Form 4: Alliance Resource Partners LP: Director Wilson M. Torrence Reports Transaction

Director Wilson M. Torrence reports a transaction involving Alliance Resource Partners LP (ARLP) common units and phantom units.

Summary

• On May 15, 2024, Director Wilson M. Torrence reported a transaction related to Alliance Resource Partners LP (ARLP).
• The transaction involved the disposal of 40,396 common units.
• Torrence also acquired 385 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 the reported transactions, Torrence beneficially owns 12,864 common units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director. 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 of a transaction by a company insider, which is a common occurrence in the financial markets. It provides transparency regarding the holdings and transactions of key individuals within the company.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in beneficial ownership of common units.
• The acquisition of phantom units could potentially incentivize the director.

Key Dates