Form 4: Alliance Resource Partners LP: Executive Cary P. Marshall Reports Unit Transactions

Sentiment:

SEC Form 4 Filing


Senior VP and CFO Cary P. Marshall reports acquisition and disposal of Alliance Resource Partners LP units related to restricted unit vesting and tax obligations.

Summary

  • On February 10, 2025, Cary P. Marshall, Senior VP and CFO of Alliance Resource Partners LP (ARLP), reported transactions involving common units of the company.
  • Marshall acquired 29,173 common units through the vesting of restricted units.
  • Simultaneously, 13,132 common units were disposed of to cover tax liabilities associated with the vesting at a price of $27.28 per unit.
  • Following these transactions, Marshall directly owns no common units, but indirectly owns 1,000,663 common units held by trust and 93,125 common units held by LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
11/15/1998Date of Cary P. Marshall Revocable Trust DTD
04/12/2013Date of power of attorney granted to Kenneth Hemm
02/10/2025Date of earliest transaction: acquisition and disposal of common units
02/12/2025Date of signature for the Form 4 filing

Keywords

Alliance Resource Partners LP, ARLP, Cary P. Marshall, Form 4, Beneficial Ownership, Common Units, Restricted Units, Tax Liability, Insider Trading

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.