DeWalch D Mark 4
4 · Black Stone Minerals, L.P. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Black Stone Minerals (BSM) Director DeWalch Buys 72,726 Shares
What Happened
Director D. Mark DeWalch purchased a total of 72,726 common units of Black Stone Minerals, L.P. (BSM) in two open‑market transactions (code P). On 2026-05-29 he acquired 36,363 units at a weighted average price reported as $13.48 (≈ $490,028). On 2026-06-01 he acquired another 36,363 units at a weighted average price reported as $13.62 (≈ $495,326). These purchases total approximately $985,354 and are outright buys (a net purchase).
Key Details
- Transaction dates/prices: 2026-05-29 — 36,363 units @ $13.48 (weighted avg; see footnote F1); 2026-06-01 — 36,363 units @ $13.62 (weighted avg; see footnote F2).
- Total units bought: 72,726; approximate total value: $985,354.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 and F2 note the reported prices are weighted averages across multiple trades. F1 prices ranged $13.42–$13.56; F2 ranged $13.54–$13.695. The filer will provide a breakdown on request.
- Filing: Form 4 filed 2026-06-02 reporting these transactions; no late‑filing flag is indicated.
Context
These were open‑market purchases (code P), not grants or option exercises. Purchases by directors are often watched by investors as a potential positive signal, but this summary is factual only and does not speculate on motivation.
Insider Transaction Report
- Purchase
Common units representing limited partner interests
[F1]2026-05-29$13.48/sh+36,363$490,028→ 594,885 total(indirect: By DeWalch Diversified LP) - Purchase
Common units representing limited partner interests
[F2]2026-06-01$13.62/sh+36,363$495,326→ 631,248 total(indirect: By DeWalch Diversified LP)
- 431,495
Common units representing limited partner interests
- 40,809(indirect: By Trust)
Common units representing limited partner interests
- 6,749(indirect: By Spouse)
Common units representing limited partner interests
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $13.42 to $13.56, 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 purchased at each separate price within the ranges set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $13.54 to $13.695, 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 purchased at each separate price within the ranges set forth in this footnote.