Form 4: Alliance Resource Partners LP: Director Wilson M. Torrence Reports Acquisition of Phantom Units

Director Wilson M. Torrence reports the acquisition of phantom units convertible to Alliance Resource Partners LP common units.

Summary

• On August 14, 2024, Wilson M. Torrence, a director of Alliance Resource Partners LP (ARLP), reported a transaction involving derivative securities.
• Torrence acquired 386 phantom units, which are convertible to ARLP common units.
• These phantom units are to be settled in ARLP common units upon the termination of the Directors' Deferred Compensation Plan, expected in December 2024, or upon the reporting person's death or termination.
• Following the reported transaction, Torrence beneficially owns 13,250 derivative securities.
• Torrence also directly owns 40,396 common units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom units are expected 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 filing is a routine disclosure related to insider transactions, specifically the acquisition of phantom units by a director. Such transactions are common in publicly traded companies as part of executive compensation plans.

Stakeholder Impact

• The acquisition of phantom units by a director could have a minor positive impact on shareholder confidence, as it aligns the director's interests with those of the shareholders.

Key Dates