Clum Brent W. 4
4 · TXO Partners, L.P. · Filed Feb 4, 2025
Insider Transaction Report
Form 4
Clum Brent W.
DirectorCo-CEO and CFO
Transactions
- Award
Common Units
2025-01-31+52,770→ 417,839 total - Award
Common Units
2025-01-31+60,200→ 478,039 total - Sale
Common Units
2025-01-31$18.59/sh−7,702$143,180→ 470,337 total
Footnotes (3)
- [F1]Reflects phantom units. Each phantom unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The phantom units will vest in three substantially equal installments beginning on January 31, 2026.
- [F2]Reflects performance units. Each performance unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The performance units will vest in two substantially equal installments beginning on January 31, 2026.
- [F3]Represents units sold to satisfy tax withholding obligations incident to the vesting of certain equity awards. This sale is covered under a Rule 10b5-1 trading arrangement. This sale is mandated by the Issuer's policy requiring the satisfaction of tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.