insiders buying and 2 insiders selling.
Among Empire Petroleum's insiders, Phil E. Mulacek (Director and 10% owner) was the largest open-market buyer over the past 12 months, purchasing $912,034 of stock (258.85K shares), most recently on October 8, 2026.
On the selling side, Michael R. Morrisett (President & CEO) was the top open-market seller of Empire Petroleum over the past 12 months, with $705,307 sold (187.08K shares) and the latest sale on November 5, 2025.
Away from the open market, EP insiders received 19K shares in stock awards and acquired 5.71Mn shares through option exercises and conversions over the last 12 months.
Business Quant data puts insider holdings in EP at 25.16Mn shares across insiders' latest Form 4 filings, down 3.41% from 26.05Mn shares at the end of Q2 2026 and up 29.43% from 19.44Mn shares at the end of Q3 2025.
By type of ownership, EP insiders hold 89.85% of their shares directly (22.6Mn shares) and 10.15% indirectly (2.55Mn shares).
The insider holdings in Empire Petroleum belong to 8 insiders who have reported on Form 4 within the past two years.
Empire Petroleum's three biggest insider holders are Energy Evolution Master Fund, Ltd. (10% owner, 12.21Mn shares), Phil E. Mulacek (Director and 10% owner, 11.58Mn shares) and Mason H. Matschke (Director, 825.21K shares), based on their latest Form 4 filings.
Energy Evolution Master Fund, Ltd. holds 48.53% of the combined insider position in Empire Petroleum.
Institutions accounted for 5.47% of EP's outstanding shares in Q2 2026, insiders about 60.54% per their latest Form 4 filings, and other investors, including the public, about 33.99%.
In the last 12 months, 27 Form 4 filings with transactions in EP stock came from 8 insiders.
This summary of Empire Petroleum insider activity covers Form 4 filings through October 13, 2026.

Form 4 Holdings

Insiders Holding EP

Insiders 13

Shares held 15.08Mn

Of outstanding 36.29%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Evolution Master Fund, Ltd. Energy	TenPercentOwner	12,209,953	0	12,209,953	81.0%	07 Jul, 2026
2	Phil E Mulacek	Director, TenPercentOwner	0	1,060,835	1,060,835	7.0%	19 Oct, 2026
3	Thomas W. Pritchard	Chief Executive Officer	633,440	0	633,440	4.2%	06 Jan, 2023
4	Mason H. Matschke	Director	442,302	0	442,302	2.9%	15 Sep, 2026
5	Michael R. Morrisett	President Ceo	362,697	0	362,697	2.4%	07 Jul, 2026
6	Tony Kamin	Director	125,263	0	125,263	0.8%	02 Mar, 2022
7	Benjamin J. Ii Marchive	Director	73,000	0	73,000	0.5%	18 Jun, 2026
8	Andrew Lloyd Lewis	Director	53,220	0	53,220	0.4%	18 Jun, 2026
9	J Kevin Vann	Vp, Finance/Strategic Planning	38,115	0	38,115	0.3%	18 Jun, 2026
10	Eugene J Sweeney	Chief Operating Officer	36,000	0	36,000	0.2%	05 Jul, 2022
11	Stephen L Jr Faulkner	Chief Financial Officer	30,411	0	30,411	0.2%	08 Jun, 2023
12	Matthew E. Watson	Chief Accounting Officer	14,000	0	14,000	0.1%	09 Sep, 2026
13	Angela M Baker	Chief Accounting Officer	425	0	425	0.0%	02 Mar, 2022

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

327 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
09 Oct, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	5,878	$3.08	$18.09K	962,732	Indirect
12 Oct, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	20,073	$3.20	$64.23K	988,805	Indirect
14 Oct, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	69,427	$3.20	$222.17K	1,058,232	Indirect
15 Oct, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	2,603	$3.20	$8.33K	1,060,835	Indirect
05 Oct, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	14,508	$2.67	$38.77K	946,235	Indirect
06 Oct, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	2,315	$2.72	$6.29K	948,550	Indirect
07 Oct, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	4,023	$2.72	$10.94K	952,573	Indirect
08 Oct, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	4,281	$2.82	$12.07K	956,854	Indirect
30 Sep, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired P	11,915	$2.25	$26.83K	931,727	Indirect
11 Sep, 2026	Mason H. Matschke	Director	Acquired P	5,777	$2.38	$13.73K	442,302	Direct
04 Sep, 2026	Matthew E. Watson	Chief Accounting Officer	Disposed S	1,712	$3.12	$5.34K	17,288	Direct
08 Sep, 2026	Matthew E. Watson	Chief Accounting Officer	Disposed S	3,288	$3.13	$10.30K	14,000	Direct
02 Jul, 2026	Evolution Master Fund, Ltd. Energy	TenPercentOwner	Disposed J	941,332	$0.00	$0	12,209,953	Direct
02 Jul, 2026	Michael R. Morrisett	President Ceo	Acquired J	16,609	$0.00	$0	362,697	Direct
16 Jun, 2026	Benjamin J. Ii Marchive	Director	Acquired A	10,000	$0.00	$0	73,000	Direct
16 Jun, 2026	Matthew E. Watson	Chief Accounting Officer	Acquired A	9,000	$0.00	$0	19,000	Direct
16 Jun, 2026	Andrew Lloyd Lewis	Director	Acquired A	10,000	$0.00	$0	53,220	Direct
16 Jun, 2026	Mason H. Matschke	Director	Acquired A	10,000	$0.00	$0	436,525	Direct
16 Jun, 2026	Phil E Mulacek	Director, TenPercentOwner	Acquired A	10,000	$0.00	$0	9,411,581	Direct
16 Jun, 2026	J Kevin Vann	Director	Acquired A	10,000	$0.00	$0	38,115	Direct

Showing 1 to 20 of 327 transactions