---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-008775"
form_type: "8-K"
ticker: "USEG"
cik: "0000101594"
company_name: "US ENERGY CORP"
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T09:29:45.555898+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# U.S. Energy extends $5M buyback to June 2025; grants CEO 340k, CFO 180k restricted shares

## Summary
- Board extended existing $5.0M share repurchase program from June 30, 2024 to June 30, 2025; approx $4.2M remains available.
- CEO Ryan L. Smith awarded 340,000 restricted shares (170,000 time-vesting; 170,000 price-vesting at $2.00 for 20 consecutive trading days).
- CFO Mark L. Zajac awarded 180,000 restricted shares vesting 1/3 annually over three years.
- Both awards under 2022 Equity Incentive Plan; vesting subject to continued service.

## SEC filing metadata
- accession: 0001437749-24-008775
- form_type: 8-K
- ticker: USEG
- cik: 0000101594
- company_name: US ENERGY CORP
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101594/000143774924008775/0001437749-24-008775-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101594/000143774924008775/useg20240321_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-008775
- JSON: https://secwatch.observer/filing/0001437749-24-008775.json
- Plain text: https://secwatch.observer/filing/0001437749-24-008775.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.