TXO Partners (TXO) Bob R. Simpson Buys 150,000 Shares

What Happened
Bob R. Simpson, a 10% owner and Chairman of TXO GP, LLC (the general partner of TXO Partners, L.P.), acquired a total of 150,000 TXO shares in two purchases: 25,000 shares on 2026-08-12 at a weighted average price of $14.43 ($360,758) and 125,000 shares on 2026-08-13 at a weighted average price of $14.32 ($1,789,788). Total consideration for the transactions is about $2,150,546. These were purchases (not sales).

Key Details

• Transaction dates and prices:
  • 2026-08-12: 25,000 shares at $14.43 (weighted average; footnote indicates trades ranged $14.40–$14.48).
  • 2026-08-13: 125,000 shares at $14.32 (weighted average; footnote indicates trades ranged $14.23–$14.40).
• Total shares acquired: 150,000; total value ≈ $2,150,546.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 and F2 note each reported line reflects a weighted average of multiple trades and provide the per-trade price ranges; reporting person offers to supply full trade details on request.
• Filing timeliness: Form filed 2026-08-13 for trades on 8/12 and 8/13 — appears to have been reported promptly.

Context
Simpson is a control owner and chairman of the general partner (not just a rank-and-file executive). Purchases by 10% owners or control persons can signal support for the company but should be interpreted differently than trades by operating executives. The filing is a straightforward purchase report (no options exercised, awards, gifts, or tax withholdings noted).