DeWalch D Mark 4

What Happened D. Mark DeWalch, a director of Black Stone Minerals, L.P. (BSM), was granted 1,342 common units on 2026-07-02 as an award/compensation for board service. The units were valued at $13.97 each, for a total value of $18,748. This transaction is an award (transaction code A), not an open-market buy or sale.

Key Details

• Transaction date: 2026-07-02
• Transaction type and code: Grant/award (A)
• Quantity and price: 1,342 common units at $13.97 per unit
• Total reported value: $18,748
• Shares/units owned after transaction: Not disclosed in the provided filing excerpt
• Footnote: The units were issued in lieu of a cash retainer for Board service (Reporting Person elected common units instead of cash)
• Filing timeliness: Report filed the same day (2026-07-02) — appears timely

Context This was a compensation grant (units issued instead of a cash retainer) and is routine for board members. Such awards reflect pay practices, not necessarily the director’s view of the company’s near-term prospects. For change in economic exposure or insider sentiment, look for open-market purchases or sales rather than routine compensation grants.