EP

SEC source: 0001072613-26-000825 · ownership.xml · nonDerivative · entry 4

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 956,854

F3 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.80 to $2.84, inclusive.

SEC source: 0001072613-26-000825 · ownership.xml · nonDerivative · entry 3

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 952,573

SEC source: 0001072613-26-000825 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 948,550

F2 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.70 to $2.72, inclusive.

SEC source: 0001072613-26-000825 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 946,235

F1 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.59 to $2.68, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.

SEC source: 0001072613-26-000819 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 931,727

F1 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.19 to $2.28, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.

SEC source: 0001072613-26-000759 · ownership.xml · nonDerivative · entry 1

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 442,302

F1 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.30 to $2.49, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.

SEC source: 0001072613-26-000773 · ownership.xml · derivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: Not disclosed

Underlying: Common Stock · 1,145,173 shares

Expires 2028-03-10

SEC source: 0001072613-26-000757 · ownership.xml · nonDerivative · entry 2

Watson Matthew E. · CIK 0002036799 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,000

F1 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.075 to $3.18, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

SEC source: 0001072613-26-000757 · ownership.xml · nonDerivative · entry 1

Watson Matthew E. · CIK 0002036799 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,288

SEC source: 0001072613-26-000570 · ownership.xml · nonDerivative · entry 1

Morrisett Michael R. · CIK 0001630275 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 362,697

F1 · kind: A fund made an in-kind distribution of shares of the Issuer to certain of its investors, including the reporting person, for no consideration.

SEC source: 0001072613-26-000569 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,209,953

F1 · kind: The reporting person made an in-kind distribution of these shares of the Issuer to certain of its investors for no consideration.

SEC source: 0001072613-26-000526 · ownership.xml · derivative · entry 2

Watson Matthew E. · CIK 0002036799 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,000

Underlying: Common Stock · 9,000 shares

Expires 2031-06-15

F1 · derivative.exercise_date: The Option vests in three equal annual installments beginning on June 16, 2027.

SEC source: 0001072613-26-000526 · ownership.xml · nonDerivative · entry 1

Watson Matthew E. · CIK 0002036799 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,000

SEC source: 0001072613-26-000525 · ownership.xml · nonDerivative · entry 1

Vann J Kevin · CIK 0001536206 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,115

SEC source: 0001072613-26-000523 · ownership.xml · nonDerivative · entry 1

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 436,525

SEC source: 0001072613-26-000524 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,411,581

SEC source: 0001072613-26-000522 · ownership.xml · nonDerivative · entry 1

Marchive Benjamin J. II · CIK 0001912457 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 73,000

SEC source: 0001072613-26-000521 · ownership.xml · nonDerivative · entry 1

Lewis Andrew Lloyd · CIK 0001927979 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,220

SEC source: 0001072613-26-000487 · ownership.xml · nonDerivative · entry 1

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 426,525

SEC source: 0001072613-26-000335 · ownership.xml · derivative · entry 10

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: Not disclosed

Underlying: Common Stock · 620 shares

Expires 2026-03-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $2.99 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

SEC source: 0001072613-26-000335 · ownership.xml · derivative · entry 9

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Five Sterling LP

Disclosed balance after: Not disclosed

Underlying: Common Stock · 45,378 shares

Expires 2026-03-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $2.99 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

SEC source: 0001072613-26-000335 · ownership.xml · derivative · entry 8

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Big Red Revocable Trust

Disclosed balance after: Not disclosed

Underlying: Common Stock · 51,692 shares

Expires 2026-03-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $2.99 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

SEC source: 0001072613-26-000335 · ownership.xml · derivative · entry 7

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: Not disclosed

Underlying: Common Stock · 67,148 shares

Expires 2026-03-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $2.99 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

SEC source: 0001072613-26-000335 · ownership.xml · derivative · entry 6

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 2,089,100 shares

Expires 2026-03-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $2.99 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes any shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights' Offering.

SEC source: 0001072613-26-000335 · ownership.xml · nonDerivative · entry 5

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: 44,023

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated February 2, 2026, as supplemented by the Issuer's prospectus supplement dated February 25, 2026 (the "Rights Offering").

