Phil E. Mulacek - 05 Nov 2025 Form 4 Insider Report for EMPIRE PETROLEUM CORP (EP)

Signature
/s/ Phil E. Mulacek
Issuer symbol
EP
Transactions as of
05 Nov 2025
Transactions value $
$2,494,992
Form type
4
Filing time
07 Nov 2025, 16:47:58 UTC
Previous filing
23 Oct 2025
Next filing
01 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Mulacek Phil E Director, 10%+ Owner 25025 I 45 NORTH, SUITE 420, THE WOODLANDS /s/ Phil E. Mulacek 07 Nov 2025 0001670677

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EP Common Stock Purchase $705K +187K +3.48% $3.77 5.56M 05 Nov 2025 Direct
transaction EP Common Stock Options Exercise $895K +589K +10.59% $1.52 6.15M 05 Nov 2025 Direct
holding EP Common Stock 817K 05 Nov 2025 By Petroleum Independent & Exploration LLC
holding EP Common Stock 526K 05 Nov 2025 By Big Red Revocable Trust
holding EP Common Stock 485K 05 Nov 2025 By Five Sterling LP
holding EP Common Stock 42.8K 05 Nov 2025 By spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EP Stock option (right to buy) Purchase $895K +589K $1.52 589K 05 Nov 2025 Common Stock 589K $1.32 Direct F1
transaction EP Stock option (right to buy) Options Exercise $0 -589K -100% $0.00 0 05 Nov 2025 Common Stock 589K $1.32 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested in three installments as follows: 312,500 shares on April 3, 2019; 156,250 shares on April 3, 2020; and 156,250 shares on April 3, 2021.