Hallador Energy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:HNRG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Nov 24	SellUS$217,315	Hallador Investment Advisors, Inc.	Company	16,692	US$13.05
19 Nov 24	SellUS$890,348	Hallador Investment Advisors, Inc.	Company	68,691	US$13.11
06 Sep 24	BuyUS$149,265	Charles Wesley	Individual	25,000	US$5.97
29 Aug 24	BuyUS$27,750	Zarrell Gray	Individual	4,000	US$7.75
26 Aug 24	BuyUS$88,984	Zarrell Gray	Individual	14,000	US$6.43
22 Aug 24	BuyUS$114,000	Zarrell Gray	Individual	20,000	US$6.05
16 Aug 24	BuyUS$28,825	Charles Wesley	Individual	5,000	US$5.77
22 Mar 24	BuyUS$240,136	Charles Wesley	Individual	46,100	US$5.25

Insider Buying: HNRG insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.6%.

Top 25 shareholders own 66.17% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.2%	Lubar & Co., Inc.	5,180,256	US$69.1m	-4.98%	81.03%
5.1%	Hallador Investment Advisors, Inc.	2,175,122	US$29.0m	0%	72.4%
4.74%	Aegis Financial Corporation	2,021,102	US$27.0m	0%	7.08%
4.6%	Steven Hardie	1,962,500	US$26.2m	0%	no data
4.46%	ALJ Regional Holdings, Inc.	1,900,000	US$25.3m	0%	no data
4.37%	BlackRock, Inc.	1,862,075	US$24.8m	6.86%	no data
4.01%	Dimensional Fund Advisors LP	1,710,065	US$22.8m	11%	no data
3.35%	The Vanguard Group, Inc.	1,429,119	US$19.1m	11.6%	no data
3.09%	Brent Bilsland	1,315,374	US$17.5m	-7.16%	no data
1.93%	Heartland Advisors, Inc.	822,000	US$11.0m	0%	0.52%
1.82%	Empyrean Capital Partners, LP	775,000	US$10.3m	55%	0.58%
1.76%	Bridgeway Capital Management, LLC	749,894	US$10.0m	3.09%	0.15%
1.58%	Geode Capital Management, LLC	672,801	US$9.0m	4.2%	no data
1.52%	American Century Investment Management Inc	647,853	US$8.6m	16.6%	no data
1.44%	Renaissance Technologies LLC	613,055	US$8.2m	-7.06%	0.01%
1.39%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	593,519	US$7.9m	58.3%	no data
1.23%	State Street Global Advisors, Inc.	525,123	US$7.0m	1.5%	no data
1.17%	Bryan Lawrence	499,746	US$6.7m	0%	no data
1.04%	Lawrence Martin	445,281	US$5.9m	0%	no data
1.03%	Taconic Capital Advisors L.P.	439,724	US$5.9m	0%	1.11%
1.02%	Apis Capital Advisors, LLC	434,000	US$5.8m	0%	3.23%
0.88%	B. Riley Wealth Advisors, Inc.	376,250	US$5.0m	0%	0.11%
0.82%	Castleknight Management LP	350,497	US$4.7m	0%	0.53%
0.82%	Balyasny Asset Management L.P.	350,441	US$4.7m	-12.9%	0.01%
0.82%	Beryl Capital Management LLC	347,398	US$4.6m	0%	0.87%