SCHEDULE: Mark D. Becker Discloses 5.3% Stake in Hallador Energy
Beneficial Ownership Report
Mark D. Becker has reported a 5.3% beneficial ownership stake in Hallador Energy Co, totaling 2,287,743 common shares.
Summary
- Mark D. Becker beneficially owns 2,287,743 shares of Hallador Energy Co common stock.
- This ownership represents 5.3% of the company's outstanding common stock, calculated based on 43,010,230 shares as of August 7, 2025.
- The beneficially owned shares include 227,395 shares held of record by The MDB Irrevocable Trust Dated March 24, 2023, over which Mr. Becker has sole voting and dispositive power.
- An additional 1,343,348 shares are held of record by The Mark D. Becker Living Trust Dated March 29, 2021, with Mr. Becker also holding sole voting and dispositive power.
- Mr. Becker also has the right to acquire 717,000 shares through the exercise and settlement of call options.
- Mr. Becker certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 6
Explanation: The filing discloses a significant beneficial ownership stake by an individual, which can be interpreted as a positive signal of investor confidence, though it does not provide operational or financial performance updates.
Positives
- A significant individual stake of 5.3% by Mark D. Becker may signal confidence in Hallador Energy Co's future prospects.
- The ownership structure, including shares held in trusts and through call options, suggests a potentially long-term investment perspective.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The disclosure of a significant individual stake could influence investor perception and potentially signal confidence in the company.
- Company Management: A large individual shareholder may have increased engagement with management, although the filing states the shares were not acquired for changing or influencing control, other than 14a-11 nominations.
Key Dates
| Date | Description |
|---|---|
| 2021-03-29 | Date The Mark D. Becker Living Trust was dated. |
| 2023-03-24 | Date The MDB Irrevocable Trust was dated. |
| 2025-08-07 | Date as of which 43,010,230 shares of Common Stock were outstanding, as reported in the Company's Form 10-Q. |
| 2025-08-11 | Date Hallador Energy Co's Quarterly Report on Form 10-Q was filed with the SEC. |
| 2025-10-31 | Date of event which requires filing of this statement. |
| 2025-11-06 | Date the Schedule 13G was signed and filed. |
Recommendation
holdThis Schedule 13G filing primarily serves as a disclosure of a significant beneficial ownership stake by Mark D. Becker in Hallador Energy Co. While a 5.3% stake indicates a notable individual investment and potential confidence, the filing itself does not provide new financial performance data, strategic updates, or operational insights that would warrant a 'buy' or 'sell' recommendation. It is a factual report of ownership, suggesting a 'hold' stance until further fundamental information becomes available. The certification that the shares were not acquired for the purpose of changing or influencing control (other than 14a-11 nominations) also limits the immediate strategic implications for the company's direction.
Keywords
Hallador Energy Co, HNRG, Mark D. Becker, Schedule 13G, beneficial ownership, common stock, equity stake, call options, institutional investor
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