Summary
A group of investors identified as 10% owners of US Energy Corp (USEG) executed a series of sales totaling 709,449 shares of common stock on March 2 and 3, 2026. The transactions collectively produced proceeds of approximately $907,086, with per-share prices ranging from $1.2511 to $1.3692.
Details of the insider sales
The sellers named in the filings are Joshua Lane Batchelor, Sage Road Capital, Banner Oil & Gas, Woodford Petroleum, and Benjamin Andrew Stamets. The sales were carried out through entities that are indirectly controlled by Sage Road Capital, LLC. Those entities include Banner Oil & Gas, LLC, Woodford Petroleum, LLC, Sage Road Energy II, LP, and SRC Management Company, LP. According to the disclosure, Joshua Lane Batchelor and Benjamin Andrew Stamets serve as co-Managing Partners of Sage Road and therefore may be deemed to have beneficial ownership of the shares sold.
Transaction dates and pricing were provided in the report: the trades occurred on March 2 and March 3, 2026, at prices spanning $1.2511 to $1.3692 per share. After completing these sales, the filing states that the group still retains a significant holding of US Energy Corp common stock, though the report does not quantify the remaining position.
Separate issuance to Roth Principal Investments
In a separate disclosure, US Energy Corp reported the issuance and sale of 6,525,843 shares of its common stock to Roth Principal Investments, LLC. That sale was executed pursuant to a Common Stock Purchase Agreement dated October 9, 2025, under which the company is permitted to sell up to $25 million of common shares over time.
The recently issued block represents approximately 19.1% of US Energy Corp’s outstanding common stock as of the company’s reported count on September 30, 2025. The firm reported total proceeds from that private placement of $7,300,223. The shares were sold in private transactions relying on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933.
Context provided in filings
The company framed these disclosures as part of its capital management activities. The filings make clear the mechanics of the insider sales and the private placement but do not provide additional commentary on use of proceeds, changes to board-level holdings, or updated ownership percentages beyond the items detailed above.
Key takeaways
- Ten-percent owners collectively sold 709,449 USEG shares on March 2-3, 2026, for about $907,086.
- Sales were routed through entities indirectly controlled by Sage Road Capital, with two partners potentially deemed beneficial owners.
- Separately, US Energy Corp issued 6,525,843 shares to Roth Principal Investments under an existing purchase agreement, representing roughly 19.1% of outstanding stock as of Sept. 30, 2025, and raising $7.3 million.
Notes on disclosure and limitations
The filings specify prices, dates, counterparties, and the legal basis for the private placement exemption. They do not quantify the exact remaining holdings of the insider group following the sales, nor do they provide additional details about the company’s intended use of proceeds from the Roth Principal Investments transaction beyond the proceeds amount reported.