{
  "id": 15664752,
  "title": "Empire Petroleum: Director Mulacek acquires $312,810 in stock",
  "url": "https://urgent.news/2026/10/19/empire-petroleum-director-mulacek-acquires-312-810-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T22:31:02.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/empire-petroleum-director-mulacek-acquires-312810-in-stock-93CH-4958462"
  },
  "original_language": "en",
  "account": "Phil E. Mulacek, a Director and 10% Owner of Empire Petroleum Corp. (NASDAQ:EP), recently bolstered his stake in the company by acquiring a significant number of its common shares. Over the course of several days in October 2026, Mulacek purchased a total of $312,810 worth of the company’s stock, representing a 97,981 share increase. This insider buying occurred on October 9, 12, 14, and 15, 2026, with each transaction taking place at a price between $3.0774 and $3.20 per share. The insider transactions took place through Petroleum Independent & Exploration LLC, a holding company registered to Mulacek. Following the purchases, Mulacek's direct beneficial ownership in Empire Petroleum Corp. totals 9,411,581 shares, while indirect holdings amount to 2,728,354 shares spread across multiple trusts and LPs.",
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}