Joseph V Salvucci Sr. - 08 May 2025 Form 4 Insider Report for EON Resources Inc. (EONR)

Reporting relationship: Director
Issuer ticker: EONR
Reported as of: 08 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 29 May 2025, 16:30:03 UTC
Prior SEC filing: 28 Mar 2025
Next SEC filing: 30 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Joseph V. Salvucci, Sr.

Key filing fact

Joseph V Salvucci Sr. filed Form 4 for EON Resources Inc. (EONR) on 29 May 2025.

Key facts

This page summarizes Joseph V Salvucci Sr.'s Form 4 filing for EON Resources Inc. (EONR).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 29 May 2025, 16:30.

Change

Previous filing in this sequence was filed on 28 Mar 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001911913 Primary reporting owner

Salvucci Joseph V Sr

Relationship: Director
Address: EON RESOURCES INC., 3730 KIRBY DRIVE, SUITE 1200, HOUSTON
Signature: /s/ Joseph V. Salvucci, Sr.
Signature date: 29 May 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EONR transaction Derivative

Redeemable Warrants

Other

Transaction value
Shares: -1,000,000
Change %: -100%
Price
Shares after: 0
Date: 08 May 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 750,000
Exercise price: $11.50
Footnotes: F1, F4

EONR transaction Derivative

Convertible Promissory Note

Other

Transaction value: $1,100,000
Shares
Change %
Price
Shares after: $1,100,000
Date: 08 May 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 4,400,000
Exercise price
Footnotes: F1, F2, F4

EONR transaction Derivative

Convertible Promissory Note

Sale

Transaction value: $1,100,000
Shares
Change %
Price
Shares after: $0
Date: 13 May 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 4,400,000
Exercise price
Footnotes: F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On May 8, 2025, EON Resources Inc. (the "Issuer") entered into an Exchange Agreement with the reporting person, pursuant to which the Issuer issued to the reporting person a convertible promissory note due January 31, 2028 in the principal amount of $1,100,000 (the "Convertible Note") in exchange for 1,000,000 redeemable warrants (each exercisable to purchase three-quarters of a share of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer at $11.50 per share, subject to adjustment) and a promissory note due May 7, 2029 in the principal amount of $100,000.

Footnote F2

The Convertible Note is convertible by the reporting person at any time after issuance into shares of Class A Common Stock at a conversion price equal to the greater of (a) $0.25 per share or (b) 90% multiplied by the average of the three lowest VWAPs of the Class A Common Stock over the ten trading days prior to conversion (the "Conversion Price"). If, at any time the Convertible Note is outstanding, the Issuer issues or sells Class A Common Stock for no consideration or at a price lower than the then-current Conversion Price, then the Conversion Price of the Convertible Note will be automatically reduced to the amount of consideration per share received by the Issuer in such sale or offering

Footnote F3

On May 13, 2025, the reporting person agreed to sell and transfer the Convertible Note in a private transaction for $1,100,000.

Footnote F4

The reporting person owns a 100% ownership interest in the class of membership interests of JVS Alpha Property, LLC which purchased and was assigned an interest in the redeemable warrants and the Convertible Note.