Form 4: Alliance Resource Partners LP: Director Druten Reports Acquisition and Disposal of Common and Phantom Units

Director Robert J. Druten reports changes in beneficial ownership of Alliance Resource Partners LP units, including the acquisition of phantom units and disposal of common units.

Summary

• On August 14, 2024, Director Robert J. Druten reported transactions involving Alliance Resource Partners LP (ARLP) units.
• Druten disposed of 25,628 common units.
• Druten acquired 470 phantom units, which are to be settled in ARLP common units upon the termination of the Directors' Deferred Compensation Plan, expected in December 2024, or upon death or termination.
• Following these transactions, Druten beneficially owns 16,140 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting insider transactions. The sentiment is neutral as it simply reports changes in ownership.

Future Outlook

The phantom units are to be settled in ARLP common units upon the termination of the Directors' Deferred Compensation Plan, which is expected in December 2024, or the reporting person's death or termination.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's securities. It allows investors to monitor the actions of company directors and officers.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates