03/02/2026 | Press release | Distributed by Public on 03/02/2026 18:00
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Unit | (3) | 02/26/2026 | A | 47,009 | (4) | (4) | Common Stock | 47,009 | $ 0 | 47,009 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Hinds Brent 8023 E. 63RD PLACE, SUITE 101 TULSA, OK 74133 |
Chief Financial Officer | |||
| /s/ Brent Hinds | 03/02/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Represents a one-time bonus grant to the reporting person for services as an executive officer for the year ended December 31, 2025, upon achievement of certain performance target metrics approved by the human capital and compensation committee of the board of directors. The number of shares awarded is based on the closing price of the Company's common stock on February 26, 2026, of $0.5616. |
| (2) | Represents the payment of the reporting person's tax liability by withholding shares incident to the receipt of the Company's common stock issued on February 26, 2026, based on the closing price of the Company's common stock on February 26, 2026, of $0.5616. |
| (3) | Represents a one-time bonus restricted stock units ("RSUs") grant to reporting person for services as an executive officer for the year ended December 31, 2025, and each RSU represents a right to receive one share of common stock or the cash equivalent thereof. |
| (4) | The RSUs granted on February 26, 2026, vest in three equal installments commencing on the first anniversary of the grant date. |