Fed Governor Adriana Kugler to resign
Phil Mulacek, a director and significant shareholder of Empire Petroleum Corp (NASDAQ:EP), has recently acquired additional shares of the company. According to a recent SEC filing, Mulacek purchased a total of 2,400 shares of Empire Petroleum's common stock on April 4, 2025. The shares were bought at prices ranging from $5.05 to $5.12, amounting to a total expenditure of $12,282. The timing is notable as the stock has declined 34.7% year-to-date, with the current share price at $4.96.
Following these transactions, Mulacek directly owns 5,217,180 shares of the company. Additionally, he has indirect ownership of shares through various entities, including Petroleum Independent (LON:IOG) & Exploration LLC, Big Red Revocable Trust, Five Sterling LP, and through his spouse. These holdings reflect Mulacek's continued investment and interest in the company's performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.