SIMPSON BOB R 4

4 · TXO Partners, L.P. · Filed May 11, 2026

AI-generated summary of this filing

Updated May 11, 2026

TXO Partners (TXO) 10% Owner Bob R. Simpson Buys 750,000 Shares

What Happened

Bob R. Simpson, a 10% owner of TXO Partners and Chairman of TXO GP, LLC (the general partner), purchased a total of 750,000 common units of TXO in open-market transactions between May 7–11, 2026.
Transactions: 87,635 shares at a $12.43 weighted average ($1,089,680); 162,365 shares at $12.50 ($2,030,066); and 500,000 shares at $12.67 ($6,336,750). Total cash spent ≈ $9,456,496. These were purchases (insider buying).

Key Details

Transaction dates: 2026-05-07, 2026-05-08, 2026-05-11. Report filed with the SEC on 2026-05-11 (timely within Form 4 reporting deadlines).
Reported prices shown are weighted averages; footnotes state each purchase was executed in multiple trades at price ranges:
- F1: $12.20–$12.50 (weighted avg $12.43)
- F2: $12.37–$12.60 (weighted avg $12.50)
- F3: $12.57–$12.80 (weighted avg $12.67)
Transaction code: P = Purchase (open market/private purchase).
Shares owned after the transactions: not specified in the filing (not provided in the summary data).
Role note: The reporting person is Chairman of the general partner; as a 10% owner this is a principal/insider transaction rather than routine employee trading.

Context

Insider purchases can be seen by investors as a potentially positive signal, but filings are factual records and do not explain motive.
The filing discloses multiple trades aggregated to weighted-average prices; the filer offers to provide trade-level details to the SEC or security holders upon request.

Form 4

Period: 2026-05-07

Director10% Owner

Transactions

Purchase
Common Units
[F1]
2026-05-07$12.43/sh+87,635$1,089,680→ 6,837,635 total
Purchase
Common Units
[F2]
2026-05-08$12.50/sh+162,365$2,030,066→ 7,000,000 total
Purchase
Common Units
[F3]
2026-05-11$12.67/sh+500,000$6,336,750→ 7,500,000 total

Footnotes (3)

[F1]This transaction was executed in multiple trades at prices ranging from $12.20 to $12.50. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a secruity holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
[F2]This transaction was executed in multiple trades at prices ranging from $12.37 to $12.60. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a secruity holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
[F3]This transaction was executed in multiple trades at prices ranging from $12.57 to $12.80. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a secruity holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Signature

/s/ Brent W. Clum, Attorney-in-fact|2026-05-11

1 file