Form 4: Alliance Resource Partners LP Executive Reports Share Transactions

Thomas M. Wynne, Senior Vice President and COO of Alliance Resource Partners LP, reports transactions involving common units and phantom units.

Summary

• Thomas M. Wynne, a Senior Vice President and COO at Alliance Resource Partners LP, has filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The report indicates that Mr. Wynne directly owns 859,939.9292 common units.
• He also indirectly owns 324,649 common units through Wynne Family LP and 99,745 common units through the Thomas M. Wynne Family Trust.
• Additionally, Mr. Wynne acquired 2,520 phantom units on November 14, 2024, which are to be settled in ARLP common units upon the termination of the Supplemental Executive Retirement Plan, expected in December 2024, or his death or termination.
• Following these transactions, Mr. Wynne beneficially owns 97,609 phantom units.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing executive share transactions, which is neither positive nor negative in itself. It is a neutral disclosure.

Future Outlook

The phantom units are expected to be settled in ARLP common units upon the termination of the Supplemental Executive Retirement Plan, which is expected in December 2024, or the reporting person's death or termination.

Industry Context

This filing is a routine disclosure of executive share transactions, which is common in publicly traded companies. It provides transparency into the holdings of key personnel.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reported transactions are typical for executives who receive equity-based compensation.
• The use of phantom units is a common method for deferred compensation in many companies, including those in the energy sector.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a key executive.
• The transactions do not have a direct impact on employees, customers, or suppliers.

Next Steps

• The phantom units are expected to be settled in ARLP common units upon the termination of the Supplemental Executive Retirement Plan, expected in December 2024.

Key Dates

Keywords

Alliance Resource Partners LP, ARLP, Form 4, Beneficial Ownership, Thomas M. Wynne, Common Units, Phantom Units, Executive Compensation, SEC Filing