SIMPSON BOB R 4

What Happened
Bob R. Simpson, a 10% owner of TXO Partners, L.P. and Chairman of TXO GP, LLC (the general partner), acquired a total of 600,000 common units of TXO in open‑market purchases on June 2–3, 2026. The filings show 230,847 units purchased on June 2 at a weighted average price of $13.41 (total ~$3,096,374) and 369,153 units purchased on June 3 at a weighted average price of $13.91 (total ~$5,135,398), for combined consideration of about $8,231,772. These were purchases (acquisitions), which investors often view as a positive signal, though the filing does not state motives.

Key Details

• Transaction dates: 2026-06-02 (230,847 units @ $13.41, ~$3.096M) and 2026-06-03 (369,153 units @ $13.91, ~$5.135M); combined 600,000 units, ~$8.232M.
• Footnotes: F1 notes June 2 trades executed across prices $13.14–$13.48 (weighted avg reported); F2 notes June 3 trades across $13.50–$14.05 (weighted avg reported). Reporting person can provide trade-level price/quantity on request.
• Shares owned after transaction: not specified in the provided summary of the Form 4.
• Filing timeliness: Report filed with the SEC on 2026-06-03 for transactions on 2026-06-02–03 — appears timely under Form 4 rules.
• Role disclosure: Remarks state Simpson is Chairman of TXO GP, LLC, the issuer’s general partner; the issuer is managed by the GP’s board and officers.

Context
These were straightforward open‑market purchases (code P), not option exercises, awards, gifts, or withholding. As a 10% owner and chairman of the general partner, Simpson is a significant insider/holder; increases in insider ownership can matter to investors, but the filing itself does not explain motivation or intended holding period.