FolioLanternBeta
BATLBattalion Oil Corp · Insider ownership research

Battalion Oil Corp insiders sold $234K in the past 12 months. How much of their stake is that?

0% was sold under disclosed trading plans, 100% with no plan disclosed. The largest seller, Daniel Rohling (Chief Operating Officer), sold $157K.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
2
buyers among officers and directors (2 trades), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
3 of 7
officers and directors sold shares, past 12 months
Is this normal? More than usual: $234K sold, after almost none in the past 5 years. 3 insiders sold; the average is 1 a year. Year by year
Latest filing: Filed Aug 28 for a purchase on Aug 26. William Rogers bought 70K shares ($91K). Filing
SEC ownership filings: 23 filed in the 12 months to Oct 16, 2026; 761 on record since May 13, 2004 · See the evidence

What stands out

Two directors bought shares: William Rogers (70K shares, $91K) and Gregory Hinds (14K shares, $19K). These are the first by current officers or directors since Jun 8, 2022.William Rogers: purchase, Aug 26, 2026 · Gregory Hinds: purchase, Aug 27, 2026

A share of stake is shown for 0 of the 3 officers and directors who sold. 7 are left out

i
Left out: Daniel Rohling, John Juneau, Charles Martin, Walter Mayer, Gregory Hinds, William Rogers and Matthew Steele (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Daniel Rohling
Chief Operating Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$157KNo plan disclosed
Charles Martin
VP, Controller
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$40KNo plan disclosed
Walter Mayer
SVP, General Counsel
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$37KNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNovDecJanFebMar 2026: $226K no plan disclosed$226KMarAprMayJunJulAug 2026: $8K no plan disclosedAugSepOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Aug 27, 2026Gregory Hinds bought 14K shares ($19K).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Gregory Hinds
Director
14,400$1.31n/an/aAug 27, 2026Aug 28, 2026

Outside holders, reported separately

Gen IV Investment Opportunities, LLC sold $13.8M and LUMINUS MANAGEMENT LLC sold $8.6M in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Battalion Oil Corp CEO selling stock?

No. Matthew Steele reported no open-market sales in the past 12 months.

Why are Battalion Oil Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Battalion Oil Corp insiders buying?

Yes. 2 officers or directors reported 2 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold3 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Daniel Rohling
Chief Operating Officer
$157K
22K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Charles Martin
VP, Controller
$40K
7.6K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Walter Mayer
SVP, General Counsel
$37K
11K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed

Outside holder, reported separately: Gen IV Investment Opportunities, LLC (a 10% owner, not part of management). Sold $13.8M (2.37M shares) from Mar 25, 2026 to Mar 25, 2026. Latest filing

Outside holder, reported separately: LUMINUS MANAGEMENT LLC (a 10% owner, not part of management). Sold $8.6M (1.89M shares) from Mar 30, 2026 to Mar 31, 2026. Latest filing

The full ownership picture0 of 7 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Daniel Rohling
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Daniel Rohling are complete.
Chief Operating Officer
n/a−22Kn/an/a
Vesting, gifts, unvested awards and holding lines for Daniel Rohling

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Daniel Rohling are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−6.5Kwithheld by the company for taxes
John Juneau
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for John Juneau are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for John Juneau

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Juneau are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Charles Martin
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Charles Martin are complete.
VP, Controller
n/a−7.6Kn/an/a
Vesting, gifts, unvested awards and holding lines for Charles Martin

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Charles Martin are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Walter Mayer
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Walter Mayer are complete.
SVP, General Counsel
n/a−11Kn/an/a
Vesting, gifts, unvested awards and holding lines for Walter Mayer

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Walter Mayer are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−2.4Kwithheld by the company for taxes
Gregory Hinds
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Gregory Hinds are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Gregory Hinds

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Gregory Hinds are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
William Rogers
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for William Rogers are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for William Rogers

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for William Rogers are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Matthew Steele
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Matthew Steele are complete.
Chief Executive Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Matthew Steele

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Matthew Steele are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Battalion Oil Corp are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$234K of sales by plan status, purpose, seller and month

Officer and director open-market sales: $234K across 41,137 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $234K

Sales with no 10b5-1 plan and no tax reference in the filing. $157K of it is Daniel Rohling. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Daniel Rohling, Mar 25, 2026

Taxes

8,844 shares ($11K) were withheld by the company for taxes, which isn't a market sale.

