Form 4: Hallador Energy Co. Executive Lovell Reports Stock Transactions
SEC Form 4 Filing
Hallador Energy's President of Hallador Power, Heath Aaron Lovell, reports the acquisition and disposal of company stock and restricted stock units on March 31, 2025.
Summary
- On March 31, 2025, Heath Aaron Lovell, President of Hallador Power, reported transactions involving Hallador Energy Co. stock.
- Lovell acquired 98,835 shares of common stock at $12.28 per share through the vesting of restricted stock units.
- Lovell also disposed of 35,482 shares to cover tax obligations at $12.28 per share.
- Following these transactions, Lovell directly owns 131,385 shares of Hallador Energy Co. common stock.
- The transactions also involved the vesting of 57,971 Restricted Stock Units (RSUs) awarded on April 1, 2022, and 40,864 RSUs awarded on September 6, 2024, each representing a contingent right to receive one share of Hallador Energy Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like officers and directors, trade in their company's stock. It provides transparency to the market regarding the transactions of those with privileged information.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related sales.
Key Dates
| Date | Description |
|---|---|
| April 1, 2022 | Date of Restricted Stock Unit award (57,971 units). |
| September 6, 2024 | Date of Restricted Stock Unit award (40,864 units). |
| March 31, 2025 | Date of transactions: acquisition and disposal of shares, vesting of RSUs. |
| April 2, 2025 | Date of signature on the Form 4 filing. |
Keywords
Hallador Energy Co, Heath Aaron Lovell, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Form 4, HNRG
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