Epsilon Energy Ltd. — Director's Dealing 2026

Jan 23, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Epsilon Energy Ltd. (EPSN)
CIK: 0001726126
Period of Report: 2026-01-22

Reporting Person: Stankowski Jason (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-22	Common Shares	A	13598	—	Acquired	58069	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	334726	Indirect

Footnotes

F1: A grant of 13,598 shares of common stock represented by time-based restricted stock units. The shares vest evenly over three years (12/31/26, 12/31/27, and 12/31/28).

F2: The securities reported herein are held in multiple accounts managed by Clayton Partners LLC ("Clayton"), of which Jason Stankowski is a portfolio manager. Clayton may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Mr. Stankowski may be deemed to be a beneficial owner of such securities by virtue of his role as a portfolio manager of Clayton. Mr. Stankowski disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.