Pogo Royalty, LLC - 21 Jan 2025 Form 4 Insider Report for EON Resources Inc. (EONR)

Role
10%+ Owner
Signature
/s/ Bayard Friedman, Authorized Person, on behalf of Pogo Royalty, LLC
Issuer symbol
EONR
Transactions as of
21 Jan 2025
Net transactions value
-$1,701,744
Form type
4
Filing time
23 Jan 2025, 17:15:45 UTC
Previous filing
10 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EONR Class A Common Stock Sale $1,701,744 -1,071,897 -68% $1.59 500,000 21 Jan 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Pogo Royalty, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $1.50 to $1.80, inclusive. The reporting persons undertake to provide to EON Resources Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
F2 Pogo Royalty beneficially holds 500,000 shares of Class B Common Stock of the Issuer and an equivalent number of HNRA Upstream, LLC Class B Units, which together are exchangeable for 500,000 shares of Class A Common Stock of the Issuer.