Reel Michael E 4
4 · MACH NATURAL RESOURCES LP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
MACH Natural Resources (MNR) General Counsel Michael Reel Receives Award
What Happened
Michael E. Reel, General Counsel and Secretary of Mach Natural Resources GP LLC (the general partner of MACH Natural Resources LP), was granted 5,151 common units of the issuer under the company's 2023 Long-Term Incentive Plan (total value $65,006 at $12.62/unit). The issuer withheld 2,532 of those units to satisfy tax withholding obligations (value ~$31,954), leaving 2,619 units retained (approx. $33,052).
Key Details
- Transaction types: Award/Grant (Code A) and tax withholding (Code F).
- Grant date: 2026-02-09 — 5,151 units @ $12.62 (total $65,006).
- Withholding date/filing: 2026-02-11 — 2,532 units withheld @ $12.62 (total $31,954).
- Net units retained from the grant: 2,619 units (approx. $33,052).
- Footnotes: F1 — grant made under the 2023 Long-Term Incentive Plan; F2 — issuer withheld units to satisfy tax withholding.
- Shares owned after transaction: not disclosed in the filing.
- Filing timeliness: filed on 2026-02-11 for a 2026-02-09 grant — appears timely (no late filing flag).
Context
This was an equity award, not an open-market purchase or a sale. The withholding of units to cover taxes is a routine administrative step (similar to a cashless exercise) and does not necessarily indicate a change in the insider's market view. The reporting person is an officer of the general partner; the issuer is managed by the GP’s directors and executive officers.
Insider Transaction Report
- Award
Common Units
[F1]2026-02-09$12.62/sh+5,151$65,006→ 88,348 total - Tax Payment
Common Units
[F2]2026-02-11$12.62/sh−2,532$31,954→ 85,816 total
Footnotes (2)
- [F1]Represents the grant of common units (the "Grant") of the Issuer under the Issuer's 2023 Long-Term Incentive Plan.
- [F2]The Issuer withheld units to satisfy tax withholding obligations associated with the Grant.