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Tax withholding of shares by VAALCO Energy (NYSE: EGY) CFO Bain

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

VAALCO Energy Chief Financial Officer Ronald Y. Bain reported a tax-related share disposition tied to restricted stock vesting. On June 5, 2026, 37,335 shares of common stock were withheld at $5.29 per share to cover tax withholding obligations. Following this non‑market transaction, Bain directly owned 447,007 shares of VAALCO Energy common stock.

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Insider Bain Ronald Y
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 37,335 $5.29 $198K
Holdings After Transaction: Common Stock — 447,007 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 37,335 shares Tax withholding on restricted stock vesting, June 5, 2026
Per-share value $5.29 per share Value used for tax-withholding disposition
Shares owned after transaction 447,007 shares Direct holdings of CFO after tax withholding
restricted stock financial
"Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligations financial
"Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Financial Officer financial
"officer_title": "Chief Financial Officer""
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bain Ronald Y

(Last)(First)(Middle)
2500 CITYWEST BLVD.,
SUITE 400

(Street)
HOUSTON TEXAS 77042

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VAALCO ENERGY INC /DE/ [ EGY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026F37,335(1)D$5.29447,007D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
/s/ Ronald Bain by Matthew Powers as attorney-in-fact06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did VAALCO Energy (EGY) CFO Ronald Bain report in this Form 4?

VAALCO Energy CFO Ronald Y. Bain reported a tax-related disposition of shares. The company withheld 37,335 common shares upon restricted stock vesting to satisfy tax obligations at $5.29 per share, leaving him with 447,007 directly owned shares afterward.

Was the VAALCO Energy (EGY) Form 4 transaction an open-market sale?

The Form 4 transaction was not an open-market sale. It reflects 37,335 VAALCO Energy common shares withheld to satisfy tax withholding obligations when restricted stock vested, a routine compensation-related event rather than a discretionary sale in the market.

How many VAALCO Energy (EGY) shares were withheld for taxes from the CFO?

VAALCO Energy withheld 37,335 shares from CFO Ronald Y. Bain. These common shares were used to cover tax withholding obligations tied to the vesting of restricted stock, at a value reported as $5.29 per share on the transaction date.

How many VAALCO Energy (EGY) shares does the CFO hold after this Form 4?

After the tax-withholding transaction, CFO Ronald Y. Bain directly holds 447,007 VAALCO Energy common shares. This figure reflects his position following the withholding of 37,335 shares used to satisfy tax obligations when restricted stock vested.

What does the F transaction code mean in VAALCO Energy (EGY) Form 4?

The F code indicates a tax-withholding disposition, not a market sale. For VAALCO Energy, it shows 37,335 shares were delivered back to satisfy tax liabilities triggered by restricted stock vesting, a standard mechanism in equity compensation programs.