Bolster Brian W 4

What Happened
Brian W. Bolster, a director of XPLR Infrastructure, LP (XIFR), was granted 30,199 restricted common units on Feb 18, 2025 at no cost (award). On Feb 9, 2026, 2,793 of those restricted units were withheld by the issuer to satisfy tax withholding obligations at an implied value of $10.18 per unit, totaling $28,433. The grant was made under the issuer’s 2024 Long Term Incentive Plan.

Key Details

• Award date and terms: 30,199 restricted common units granted 2025-02-18 @ $0.00 (exempt under Rule 16b-3 per footnote).
• Tax withholding/disposition: 2,793 units withheld 2026-02-09 @ $10.18 = $28,433 (reported as a disposition to satisfy tax obligations).
• Footnotes: F1 — restricted units granted under 2024 LTIP (Rule 16b-3 exemption). F2 — units withheld to satisfy tax withholding on vesting of the Feb 18, 2025 grant.
• Shares owned after transaction: Not disclosed in the provided filing.
• Timeliness: The Form 4 was filed 2026-02-11 reporting the 2025-02-18 grant (filed nearly 12 months after the grant date), which reduces near-term transparency.

Context
This was primarily a compensation award (restricted units) rather than an open-market purchase or active sale. The withholding of units to cover taxes is a routine, administrative action (a cashless-like settlement) and does not necessarily indicate a decision to sell for investment reasons. Grants and withholding are common in executive/board compensation plans; purchases by insiders are generally considered more direct indicators of insider conviction.