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|4Feb 18, 4:13 PM ET

Hickson Mark E 4

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XPLR Infrastructure Director Mark E. Hickson Receives 28,663-Unit Award

What Happened
Mark E. Hickson, a director of XPLR Infrastructure, LP (XIFR), received an award of 28,663 restricted common units on February 17, 2026. The units were granted at $0.00 per unit (no cash paid) as reported on a Form 4 filed February 18, 2026. The transaction is coded as an award/grant (A).

Key Details

  • Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely filing).
  • Amount granted: 28,663 restricted common units; acquisition price: $0.00; aggregate cash value reported: $0.
  • Transaction type/code: A (award/grant).
  • Shares/units owned after transaction: not specified in the filing.
  • Footnote: Units granted pursuant to the issuer’s 2024 Long Term Incentive Plan; grant exempt under Rule 16b-3.

Context
Restricted common units are typically compensation awards and are usually subject to vesting or other transfer restrictions; they are not an open-market purchase and do not by themselves indicate the insider’s personal market view. The Rule 16b-3 exemption noted in the filing is standard for compensatory grants to directors and officers under an approved equity plan.