Slack Stephen 4
4 · US ENERGY CORP · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
US ENERGY CORP (USEG) Director Stephen Slack Receives Option Award
What Happened
Stephen Slack, a director of US Energy Corp (USEG), was granted 230,000 nonqualified stock options on March 4, 2026. The filing lists the acquisition as a derivative award at $0.00 (standard for option grants reported as awards). The options were issued as compensation for director services and are not exercises or open‑market purchases/sales.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026.
- Grant: 230,000 nonqualified stock options (reported as A = Award/Grant) at $0.00 on the Form 4 (derivative grant).
- Vesting: Two equal installments — 115,000 options vest July 1, 2026 and 115,000 vest January 2, 2027, subject to continued service.
- Consideration: Issued as compensation for services rendered and to be rendered as a director.
- Shares/options owned after transaction: not specified in this filing.
Context
These were option grants (not exercises or sales). Because the award is compensation for board service and vests over time, it is routine corporate compensation and does not by itself indicate the director buying or selling the company’s shares.
Insider Transaction Report
Form 4
US ENERGY CORPUSEG
Slack Stephen
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
[F2][F1]2026-03-04+230,000→ 230,000 totalExercise: $1.11Exp: 2036-03-04→ Common Stock (230,000 underlying)
Holdings
- 208,913
Common Stock
Footnotes (2)
- [F1]Nonqualified Stock Options granted on March 4, 2026 pursuant to the U.S. Energy Corp. 2022 Equity Incentive Plan. The options vest in two equal annual installments of 50% each: 115,000 options on July 1, 2026 and 115,000 options on January 2, 2027, subject to the Reporting Person's continued service with the Issuer on such vesting dates.
- [F2]Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a Director of the Issuer.
Signature
/s/ Stephen Slack|2026-03-06