Pogo Royalty, LLC, a Director of EON Resources Inc. (EONR), sold 1,071,897 shares of Class A Common Stock on January 21, 2025, at a weighted average price of $1.5876 per share. Following this transaction, Pogo Royalty, LLC still beneficially holds 500,000 shares of Class B Common Stock and an equivalent number of HNRA Upstream, LLC Class B Units which can be exchanged for 500,000 shares of Class A Common Stock. This sale by a director could be interpreted as a bearish signal, so investors should be cautious.