COLLINGSWORTH JAMES M 4
Research Summary
AI-generated summary
Martin Midstream (MMLP) Director James Collingsworth Receives 23,200-Share Award
What Happened
- James M. Collingsworth, a director of Martin Midstream GP LLC (the general partner of Martin Midstream Partners L.P.), was granted 23,200 restricted common units/shares on February 17, 2026. The award price reported was $2.80 per share, for a total reported value of $64,999. This transaction is a compensation-related award (not an open-market purchase).
Key Details
- Transaction date and type: 2026-02-17 — Grant/Award of restricted stock (code A).
- Price and value: 23,200 shares at $2.80 each; total value reported $64,999.
- Footnote: F1 — Grant of restricted stock award.
- Filing: Report filed 2026-02-19 (two days after the transaction), which appears timely under standard Form 4 rules.
- Shares owned after transaction: Not specified in the provided filing details.
Context
- Restricted stock awards are a form of compensation and typically vest over time or subject to conditions; they don’t necessarily indicate an immediate personal buy/sell decision by the insider.
- The filing notes Collingsworth’s role with the general partner, which is standard disclosure for partner-level insiders.