Gen IV Investment Opportunities, LLC 4
4 · BATTALION OIL CORP · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Battalion Oil (BATL) 10% Owner Gen IV Sells 2.37M Shares
What Happened Gen IV Investment Opportunities, LLC, a reported 10% owner of Battalion Oil Corp (BATL), sold 2,369,769 shares on March 25, 2026 at $5.82 per share, generating approximately $13,793,477 in proceeds. This was an outright sale (transaction code S), not a purchase or option-related transaction.
Key Details
- Transaction date & terms: March 25, 2026 — sale of 2,369,769 shares at $5.82 each; total proceeds ≈ $13,793,477.
- Filing date: Form 4 filed March 27, 2026 (two days after the transaction) — appears timely under Section 16 reporting deadlines.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: Form 4 is jointly filed by Gen IV, LSP Generation IV, LSP Investment Advisors, LLC, and Paul Segal. LSP Gen IV (managing member), LSP Advisors (investment manager), and Paul Segal (President) each have the power to direct voting/disposition but disclaim beneficial ownership for Section 16 purposes except to the extent of pecuniary interest.
- Transaction type: S = Sale (open market or private sale as reported).
Context This sale was by a 10% institutional owner/investment vehicle rather than an individual executive. Such disposals can reflect portfolio management or liquidity needs and are not, by themselves, a clear signal of company fundamentals. The filing shows no option exercise, gift, 10b5-1 plan, or tax-withholding event tied to this transaction.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-25$5.82/sh−2,369,769$13,793,477→ 0 total
Footnotes (1)
- [F1]This Form 4 is jointly filed by Gen IV Investment Opportunities, LLC ("Gen IV"), a Delaware limited liability company, LSP Generation IV, LLC ("LSP Gen IV"), a Delaware limited liability company, LSP Investment Advisors, LLC ("LSP Advisors"), a Delaware limited liability company, and Paul Segal, President of Gen IV. LSP Gen IV, as the managing member of Gen IV, has the power to direct the affairs of Gen IV, including voting and disposing of the shares. LSP Advisors, as the investment manager of Gen IV, also has the power to direct the voting and disposition of the shares held by Gen IV. Mr. Segal as President of Gen IV, also has the power to direct the voting and disposition of the shares Held by Gen IV. For Section 16 purposes, LSP Gen IV, LSP Advisors, and Mr. Segal, disclaim beneficial ownership over the shares reported herein, except to the extent of their pecuniary interest therein.