Form 4: Alliance Resource Partners LP Executive Acquires Restricted Units

Senior Vice President of Alliance Resource Partners LP, Kirk Tholen, acquired 78,003 restricted units after vesting requirements were met.

Summary

• Kirk Tholen, a Senior Vice President at Alliance Resource Partners LP, has reported a transaction involving the acquisition of restricted units.
• The transaction occurred on January 28, 2025, when 78,003 restricted units vested.
• These restricted units were granted under the company's Long-Term Incentive Plan in 2022.
• The vesting requirements were determined to be satisfied by the Compensation Committee on January 28, 2025, with the vesting effective January 1, 2025.
• Following this transaction, Mr. Tholen directly owns 110,396 common units and 78,003 restricted units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally positive as it aligns executive interests with company performance. There are no indications of negative sentiment.

Positives

• The vesting of restricted units indicates that performance goals under the Long-Term Incentive Plan were met.
• The acquisition of restricted units aligns the executive's interests with those of the company and its shareholders.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when executives acquire or dispose of company securities. It reflects standard practice in executive compensation and alignment of interests.

Comparison to Industry Standards

• The vesting of restricted stock units is a common practice in executive compensation across various industries, including the energy sector where Alliance Resource Partners LP operates.
• Many companies use long-term incentive plans with vesting schedules to retain and motivate key personnel, aligning their interests with long-term shareholder value.
• The specific terms of the vesting schedule and performance metrics would be detailed in the company's compensation policies, which are generally comparable to those of peer companies.

Stakeholder Impact

• The vesting of restricted units may have a minor positive impact on shareholder sentiment as it indicates that performance goals were met.
• The transaction does not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

restricted units, insider trading, executive compensation, long-term incentive plan, vesting, beneficial ownership, Alliance Resource Partners LP, ARLP