ROYL · Royale Energy, Inc. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“We have had recurring operating and net losses and cash used in operations, and the financial statements reflect a working capital deficiency of $12,927,831 and an accumulated deficit of $96,199,116. These factors raise substantial doubt about our ability to continue as a going concern. We anticipate that our primary sources of liquidity will be from the sale of oil and gas in the course of normal operations, the sale of oil and gas property, sales of participation interests, and the possible issuance of debt and/or equity. Management has plans to continue to increase revenues by making commitments to participate with industry partners in drilling wells in the Permian basin and will also continue to drill and workover wells in our Texas Jameson field. Although there are no assurances, Management believes that expected increases in revenue together with reduced capital expenditures for drilling will improve the Company's liquidity position; however, these plans have not alleviated the substantial doubt about our ability to continue as a going concern for the twelve months following the date these financial statements are issued.”View the 10-Q filed Aug 31, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2022-09-27 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services in lieu of cash pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.0693 per share on September 23, 2022. |
Common Stock
|
3,073,682 |
| 2022-08-26 | Gregory Jonathan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gregory as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.0705 per share on May 25, 2022 and $0.0725 per share on August 26, 2022. |
Common Stock
|
82,759 |
| 2022-08-26 | RIGGS MEL G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Riggs as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.0705 per share on May 25, 2022 and $0.0725 per share on August 26, 2022. |
Common Stock
|
73,563 |
| 2022-05-25 | RIGGS MEL G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Riggs as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.0705 per share on May 25, 2022 and $0.0725 per share on August 26, 2022. |
Common Stock
|
226,950 |
| 2022-05-25 | Gregory Jonathan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gregory as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.0705 per share on May 25, 2022 and $0.0725 per share on August 26, 2022. |
Common Stock
|
340,426 |
| 2021-06-28 | Gregory Jonathan |
Director |
Sell↓
|
Common Stock
|
35,000 |
| 2021-06-23 | Gregory Jonathan |
Director |
Sell↓
|
Common Stock
|
38,000 |
| 2021-06-16 | Gregory Jonathan |
Director |
Sell↓
|
Common Stock
|
15,000 |
| 2021-06-16 | Gregory Jonathan |
Director |
Sell↓
|
Common Stock
|
12,000 |
| 2021-06-01 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.09 per share on June 1, 2021. |
Common Stock
|
160,941 |
| 2021-05-01 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on May 1, 2021. |
Common Stock
|
152,493 |
| 2021-04-01 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on April 1, 2021. |
Common Stock
|
131,795 |
| 2021-03-31 | Gregory Jonathan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gregory as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on March 31, 2021. |
Common Stock
|
54,546 |
| 2021-03-31 | RIGGS MEL G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Riggs as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on March 31, 2021. |
Common Stock
|
72,728 |
| 2021-03-31 | Vogel Robert J |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Vogel as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on March 31, 2021. |
Common Stock
|
72,728 |
| 2021-03-31 | GLADNEY THOMAS M |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gladney as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on March 31,2021. |
Common Stock
|
72,728 |
| 2021-03-01 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.15 per share on March 1, 2021. |
Common Stock
|
90,597 |
| 2021-02-09 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.13 per share on February 9, 2021. |
Common Stock
|
122,071 |
| 2021-02-02 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.16 per share on February 2, 2021. |
Common Stock
|
85,287 |
| 2021-01-01 | RIGGS MEL G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Riggs as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.09 per share as of close of business December 31, 2020. |
Common Stock
|
80,000 |
| 2021-01-01 | Gregory Jonathan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gregory as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.09 per share on December 31, 2020. |
Common Stock
|
60,000 |
| 2021-01-01 | GLADNEY THOMAS M |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gladney as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.09 per share as of close of business December 31, 2020. |
Common Stock
|
80,000 |
| 2021-01-01 | Vogel Robert J |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Vogel as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.09 per share as of close of business December 31, 2021 |
Common Stock
|
80,000 |
| 2020-12-01 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.10 per share on December 1, 2020. |
Common Stock
|
144,859 |
| 2020-09-30 | RIGGS MEL G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Riggs as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.12 per share on September 30, 2020. |
Common Stock
|
66,667 |
| 2020-09-30 | Vogel Robert J |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Vogel as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.12 per share on September 30, 2020. |
Common Stock
|
66,667 |
| 2020-09-30 | Gregory Jonathan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gregory as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.12 per share on September 30, 2020. |
Common Stock
|
50,000 |
| 2020-09-30 | Gregory Jonathan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gregory as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.12 per share on September 30, 2020. |
Common Stock
|
50,000 |
| 2020-09-30 | GLADNEY THOMAS M |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gladney as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.12 per share on September 30, 2020. |
Common Stock
|
66,667 |
| 2020-09-02 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.148 per share on September 2, 2020. |
Common Stock
|
110,522 |
| 2020-07-30 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.15 per share on July 29, 2020. |
Common Stock
|
87,956 |
| 2020-07-02 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.14 per share on July 1, 2020. |
Common Stock
|
95,882 |
| 2020-07-02 | Gregory Jonathan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gregory as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.14 per share on July 1, 2020. |
Common Stock
|
42,858 |
| 2020-07-02 | Kerns Karen |
Director, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Ms. Kerns as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.14 per share on July 1, 2020. |
Common Stock
|
57,143 |
| 2020-07-02 | GLADNEY THOMAS M |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gladney as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.14 per share on July 1, 2020. |
Common Stock
|
57,143 |
| 2020-07-02 | RIGGS MEL G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Riggs as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.14 per share on July 1, 2020. |
Common Stock
|
57,143 |
| 2020-07-02 | Vogel Robert J |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Vogel as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.14 per share on July 1, 2020. |
Common Stock
|
57,143 |
| 2020-06-02 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16b-3(d). Share price based on the closing stock price of $0.16 per share on 6/2/2020. |
Common Stock
|
83,918 |
| 2020-05-04 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16b-3(d). Share price based on the closing stock price of $0.15 per share on May 1, 2020. |
Common Stock
|
89,160 |
| 2020-04-22 | GLADNEY THOMAS M |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gladney as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on April 21, 2020. |
Common Stock
|
145,455 |
| 2020-04-22 | Gregory Jonathan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Gregory as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on April 21, 2020. |
Common Stock
|
109,091 |
| 2020-04-22 | RIGGS MEL G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Riggs as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on April 21, 2020. |
Common Stock
|
145,455 |
| 2020-04-22 | Vogel Robert J |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Vogel as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on April 21, 2020. |
Common Stock
|
145,455 |
| 2020-04-22 | Kerns Karen |
Director, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Ms. Kerns as compensation for services pursuant to Rule 16(b)-3(d). Share price based on the closing stock price of $0.11 per share on April 21, 2020. |
Common Stock
|
145,455 |
| 2020-04-06 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16b-3(d). Share price based on the closing stock price of $0.09 per share on April 3, 2020. |
Common Stock
|
149,035 |
| 2020-02-27 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16b-3(d). Share price based on the closing stock price of $0.1418 per share on February 17, 2020. |
Common Stock
|
110,129 |
| 2020-01-31 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16b-3(d). Share price based on the closing stock price of $0.16 per share on January 31, 2020. |
Common Stock
|
97,583 |
| 2020-01-15 | Gregory Jonathan |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Planned sale pursuant to 10b5-1 Plan. |
Common Stock
|
10,000 |
| 2020-01-10 | Jordan Johnny |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Shares issued to Mr. Jordan as compensation for services pursuant to Rule 16b-3(d). Share price based on the closing stock price of $0.13 per share on January 10, 2020. |
Common Stock
|
170,051 |