Data spanning the past 90 days through February 19, 2026 reveals that Hallador Energy's three principal insider shareholders consist of Director David J Lubar (2.79Mn shares), Director Steven Hardie (1.96Mn shares), President And Ceo Brent K Bilsland (1.45Mn shares).
| Holder | Position | Shares | Report Date |
|---|---|---|---|
| David J Lubar | 2,791,536 | 31 Dec, 2025 | |
| Steven Hardie | 1,962,500 | 13 Jun, 2022 | |
| Brent K Bilsland | President And Ceo | 1,453,785 | 11 Apr, 2025 |
| Lawrence D Martin | 445,281 | 02 May, 2024 | |
| Charles Ray Iv Wesley | 417,331 | 02 Jan, 2026 | |
| Heath Aaron Lovell | President Hallador Power | 129,952 | 11 Apr, 2025 |
| Zarrell Thomas Gray | 76,480 | 16 Jan, 2026 | |
| David C Hardie | 44,088 | 02 Jan, 2026 | |
| Marjorie Anne Hargrave | Chief Financial Officer | 30,267 | 02 Apr, 2025 |
| Robert Todd Davis | 13,194 | 28 Dec, 2023 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 14 Jan, 2026 | Charles Ray Iv Wesley | Common Stock | A | 55,555 | $18.00 | 323,469 | I | J |
| 14 Jan, 2026 | Zarrell Thomas Gray | Common Stock | A | 13,888 | $18.00 | 76,480 | D | J |
| 31 Dec, 2025 | David C Hardie | - | - | 23,016 | D | |||
| 31 Dec, 2025 | David C Hardie | Common Stock | A | 1,944 | $19.29 | 23,016 | D | A |
| 30 Dec, 2025 | David J Lubar | Common Stock | A | 2,851 | $19.29 | 2,851 | D | A |
| 30 Dec, 2025 | David J Lubar | - | - | 2,851 | D | |||
| 30 Dec, 2025 | Charles Ray Iv Wesley | Common Stock | A | 2,592 | $19.29 | 93,862 | D | A |
| 30 Dec, 2025 | Zarrell Thomas Gray | Common Stock | A | 2,592 | $19.29 | 62,592 | D | A |
| 17 Dec, 2025 | Charles Ray Iv Wesley | Common Stock | A | 20,000 | $17.83 | 267,914 | I | P |
| 21 Nov, 2025 | Charles Ray Iv Wesley | Common Stock | A | 13,000 | $19.28 | 247,914 | I | P |
| 01 Oct, 2025 | David C Hardie | - | - | 1,584,929 | I | |||
| 01 Oct, 2025 | David C Hardie | - | - | 21,072 | I | |||
| 01 Oct, 2025 | David C Hardie | Common Stock | D | 25,000 | $19.76 | 21,072 | I | S |
| 01 Oct, 2025 | David C Hardie | Common Stock | D | 75,000 | $19.76 | 1,584,929 | I | S |
| 30 Sep, 2025 | David C Hardie | Common Stock | D | 25,000 | $19.53 | 46,072 | I | S |
| 30 Sep, 2025 | David C Hardie | Common Stock | D | 75,000 | $19.53 | 1,659,929 | I | S |
| 29 Sep, 2025 | David C Hardie | Common Stock | D | 18,446 | $19.65 | 71,072 | I | S |
| 29 Sep, 2025 | David C Hardie | Common Stock | D | 55,337 | $19.65 | 1,734,929 | I | S |
| 26 Sep, 2025 | David C Hardie | Common Stock | D | 19,467 | $19.18 | 89,518 | I | S |
| 26 Sep, 2025 | David C Hardie | Common Stock | D | 58,401 | $19.18 | 1,790,266 | I | S |