IKAV General Partner S.a r.l. 4
4 · MACH NATURAL RESOURCES LP · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
MACH Natural Resources (MNR) 10% Owner IKAV Disposes 1.42M Shares
What Happened
IKAV General Partner S.a r.l., reported as a 10% owner, recorded a disposition of 1,422,476 common units of MACH Natural Resources LP (MNR) on May 15, 2026. The units were reported at $14.06 each for a total value of $20,000,013. The Form 4 uses transaction code J ("other acquisition or disposition"); a footnote explains these units were retired and cancelled under a settlement agreement and amendment to a membership interest purchase agreement (not an open-market sale).
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (appears timely).
- Price: $14.06 per unit; Total reported value: $20,000,013.
- Shares involved: 1,422,476 common units retired/cancelled.
- Shares owned after transaction: Not specified in the filing.
- Ownership chain (footnotes): the units were held of record by VEPU Inc., which is owned/controlled through a chain of entities ending with IKAV General Partner S.a r.l. and ultimately Constantin von Wasserschleben; the reporting parties disclaim beneficial ownership except to the extent of pecuniary interest.
- Nature of transaction: unit retirement/cancellation under a settlement and amended purchase agreement (per footnote), not described as a market sale.
Context
This disclosure relates to an institutional/affiliate transaction — a contractual retirement/cancellation of units as part of a purchase/settlement arrangement — rather than an executive selling shares on the open market. Such retirements adjust the issuer’s outstanding units per the terms of the membership interest purchase agreement and do not necessarily indicate trading intent by an individual insider.
Insider Transaction Report
- Other
Common Units
[F1][F2][F4][F5]2026-05-15$14.06/sh−1,422,476$20,000,013→ 19,371,999 total(indirect: See footnote)
- 4,259,110(indirect: See footnote)
Common Units
[F3][F4][F5]
Footnotes (5)
- [F1]On May 6, 2026, SIMLOG INC., VEPU Inc. and Mach Natural Resources LP (the "Issuer") entered into a settlement agreement and third amendment to membership interest purchase agreement, pursuant to which, among other things, 1,422,476 common units held by VEPU Inc. were retired and cancelled to reflect the final adjusted purchase price under that certain Membership Interest Purchase Agreement, dated as of July 9, 2025, by and among SIMLOG INC., VEPU Inc. and the Issuer.
- [F2]These common units are held directly by VEPU Inc., which is wholly owned by IDI Investment S.a r.l., which is controlled by IKAV SICAV FIS SCA, whose general partner is IKAV General Partner S.a r.l., which is wholly owned by Institut fur Kapitalanlagen und Vesicherungslosungen GmbH, whose majority owner is Constantin von Wasserschleben. This statement is jointly filed by and on behalf each of the foregoing entities and Mr. von Wasserschleben. As such, each of the foregoing entities and Mr. von Wasserschleben may be deemed to share beneficial ownership of the securities held of record by VEPU Inc.
- [F3]These common units are held directly by SIMLOG Inc., which is wholly owned by Simlog S.a r.l., which is controlled by IKAV SICAV FIS SCA, whose general partner is IKAV General Partner S.a r.l., which is wholly owned by Institut fur Kapitalanlagen und Vesicherungslosungen GmbH, whose majority owner is Mr. von Wasserschleben. This statement is jointly filed by and on behalf each of the foregoing entities and Mr. von Wasserschleben. As such, each of the foregoing entities and Mr. von Wasserschleben may be deemed to share beneficial ownership of the securities held of record by SIMLOG Inc.
- [F4]The reporting persons each disclaim beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such reporting person in such securities. Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such reporting person is, for purposes of Section 16 of the Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement.
- [F5]The reporting persons may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Exchange Act. The reporting persons declare that neither the filing of this statement nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.