Empire Petroleum: Director Mulacek acquires $312,810 in stock

In a recent insider trading move, Phil E. Mulacek, a Director and 10% Owner of Empire Petroleum Corp. (NASDAQ:EP), acquired 97,981 shares of the company’s common stock totaling $312,810 over several days in October 2026. The insider buying comes amid strong momentum for the stock, with shares up over 13% in the past six months. The transactions were spread across October 9, 12, 14, and 15, 2026, at prices ranging from $3.0774 to $3.2 per share.

Following these purchases, Mr. Mulacek’s total beneficial ownership in Empire Petroleum Corp. stands at 9,411,581 shares, including direct holdings of 9,411,581 shares and indirect holdings through various entities.

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