Form 4: U.S. Energy Corp CEO Ryan Lewis Smith Reports Tax Withholding Transaction
SEC Filing
Ryan Lewis Smith, CEO of U.S. Energy Corp, reports a transaction involving the withholding of shares to cover tax obligations related to exempt stock grants.
Summary
- On March 19, 2025, Ryan Lewis Smith, the CEO of U.S. Energy Corp (USEG), filed a Form 4.
- The filing indicates a transaction where 76,707 shares of common stock were disposed of to cover tax withholding related to exempt stock grants.
- The price per share for the transaction was $1.47.
- Following the transaction, Smith directly owns 1,166,039 shares of U.S. Energy Corp.
- The transaction was executed to satisfy tax obligations arising from the vesting of previously granted stock awards.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax withholding event.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of the transaction and filing of the Form 4. |
Keywords
Form 4, USEG, Ryan Lewis Smith, U.S. Energy Corp, Tax Withholding, CEO, Beneficial Ownership, Securities
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