ALLIANCE RESOURCE PARTNERS LP·4

Feb 19, 9:36 AM ET

Watson Mark Allen 4

Research Summary

AI-generated summary

Updated

ARLP SrVP Mark Watson Receives Award; Shares Withheld for Taxes

What Happened

  • Mark Watson, Senior Vice President — Operations & Technology at Alliance Resource Partners (ARLP), was issued 12,317 restricted units on February 17, 2026 (conversion/exercise of a derivative). The units were issued at a vesting/unit price of $24.37, giving a gross grant value of roughly $300,164.
  • To cover tax withholding, 5,711 of those units were withheld by the partnership at $24.37, a withholding value of $139,177. That leaves a net issuance to Watson of 6,606 units (approximately $160,987). This is an award/vesting event rather than an open-market purchase or voluntary sale.

Key Details

  • Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely within the usual two-business-day window).
  • Units issued (converted): 12,317 restricted units at $24.37 (gross ≈ $300,164).
  • Shares withheld for taxes: 5,711 units at $24.37 (value $139,177).
  • Net units issued to insider: 6,606 units (≈ $160,987).
  • Footnotes: F1 — units issued based on $24.37 unit price; F2 — Partnership withheld units to pay tax liability at the vesting price; F3 — not applicable.
  • Shares owned after the transaction: not specified in the supplied filing excerpt.

Context

  • This was a grant/vesting and withholding (routine tax withholding) event — effectively a receipt of restricted units with a portion withheld to satisfy taxes (a common "cashless" withholding mechanism), not an open-market purchase or investment signal.
  • For retail investors, awards and withholding are informative about compensation but do not necessarily indicate insider sentiment about the stock’s near-term outlook.