Phil Mulacek Acquires 10,000 Empire Petroleum Shares as Director and 10% Owner

Phil E. Mulacek, a director and greater than 10% owner of Empire Petroleum Corp, acquired 10,000 shares of common stock on June 16, 2026, at a price of $0 per share. Following this transaction, Mulacek directly owns 9,411,581 shares. The filing also discloses his indirect ownership through various entities: 919,812 shares held by Petroleum Independent & Exploration LLC, 592,318 shares by Big Red Revocable Trust, 578,746 shares by Five Sterling LP, and 44,023 shares held by his spouse. In total, Mulacek has beneficial ownership of approximately 10.5 million shares across direct and indirect holdings. The transaction was reported on Form 4, indicating an insider transaction by a company director and significant shareholder.