Whelan Timothy J 4

What Happened

• Timothy J. Whelan, Senior Vice President — Sales at Alliance Resource Partners (ARLP), had 29,211 restricted units vest on February 17, 2026. The vested units converted to partnership units (transaction code M).
• To cover tax withholding (transaction code F), 13,110 of those units were withheld at the vesting price of $24.37 per unit, a withholding value of $319,491. That leaves a net increase of 16,101 units to Whelan’s holdings.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely filing within the two-business-day window).
• Gross units vested: 29,211; units withheld for taxes: 13,110 at $24.37/unit (withholding value $319,491); net units received: 16,101.
• Transaction codes: M = exercise/conversion of derivative (vesting/conversion of restricted units); F = tax withholding (units withheld to pay tax liability).
• Footnotes: F1 notes issuance based on $24.37/unit; F2 confirms the partnership withheld units to cover taxes at the vesting price; F3 not applicable.
• Shares owned after the transaction are not specified in the provided filing excerpt.

Context

• This was not an open-market sale; it’s a routine vesting of restricted units with a net settlement to cover taxes (common practice). Such tax-withholding dispositions are administrative and do not necessarily signal an intent to reduce holdings beyond the withholding.