Putman Luke Stevens 4
4 · Black Stone Minerals, L.P. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Black Stone Minerals (BSM) SVP Luke Putman Sells 29,386 Shares
What Happened
- Putman Luke Stevens, Senior Vice President, General Counsel and Secretary of Black Stone Minerals, sold 29,386 common units on May 5, 2026. The reported weighted-average price was $13.75 per unit for total proceeds of about $403,999. The filing lists the sale as an open market or private sale.
Key Details
- Transaction date: 2026-05-05; Form 4 filed: 2026-05-06 (timely filing).
- Transaction type/code: Sale (S) — open market or private sale.
- Amount sold: 29,386 units; weighted-average price: $13.75; total proceeds ≈ $403,999.
- Price range: units were sold in multiple transactions at prices from $13.56 to $14.11 (footnote indicates a weighted average; detailed breakdown available on request).
- Footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted Dec 4, 2025 (pre-arranged trading program).
- Shares owned after transaction: not specified in the provided filing.
Context
- Sales executed under a 10b5-1 plan are pre-scheduled and are commonly used by insiders to avoid questions about timing; they are generally considered routine rather than a direct signal of sentiment. This was a straightforward sale of common units, not an option exercise, gift, or award.
Insider Transaction Report
Form 4
Putman Luke Stevens
SVP, General Counsel, and Sec
Transactions
- Sale
Common units representing limited partner interests
[F1][F2]2026-05-05$13.75/sh−29,386$403,999→ 702,645 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 4, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These common units were sold in multiple transactions at prices ranging from $13.56 to 14.11, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units sold at each separate price within the ranges set forth in this footnote.
Signature
/s/ Luke S. Putman|2026-05-06