KETCHUM JOHN W 4

What Happened John W. Ketchum, a director of XPLR Infrastructure, LP (XIFR), was granted 87,663 restricted common units on February 17, 2026. The units were awarded at an acquisition price of $0.00 (total reported cash value $0), i.e., this was a compensation grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (filed promptly the next day).
• Amount: 87,663 restricted common units; acquisition price reported as $0.00.
• Shares/units owned following the transaction: not specified in the provided filing information.
• Footnote: Units are "Restricted Common units" granted under the Issuer’s 2024 Long Term Incentive Plan and are exempt under Rule 16b-3 (standard exemption for compensatory awards to insiders).
• Transaction type: Award/Grant (A); not a purchase or sale.

Context Restricted unit grants are a form of executive/director compensation and typically carry vesting and transfer restrictions, so they do not necessarily represent an immediate market-directional bet by the insider. For retail investors, outright purchases can be a stronger signal of personal conviction; awards are primarily compensation and routine for management/directors.