|4Feb 19, 9:33 AM ET

CORDLE MEGAN J 4

4 · ALLIANCE RESOURCE PARTNERS LP · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

ARLP VP Megan Cordle Receives Restricted Units; 2,992 Withheld

What Happened
Megan J. Cordle, VP, Controller and CAO of Alliance Resource Partners (ARLP), had 6,086 restricted units issued/converted to partnership units on February 17, 2026. To cover tax withholding, 2,992 units were surrendered at a vesting price of $24.37 (yielding $72,915). The net units retained by Cordle from this issuance are 3,094 units (6,086 issued minus 2,992 withheld). This was a vesting/award event (not an open-market purchase or sale).

Key Details

  • Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely filing).
  • Award/Conversion: 6,086 restricted units converted/issued (reported as derivative exercise/conversion).
  • Tax withholding: 2,992 units withheld/disposed at $24.37 per unit = $72,915.
  • Net units retained from this issuance: 3,094 units.
  • Footnotes: Units issued based on ARLP unit price of $24.37; units were withheld by the Partnership to cover tax liability at that price.
  • Total holdings after the transaction are not stated on the filing (only the net units from this issuance are reported).

Context
This filing documents a routine vesting/issuance of restricted units and the Partnership’s tax-withholding by retaining units. Such withholding is a common administrative step and does not by itself indicate an intentional market sale or a directional trading signal.

Insider Transaction Report

Form 4
Period: 2026-02-17
CORDLE MEGAN J
VP, CONTROLLER AND CAO
Transactions
  • Exercise/Conversion

    Common unit

    [F1]
    2026-02-17+6,08651,434 total
  • Tax Payment

    Common unit

    [F2]
    2026-02-17$24.37/sh2,992$72,91548,442 total
  • Exercise/Conversion

    Restricted unit

    [F1][F3]
    2026-02-176,0860 total
    From: 2026-02-17Common unit (6,086 underlying)
Footnotes (3)
  • [F1]The restricted units were issued on February 17, 2026 based upon an ARLP unit price of $24.37.
  • [F2]Upon issuance, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $24.37.
  • [F3]Not applicable
Signature
/s/ Megan J. Cordle by Kenneth Hemm, pursuant to power of attorney dated February 28, 2022|2026-02-19

Documents

1 file
  • 4
    form4-02192026_020248.xmlPrimary