WARD TOM L. 4
4 · MACH NATURAL RESOURCES LP · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Mach Natural Resources (MNR) 10% Owner Tom L. Ward Buys 153,256 Units
What Happened
Tom L. Ward, reported as a 10% owner and CEO of Mach Natural Resources GP LLC, acquired a total of 153,256 common units of Mach Natural Resources LP. The filings show two purchases of 76,628 units each at $13.05 per unit on April 13, 2026, for aggregate proceeds of $1,999,990. The transactions are reported as purchases (code P), executed in connection with a public underwritten offering.
Key Details
- Transaction dates and prices: April 13, 2026 — 2 purchases of 76,628 units at $13.05 each.
- Total acquired: 153,256 units; total cost ≈ $1,999,990 ($999,995 each).
- Shares/units owned after transaction: not disclosed in this filing.
- Footnotes: purchases occurred in a public underwritten offering per the issuer’s prospectus supplement (Apr 6, 2026); the Tom L. Ward 1992 Revocable Living Trust and WCT Resources LLC each purchased 76,628 units. The reporting person is trustee and exercises control over related entities (Mach Resources, WCT Resources, Foundation) and disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing/timeliness: Form filed April 13, 2026 reporting April 13 transactions; no late-filing indication in the provided data.
- Transaction code: P = Purchase (not a sale, award, gift, or option exercise).
Context
These purchases were made through a public underwritten offering (per the prospectus supplement) rather than an open-market buy; the units were bought by entities tied to Mr. Ward (Trust and WCT Resources). As a 10% owner and GP CEO, reported purchases by or for affiliated trusts are common for ownership structuring and can reflect continued investment, but they do not by themselves explain personal motives.
Insider Transaction Report
- Purchase
Common Units
[F1][F2]2026-04-13$13.05/sh+76,628$999,995→ 13,295,039 total(indirect: By Trust) - Purchase
Common Units
[F1][F5]2026-04-13$13.05/sh+76,628$999,995→ 76,628 total(indirect: By LLC)
- 421,100(indirect: By LLC)
Common Units
[F3] - 167,030(indirect: By Foundation)
Common Units
[F4] - 14,048,879
Common Units
Footnotes (5)
- [F1]As previously disclosed in the Issuer's prospectus supplement dated April 6, 2026, filed with the U.S. Securities and Exchange Commission on April 8, 2026, certain selling unitholders completed a public underwritten offering of the Issuer's common units. The Tom L. Ward 1992 Revocable Living Trust (the "Trust") and WCT Resources LLC ("WCT Resources") each purchased 76,628 common units at a price to the public of $13.05 per unit.
- [F2]The Reporting Person is the Trustee of the Trust. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by the Trust, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly, or indirectly.
- [F3]The Reporting Person exercises control over Mach Resources LLC ("Mach Resources"). Mach Resources is owned 50.5% by Tom L. Ward through the Trust and 49.5% by WCT Resources which is owned by certain trusts affiliated with Mr. Ward. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by Mach Resources, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- [F4]The Reporting Person exercises control over the Tom L. Ward Family Foundation (the "Foundation"). By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by the Foundation, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly, or indirectly.
- [F5]The Reporting Person exercises control over WCT Resources which is owned by certain trusts affiliated with Mr. Ward. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by WCT Resources, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.