Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Battalion Oil SVP Walter Mayer sells $8,435 in shares

Battalion Oil SVP Walter Mayer sells $8,435 in shares

Battalion Oil Corporation's Senior Vice President and General Counsel, Walter R. Mayer, divested 6,479 of the company's shares on August 26, 2026. The sale amounted to approximately $8,435, with the shares exchanged at prices ranging from $1.3000 to $1.3050. Battalion Oil's stock is currently trading at $1.31, marking a 76% decline over the past six months and a 96% decrease from its 52-week high of $29.70.

InvestingPro analysis suggests the stock is potentially overvalued. Mr. Mayer acquired the shares upon the settlement of restricted stock units (RSUs) granted on February 20, 2020, through Battalion Oil's equity incentive plan. These RSU settlements were previously disclosed in Forms 4 filed on June 23, 2026, and July 17, 2026, and were not acquired via a market purchase. As a result, Mr. Mayer now directly owns 174 shares of Battalion Oil common stock.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

More from Friday 28 August →