DeWalch D Mark 4

What Happened D. Mark DeWalch, a director of Black Stone Minerals, L.P. (BSM), was granted/received 1,240 common units on April 2, 2026 at an effective price of $15.12 per unit, for a total value of $18,749. The transaction is reported under code "A" (grant/award/other acquisition) and reflects receipt of equity in lieu of a cash retainer.

Key Details

• Transaction date and price: 2026-04-02 — 1,240 units @ $15.12 each (total $18,749).
• Transaction type: A (award/grant/other acquisition); units received as director compensation.
• Shares owned after transaction: Not specified in the filing excerpt.
• Footnote: Reporting person elected to receive common units in lieu of a cash retainer for service on the Board of Directors of the Partnership's General Partner.
• Filing timeliness: Report filed 2026-04-06 (timely — within required business-day window).

Context This was a compensation-related award of common units to a board member, not an open-market purchase or sale. Such grants are routine for director pay and do not, by themselves, indicate the insider’s view on the company’s short-term stock direction. The filing does not show a subsequent sale or cashless exercise tied to these units.