Hickson Mark E 4

What Happened Mark E. Hickson, a director of XPLR Infrastructure, LP (XIFR), received a grant of 32,232 restricted common units on 2025-02-18 under the Issuer’s 2024 Long Term Incentive Plan (award, code A). On 2026-02-09, 3,887 of those units were withheld by the issuer to satisfy tax withholding obligations (code F) at a per-unit value of $10.18, totaling approximately $39,570. The grant was exempt under Rule 16b-3; the withholding was a tax-related disposition, not an open-market sale.

Key Details

• Transaction dates: Award granted 2025-02-18; withholding/tax disposition 2026-02-09. Filing date: 2026-02-11.
• Prices/values: Awarded units valued at $0.00 in the grant record; withheld units disposed at $10.18 each, total ≈ $39,570.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — Awarded restricted common units under the 2024 LTIP (exempt under Rule 16b-3). F2 — Units were withheld by the issuer to satisfy tax withholding on vesting of restricted units granted Feb 22, 2023; Feb 20, 2024; and Feb 18, 2025.
• Transaction codes: A = Award/Grant; F = Tax withholding (withheld units to cover taxes).

Context Withholding units to cover taxes is a routine administrative action and does not indicate an open-market sale or a change in insider sentiment. The initial award represents a compensation grant (restricted units typically vest over time); the withheld units were used to meet withholding obligations at vesting.