HOSMER STEPHEN M (Chief Financial Officer) sold 14.2% of their position (187.18K shares) of ROYALE ENERGY, INC. on the open market

Open‑market sale worth $22.7K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 10 sales

HOSMER STEPHEN M

Filed: 1/2/2020ACC: 0001162677-20-000001

InsiderHOSMER STEPHEN MCIK 1278545

→

IssuerROYALE ENERGY, INC.CIK 1694617

Officer· Chief Financial Officer

Since Sep 2018

-187.18K

Net shares

Net seller

$22.7K

Total sold

Open market trades

0B · 10S

Total transactions

187.18K disposed

Non-Derivative Transactions10

Common Stock

Direct

S · Sale

−500.00

Price / share

$0.13

Trade value

$62.50

% of position

0.0%

12/17/2019

1.31M→1.31M

Common Stock

Direct

S · Sale

−20K

Price / share

$0.13

Trade value

$2.50K

% of position

1.5%

12/17/2019

1.31M→1.29M

Common Stock

Direct

S · Sale

−16.68K

Price / share

$0.12

Trade value

$2K

% of position

1.3%

12/17/2019

1.29M→1.28M

Common Stock

Direct

S · Sale

−4.50K

Price / share

$0.12

Trade value

$539.88

% of position

0.4%

12/20/2019

1.28M→1.27M

Common Stock

Direct

S · Sale

−16.68K

Price / share

$0.12

Trade value

$2K

% of position

1.3%

12/20/2019

1.27M→1.26M

Common Stock

Direct

S · Sale

−20.50K

Price / share

$0.13

Trade value

$2.56K

% of position

1.6%

12/20/2019

1.26M→1.24M

Common Stock

Direct

S · Sale

−90K

Price / share

$0.12

Trade value

$10.80K

% of position

7.3%

12/27/2019

1.24M→1.15M

Common Stock

Direct

S · Sale

−5K

Price / share

$0.12

Trade value

$600.50

% of position

0.4%

12/27/2019

1.15M→1.14M

Common Stock

Direct

S · Sale

−5K

Price / share

$0.13

Trade value

$650.00

% of position

0.4%

12/27/2019

1.14M→1.14M

Common Stock

Direct

S · Sale

−8.33K

Price / share

$0.12

Trade value

$999.12

% of position

0.7%

12/27/2019

1.14M→1.13M

Total

Net shares

−187.18K

Net value

-$22.72K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/17/2019	S · Sale	−500.00	$0.13	$62.50	0.0%	1.31M	1.31M
Common Stock Direct	12/17/2019	S · Sale	−20K	$0.13	$2.50K	1.5%	1.31M	1.29M
Common Stock Direct	12/17/2019	S · Sale	−16.68K	$0.12	$2K	1.3%	1.29M	1.28M
Common Stock Direct	12/20/2019	S · Sale	−4.50K	$0.12	$539.88	0.4%	1.28M	1.27M
Common Stock Direct	12/20/2019	S · Sale	−16.68K	$0.12	$2K	1.3%	1.27M	1.26M
Common Stock Direct	12/20/2019	S · Sale	−20.50K	$0.13	$2.56K	1.6%	1.26M	1.24M
Common Stock Direct	12/27/2019	S · Sale	−90K	$0.12	$10.80K	7.3%	1.24M	1.15M
Common Stock Direct	12/27/2019	S · Sale	−5K	$0.12	$600.50	0.4%	1.15M	1.14M
Common Stock Direct	12/27/2019	S · Sale	−5K	$0.13	$650.00	0.4%	1.14M	1.14M
Common Stock Direct	12/27/2019	S · Sale	−8.33K	$0.12	$999.12	0.7%	1.14M	1.13M
Total			−187.18K		-$22.72K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned12K

Total

12K indirect12K

Security Title	Shares Owned	Ownership Type
Common Stock	12K	Indirect
Total	12K	12K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported