October 23, 2025 · Form 4 insider transaction
Batchelor Joshua Lane sold 159,387 shares of U.S. Energy Corp at $1.26 per share, a transaction worth $200.7K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 5 days after the transaction.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.23 to $1.325, inclusive. The reporting person undertakes to provide to US Energy Corp (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.; Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (4), (5) and (6).Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (4), (5) and (6).; Represents shares of the Common Stock held by Banner Oil & Gas, LLC ("Banner"). The shares held by Banner may be deemed to be beneficially owned by Sage Road, which indirectly controls Banner and manages certain funds which own a majority interest of Banner, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.