Purchases · 2 buyers (2 trades)

2 officers and directors bought shares in this period, in 2 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 9 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Daniel Rohling
Chief Operating Officer
22K$157K0%67%Mar 24, 2026 to Mar 25, 2026
Charles Martin
VP, Controller
7.6K$40K0%17%Mar 25, 2026 to Mar 25, 2026
Walter Mayer
SVP, General Counsel
11K$37K0%16%Mar 27, 2026 to Aug 26, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$226K$0$0$226K
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$8K$0$0$8K
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

More than usual: $234K sold, after almost none in the past 5 years. 3 insiders sold; the average is 1 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
41K3$234K
Oct 16, 2025
1 year earlier
00$0
Oct 16, 2024
2 years earlier
00$0
Oct 17, 2023
3 years earlier
00$0
Oct 17, 2022
4 years earlier
21$20
Oct 17, 2021
5 years earlier
4.8K2$61K

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty7 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Battalion Oil Corp are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology761 filings on record, 23 filed in the 12-month period, and how we read them

All 761 Forms 3, 4 and 5 on record for Battalion Oil Corp (SEC CIK 1282648), filed from May 13, 2004 to Oct 9, 2026; 23 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Probable 1-for-5 stock split on or before Dec 28, 2015 (split date stated in a footnote). Splits aren't reported as transactions; 20 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (79)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Brookfield Oaktree Holdings, LLCMay 16, 20243,988,088 shares, last reported balance as of Oct 8, 2019
Ajay JegadeesanMay 16, 2023No balance on record
Leah KasparekFeb 22, 20235,267 shares, last reported balance as of Feb 20, 2023
Richard LittleFeb 22, 202347,471 shares, last reported balance as of Feb 20, 2023
Grant EvansFeb 22, 20239,580 shares, last reported balance as of Feb 20, 2023
Kristen McWattersFeb 3, 2023No balance on record
Richard AndrewsAug 22, 202212,548 shares, last reported balance as of Aug 21, 2022
Scott GermannJun 14, 2021No balance on record
Ragan AltizerFeb 21, 2020No balance on record
David ElkouriDec 17, 20195,177 shares, last reported balance as of Dec 13, 2019
Jon WrightSep 27, 2019407,413 shares, last reported balance as of Sep 24, 2019
ARES MANAGEMENT LLCAug 27, 201996,870,143 shares, last reported balance as of Aug 23, 2019
Darryl SchallAug 15, 2019No balance on record
Carin BarthApr 19, 201910,568 shares, last reported balance as of Apr 17, 2019
Quentin HicksMar 15, 2019435,028 shares, last reported balance as of Mar 13, 2019
Mark MizeMar 5, 2019408,450 shares, last reported balance as of Mar 1, 2019
Stephen HerodMar 5, 2019427,212 shares, last reported balance as of Mar 1, 2019
Tina ObutMar 5, 2019106,470 shares, last reported balance as of Mar 1, 2019
Thomas FullerNov 28, 201884,323 shares, last reported balance as of Nov 27, 2018
Janine McArdleJun 19, 201833,874 shares, last reported balance as of Jun 15, 2018
James ChristmasMay 16, 2018107,039 shares, last reported balance as of May 14, 2018
William CampbellMay 16, 201876,992 shares, last reported balance as of May 14, 2018
Michael ClarkMay 16, 201876,992 shares, last reported balance as of May 14, 2018
Ronald ScottMay 16, 201876,992 shares, last reported balance as of May 14, 2018
Floyd WilsonMar 12, 20181,732,438 shares, last reported balance as of Mar 9, 2018
FRANKLIN RESOURCES INCJan 29, 201814,530,157 shares, last reported balance as of Jan 26, 2018
Joseph Rinando IIISep 18, 201772,086 shares, last reported balance as of Sep 12, 2017
Sylvia BarnesJun 15, 201743,157 shares, last reported balance as of Jun 14, 2017
Eric TakahaMay 8, 201743,249 shares, last reported balance as of May 4, 2017
