Form 4 for TXO TXO Partners, L.P.
Accepted 2025-04-01 00:00:00 ET · period of report 2025-04-01 · accession 0001559432-25-000049 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-04-01 | 2025-04-01 | TXO | Clum Brent W. | CFO, Co-CEO, Dir | A - Grant | $0.00 | +200.0K | 670.3K | +43% | $0 |
| 2025-04-01 | 2025-04-01 | TXO | Clum Brent W. | CFO, Co-CEO, Dir | S - Sale | $19.08 | -31.5K | 638.8K | -5% | -$601.3K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Units | 2025-04-01 | A | A | 100,000 | $0.00 | 570,337 | D | — | — | (F1) Reflects the grant of common units with immediate vesting. |
| 2 | Common | Common Units | 2025-04-01 | A | A | 100,000 | $0.00 | 670,337 | D | — | — | (F2) Reflects phantom units. Each phantom unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The phantom units will vest in one year on April 1, 2026. |
| 3 | Common | Common Units | 2025-04-01 | S | D | 31,517 | $19.08 | 638,820 | D | — | — | (F3) 3. Represents units sold to satisfy tax withholding obligations incident to the vesting of certain equity awards. This sale is covered under a Rule 10b5-1 trading arrangement. This sale is mandated by the Issuer's policy requiring the satisfaction of tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. |