LUMINUS MANAGEMENT LLC

PrivateCIK: 1279151
Location

HOUSTON, TX

LUMINUS MANAGEMENT LLC sold 48.5% of their position (1.89M shares) of BATTALION OIL CORP on the open market

Open‑market sale worth $8.63M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales
InsiderLUMINUS MANAGEMENT LLCCIK 1279151
IssuerBATTALION OIL CORPCIK 1282648
10% Owner
Since Oct 2019
-227.30K
Net shares
Net seller
$8.63M
Total sold
3
Open market trades
0B · 3S
7
Total transactions
1.81M acquired · 2.04M disposed
Non-Derivative Transactions4

Common Stock

Indirect
S · Sale

Shares

681.11K

Price / share

$5.59

Trade value

$3.81M

% of position

32.5%
3/30/2026
2.10M1.42M

Common Stock

Indirect
C · Conversion

Shares

+1.80M

Price / share

Trade value

% of position

127.1%
3/30/2026
1.42M3.22M

Common Stock

Indirect
S · Sale

Shares

872.59K

Price / share

$3.85

Trade value

$3.36M

% of position

27.1%
3/31/2026
3.22M2.34M

Common Stock

Indirect
S · Sale

Shares

336.79K

Price / share

$4.33

Trade value

$1.46M

% of position

14.4%
3/31/2026
2.34M2.01M
Total

Net shares

90.48K

Net value

-$8.63M

Derivative Transactions3

Series A-2 Redeemable Convertible Preferred Stock

Indirect
C · Conversion
Converts to

Common Stock

Shares

+7.80K

Strike price

Held after

9.41K

Exercisable

3/30/2026

Cash-Settled Total Return Swaps

Indirect
S · Sale
Converts to

Common Stock

131.29K shares

Shares

131.29K

Strike price

Held after

0.00

Exercisable

3/30/2026

Cash-Settled Total Return Swaps

Indirect
S · Sale
Converts to

Common Stock

13.33K shares

Shares

13.33K

Strike price

Held after

0.00

Exercisable

3/30/2026
LUMINUS MANAGEMENT LLC — Insider Transaction (Form 4) Filed Apr 1, 2026 | Finecho