Carter Thomas L Jr 4

What Happened
Carter Thomas L. Jr., Executive Chairman and Director of Black Stone Minerals, L.P. (BSM), was granted 53,404 restricted common units (reported as an acquisition) on February 4, 2026. The units were issued at $0.00 (no cash paid) as a restricted unit award under the Black Stone Minerals, L.P. 2025 Long‑Term Incentive Plan (LTIP).

Key Details

• Transaction date: 2026-02-04 (Form 4 filed 2026-02-06; appears timely within the 2-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 53,404 common units; reported price $0.00 (total cash paid = $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Units are subject to vesting in three equal installments on Jan 7, 2027; Jan 7, 2028; and Jan 7, 2029, contingent on continuous employment (see LTIP and award agreement).

Context
These are restricted common units granted as compensation under the LTIP, not an open‑market purchase or sale. Vesting is time‑based over three years and depends on continued service; awards like this are routine executive compensation and do not by themselves indicate a trading view.