SEC source: 0001072613-26-000335 · ownership.xml · nonDerivative · entry 4

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Five Sterling LP

Disclosed balance after: 578,746

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated February 2, 2026, as supplemented by the Issuer's prospectus supplement dated February 25, 2026 (the "Rights Offering").

SEC source: 0001072613-26-000335 · ownership.xml · nonDerivative · entry 3

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Big Red Revocable Trust

Disclosed balance after: 592,318

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated February 2, 2026, as supplemented by the Issuer's prospectus supplement dated February 25, 2026 (the "Rights Offering").

SEC source: 0001072613-26-000335 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 919,812

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated February 2, 2026, as supplemented by the Issuer's prospectus supplement dated February 25, 2026 (the "Rights Offering").

SEC source: 0001072613-26-000335 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,401,581

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated February 2, 2026, as supplemented by the Issuer's prospectus supplement dated February 25, 2026 (the "Rights Offering").

SEC source: 0001072613-26-000314 · ownership.xml · derivative · entry 3

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,402 shares

Expires 2026-03-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $2.99 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-26-000314 · ownership.xml · nonDerivative · entry 1

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 418,748

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated February 2, 2026, as supplemented by the Issuer's prospectus supplement dated February 25, 2026 (the "Rights Offering").

SEC source: 0001072613-26-000316 · ownership.xml · derivative · entry 2

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 1,855,757 shares

Expires 2026-03-18

F2 · derivative.exercise_price: Represents the exercise price of $2.99 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of February 2, 2026 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.095 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-26-000316 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,151,285

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated February 2, 2026, as supplemented by the Issuer's prospectus supplement dated February 25, 2026 (the "Rights Offering").

SEC source: 0001072613-26-000266 · ownership.xml · derivative · entry 6

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 1,003,344 shares

Expires 2026-05-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001072613-26-000266 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,177,076

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001072613-26-000200 · ownership.xml · derivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 1,003,344 shares

Expires 2026-05-19

SEC source: 0001072613-26-000034 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,295,528

F1 · kind: Empire Petroleum Corporation ("Empire") had an option to acquire certain oil and gas working interests owned by a subsidiary of the reporting person (the "Purchase Option"). Empire exercised the remaining portion of the Purchase Option and upon closing of the transaction on January 5, 2026 Empire issued to the reporting person 562,500 shares of common stock valued at $1,800,000 based on a price of $3.20 per share.

F1 · price: Empire Petroleum Corporation ("Empire") had an option to acquire certain oil and gas working interests owned by a subsidiary of the reporting person (the "Purchase Option"). Empire exercised the remaining portion of the Purchase Option and upon closing of the transaction on January 5, 2026 Empire issued to the reporting person 562,500 shares of common stock valued at $1,800,000 based on a price of $3.20 per share.

SEC source: 0001072613-26-000015 · ownership.xml · nonDerivative · entry 3

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,173,732

SEC source: 0001072613-26-000015 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,172,664

SEC source: 0001072613-26-000015 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,171,932

SEC source: 0001072613-25-000885 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,166,932

SEC source: 0001072613-25-000885 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,166,848

SEC source: 0001072613-25-000864 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,161,481

F1 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.97 to $3.00, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.

SEC source: 0001072613-25-000862 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,154,258

SEC source: 0001072613-25-000862 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,152,515

SEC source: 0001072613-25-000860 · ownership.xml · nonDerivative · entry 1

Marchive Benjamin J. II · CIK 0001912457 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,000

SEC source: 0001072613-25-000775 · ownership.xml · derivative · entry 8

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 589,100 shares

Expires 2029-04-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The option vested in three installments as follows: 312,500 shares on April 3, 2019; 156,250 shares on April 3, 2020; and 156,250 shares on April 3, 2021.

SEC source: 0001072613-25-000775 · ownership.xml · derivative · entry 7

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 589,100

Underlying: Common Stock · 589,100 shares

Expires 2029-04-02

F1 · derivative.exercise_date: The option vested in three installments as follows: 312,500 shares on April 3, 2019; 156,250 shares on April 3, 2020; and 156,250 shares on April 3, 2021.

SEC source: 0001072613-25-000775 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,151,199

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001072613-25-000775 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,562,099