Form 4: Alliance Resource Partners LP Executive Receives Restricted Unit Grant

Senior VP and CFO of Alliance Resource Partners LP, Cary P. Marshall, received 29,173 restricted units that vested on January 1, 2025, following the satisfaction of vesting requirements.

Summary

• Cary P. Marshall, Senior VP and CFO of Alliance Resource Partners LP, has reported a change in beneficial ownership of securities.
• The change involves the acquisition of 29,173 restricted units, which vested on January 1, 2025.
• These restricted units were granted under the company's Long-Term Incentive Plan.
• The vesting requirements for grants issued in 2022 were met, finalizing the number of restricted units.
• Mr. Marshall also indirectly holds 984,622 common units through a trust and 93,125 common units through an LLC.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation event, which is generally positive as it aligns management with shareholder interests. There are no indications of negative news or concerns.

Positives

• The vesting of restricted units indicates that performance targets under the Long-Term Incentive Plan were met.
• The grant of restricted units aligns the executive's interests with those of the shareholders.

Industry Context

This filing is a routine disclosure of executive compensation and is typical for publicly traded companies. It reflects the company's use of equity-based incentives to align management's interests with those of shareholders.

Comparison to Industry Standards

• The use of restricted stock units as part of executive compensation is a common practice among publicly traded companies, particularly in the energy sector.
• Companies like Peabody Energy and Arch Resources also utilize similar long-term incentive plans for their executives.
• The vesting schedule and performance criteria are generally aligned with industry standards, focusing on long-term value creation and company performance.

Stakeholder Impact

• The vesting of restricted units is a positive signal for shareholders, indicating that performance targets were met.
• The compensation structure is designed to align management's interests with those of the shareholders.

Key Dates

Keywords

restricted units, beneficial ownership, executive compensation, long-term incentive plan, vesting, securities, CFO, Alliance Resource Partners LP