{"url_path":"/sec/useg/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 Market for Registrant**’**s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities.**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-03-13","source_url":"https://www.sec.gov/Archives/edgar/data/101594/0001437749-26-008057-index.html","accession_number":"0001437749-26-008057","cik":"0000101594","ticker":"USEG","issuer_name":"BIG SKY INDUSTRIAL INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/101594/0001437749-26-008057-index.html","primary_entity_key":"0000101594","primary_entity_name":"US ENERGY CORP"},"word_count":511,"has_tables":true,"body_markdown":"**Item 5. Market for Registrant**’**s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities.**\n\n \n\n**Market Information**\n\n \n\nOur common stock is traded on the Nasdaq Capital Market under the symbol “USEG”.\n\n \n\n**Holders**\n\n \n\nAs of March 6, 2026, we had 44,269,192 shares of common stock issued and outstanding held by approximately 261 stockholders of record.\n\n \n\n55\n\n[Table of Contents](#toc)\n\n \n\n**Dividends**\n\n \n\nOn August 9, 2023, the Board of Directors determined it appropriate to suspend dividend or distribution payments, with the associated future capital resources being allocated towards the Company’s share repurchase program, repayments of the outstanding balance on our credit facility and other Company initiatives. The Board of Directors may or may not reinstate future payments in the future, the amount and frequency of which will be determined at the sole discretion of the Board.\n\n \n\n**Recent Sales of Unregistered Securities**\n\n \n\nThere were no sales of unregistered securities during the year ended December 31, 2025. For the period from January 1, 2025 to the filing date of this report, we sold approximately 8.5 million shares which have previously been reported in a Current Report on Form 8-K.\n\n \n\n**Purchases of Equity Securities by The Issuer and Affiliated Purchasers**\n\n \n\nThe following table sets forth share repurchase activity for the respective periods:\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**Total Number**\n\n \n \n\n**Approximate**\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**of Shares**\n\n \n \n\n**Dollar Value of**\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**Purchased as**\n\n \n \n\n**Shares that**\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**Part of**\n\n \n \n\n**May Yet Be**\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**Publicly**\n\n \n \n\n**Purchased**\n\n \n\n \n \n\n**Total Number**\n\n \n \n\n**Average**\n\n \n \n\n**Announced**\n\n \n \n\n**Under the**\n\n \n\n \n \n\n**of Shares**\n\n \n \n\n**Price Paid Per**\n\n \n \n\n**Plans or**\n\n \n \n\n**Plans or**\n\n \n\n**Period**\n\n \n\n**Purchased**\n\n \n \n\n**Share**\n\n \n \n\n**Programs(1)**\n\n \n \n\n**Programs(1)**\n\n \n\nOctober 1st to October 31st, 2025\n\n \n \n—\n \n \n$\n—\n \n \n \n—\n \n \n$\n3,514,370\n \n\nNovember 1st to November 30th, 2025\n\n \n \n—\n \n \n$\n—\n \n \n \n—\n \n \n$\n3,514,370\n \n\nDecember 1st to December 31st, 2025\n\n \n \n—\n \n \n$\n—\n \n \n \n—\n \n \n$\n3,514,370\n \n\nTotal\n\n \n \n—\n \n \n$\n—\n \n \n \n—\n \n \n$\n3,514,370\n \n\n \n\n \n\n(1)\n\nOn April 26, 2023, the Board of Directors of the Company authorized and approved a share repurchase program for up to $5.0 million of the currently outstanding shares of the Company’s common stock, which was originally extended on March 19, 2024 and more recently extended on January 29, 2025. Subject to any future extensions, the repurchase program is scheduled to expire on June 30, 2026, when a maximum of $5.0 million of the Company’s common stock has been repurchased, or when the program is discontinued by the Company. Under the stock repurchase program, shares may be repurchased from time to time in the open market or through negotiated transactions at prevailing market rates, or by other means in accordance with federal securities laws. Repurchases are made at management’s discretion at prices management considers to be attractive and in the best interests of both the Company and its stockholders, subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company’s financial performance. The repurchase program is funded using the Company’s working capital. The program does not obligate the Company to acquire a minimum amount of shares.\n\n \n(2)\nSee our Consolidated Statements of Changes in Shareholders' Equity for a full roll forward of share activity during the year ended December 31, 2025."}