IKAV General Partner S.a r.l. 4

What Happened

• IKAV General Partner S.a r.l., a 10% owner reporting person, sold a total of 5,557,679 common units of Mach Natural Resources LP (MNR) in two transactions on April 8, 2026. The sales were reported at $12.81 per unit: 4,612,874 units for $59,090,916 and 944,805 units for $12,102,952, for aggregate proceeds of approximately $71,193,868. Both transactions are listed as open‑market or private sales (code S). This is a disposition (sale), not a purchase.

Key Details

• Transaction dates and prices: April 8, 2026 — 4,612,874 units @ $12.81 and 944,805 units @ $12.81.
• Total shares sold: 5,557,679 units; total proceeds: ~$71.2 million.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • The sold units were held of record by two entities (VEPU Inc. and SIMLOG Inc.) controlled through a chain of investment entities tied to IKAV General Partner; footnotes F1 and F2 explain the ownership chain.
  • Reporting persons disclaim beneficial ownership except to the extent of pecuniary interest (F3) and note potential group status with a disclaimer (F4).
• Filing: Reported on Form 4 filed April 10, 2026, covering trades on April 8, 2026 (no indication in the excerpt that the filing was late).

Context

• This filing reflects institutional/affiliate selling from a 10% owner structure rather than an individual executive's personal trade. Such dispositions can be routine (portfolio rebalancing or other institutional reasons); the filing itself does not state the sellers’ motivations.