KELLEY BYRON R 4

What Happened

Byron R. Kelley, a director of Martin Midstream GP LLC (the general partner of Martin Midstream Partners L.P.), was granted a restricted stock award of 23,200 common units/shares on February 17, 2026. The filing reports an acquisition at a per-share price of $2.80 for a reported total value of $64,999. The transaction is reported as an award/grant (transaction code A).

Key Details

• Transaction date: 2026-02-17
• Reported price: $2.80 per share; reported total value $64,999
• Shares involved: 23,200 (restricted stock award; footnote F1 confirms this)
• Shares owned after the transaction: not reported in the filing
• Filing date: 2026-02-19 (no late filing indicated in the report)
• Footnote: F1 — Grant of restricted stock award
• Remark: Kelley is a director of Martin Midstream GP LLC (the partnership's general partner)

Context

A restricted stock award is a form of compensation that typically vests over time and may carry transfer restrictions until vesting; it is not an open‑market purchase or sale. Grants to directors are commonly part of routine compensation and should be interpreted as such rather than as a direct buy/sell market signal.