William Ryan Hightower - 09 Jan 2026 Form 4 Insider Report for HighPeak Energy, Inc. (HPK)

Role: Executive Vice President
Signature: /s/ Steven W. Tholen as Attorney in Fact for William Ryan Hightower
Issuer symbol: HPK
Transactions as of: 09 Jan 2026
Net transactions value: $0
Form type: 4
Filing time: 09 Jan 2026, 17:13:58 UTC
Previous filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Hightower William Ryan	Executive Vice President	421 W. 3RD STREET, SUITE 1000, FORT WORTH	/s/ Steven W. Tholen as Attorney in Fact for William Ryan Hightower	09 Jan 2026	0002091415

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPK	Common Stock, par value $0.0001 per share	Award	$0	+50,000	+15%	$0.000000	372,668	09 Jan 2026	Direct	F1
holding	HPK	Common Stock, par value $0.0001 per share						4,720	09 Jan 2026	By Daughter	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of restricted common stock vest in three equal installments: one-third on the first anniversary of the date of the grant, one-third on the second anniversary of the grant and one-third on the third anniversary of the date of the grant.
F2	The reporting person disclaims beneficial ownership of the common stock held by the reporting person's daughter (the "Record Holder") except to the extent of his pecuniary interest in the Record Holder, and this report shall not be deemed an admission that he is the beneficial ownership of such securities for purposes of Section 16 or for any other purpose. The reporting person disclaims beneficial ownership of the securities held by his daughter, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Content

The shares of restricted common stock vest in three equal installments: one-third on the first anniversary of the date of the grant, one-third on the second anniversary of the grant and one-third on the third anniversary of the date of the grant.

The reporting person disclaims beneficial ownership of the common stock held by the reporting person's daughter (the "Record Holder") except to the extent of his pecuniary interest in the Record Holder, and this report shall not be deemed an admission that he is the beneficial ownership of such securities for purposes of Section 16 or for any other purpose. The reporting person disclaims beneficial ownership of the securities held by his daughter, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.