Tyrus Capital S.A.M.Sep 19, 20168,578,159 shares, last reported balance as of Sep 9, 2016
David MillerSep 13, 201623,119 shares, last reported balance as of Sep 12, 2016
Mark Welsh IVSep 13, 20161,031 shares, last reported balance as of Sep 12, 2016
Tucker BridwellSep 13, 201643,858 shares, last reported balance as of Sep 12, 2016
Michael VlasicSep 13, 2016244,128 shares, last reported balance as of Sep 12, 2016
CANADA PENSION PLAN INVESTMENT BOARDSep 13, 20162,053,351 shares, last reported balance as of Sep 12, 2016
John BrownSep 13, 2016709 shares, last reported balance as of Sep 12, 2016
David MillerSep 13, 20163,600,000 shares, last reported balance as of Sep 12, 2016
Larry HelmMar 14, 201653,545 shares, last reported balance as of Mar 11, 2016
Charles Cusack IIIMar 3, 2016193,823 shares, last reported balance as of Mar 1, 2016
HALRES LLCMay 8, 2015750,000 shares, last reported balance as of May 6, 2015
Stephen SmileyMay 27, 201423,560 shares, last reported balance as of May 22, 2014
James IrishMay 27, 201428,893 shares, last reported balance as of May 22, 2014
David HuntMay 27, 201465,020 shares, last reported balance as of May 22, 2014
Scott ZuehlkeMar 3, 201419,684 shares, last reported balance as of Feb 27, 2014
David TippettMar 3, 201414,540 shares, last reported balance as of Feb 28, 2014
Richard DiMicheleMar 3, 201435,955 shares, last reported balance as of Feb 27, 2014
Petro-Hunt Holdings, LLCJan 23, 201320,748,256 shares, last reported balance as of Jan 18, 2013
Kevin GodwinDec 7, 2012No balance on record
Robert AndersonNov 9, 201255,546 shares, last reported balance as of Sep 17, 2012
Jason BrownSep 19, 201222,000 shares, last reported balance as of Sep 17, 2012
Mary BrookSep 19, 20127,333 shares, last reported balance as of Sep 17, 2012
James StubbsAug 6, 20122,000 shares, last reported balance as of Aug 2, 2012
Murphy Markham IVJun 11, 20121,000 shares, last reported balance as of Jun 7, 2012
Larry LeeJan 4, 20127,782,479 shares, last reported balance as of Jan 2, 2012
Larry RampeyJan 4, 201277,709 shares, last reported balance as of Jan 1, 2012
Drake SmileyJan 4, 201295,349 shares, last reported balance as of Jan 2, 2012
George AustinJan 4, 201275,486 shares, last reported balance as of Jan 2, 2012
John ReardonMay 11, 201153,767 shares, last reported balance as of May 5, 2011
Gerald MarshallMay 10, 201135,178 shares, last reported balance as of May 5, 2011
Sean LaneMay 9, 201132,278 shares, last reported balance as of May 5, 2011
Vicky LindseyJan 6, 201129,775 shares, last reported balance as of Dec 31, 2010
Sabrina GicalettoJan 6, 201129,828 shares, last reported balance as of Dec 31, 2010
FS PRIVATE INVESTMENTS III LLCDec 22, 201050,998 shares, last reported balance as of Dec 20, 2010
Jefferies High Yield Trading, LLCDec 21, 20106,743,827 shares, last reported balance as of Dec 20, 2010
Britani BowmanApr 10, 20094,083,484 shares, last reported balance as of Apr 8, 2009
Robert PhaneufMar 28, 200814,038 shares, last reported balance as of Nov 10, 2007
John LongmireJul 17, 200717,460 shares, last reported balance as of Jul 2, 2007
John CoxDec 20, 200613,834 shares, last reported balance as of Nov 10, 2006
Lawrence CobenMar 31, 2006204,307 shares, last reported balance as of Mar 30, 2006
Isaac KierMar 31, 200639,307 shares, last reported balance as of Mar 30, 2006
Jon SchotzMar 31, 200620,973 shares, last reported balance as of Mar 30, 2006
David PreiserMay 13, 200418,333 shares, last reported balance as of May 12, 2004
Daniel RiouxNo balance on record
Paul Huffard IVNo balance on record
Nathan WaltonNo balance on record
William CarapucciNo balance on record
David ChangNo balance on record
Allen LiNo balance on record
William TransierNo balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.