Form 4: Alliance Resource Partners LP Executive Sells 10,000 Common Units
SEC Form 4 Filing
Timothy J. Whelan, Senior Vice President of Sales at Alliance Resource Partners LP, sold 10,000 common units of the company on December 2, 2024.
Summary
- Timothy J. Whelan, a Senior Vice President at Alliance Resource Partners LP, sold 10,000 common units of the company.
- The transaction occurred on December 2, 2024, at a price of $28 per unit.
- Following the sale, Mr. Whelan directly owns 157,946 common units of Alliance Resource Partners LP.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of an insider transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of an insider transaction, which is common in publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Insider trading disclosures are a standard practice for publicly listed companies, ensuring transparency and compliance with SEC regulations.
- Similar filings are routinely made by executives at comparable companies such as CONSOL Energy Inc. and Peabody Energy Corp. when they trade their company's stock.
Stakeholder Impact
- The sale of shares by an executive may be of interest to shareholders, but it is a routine transaction and not necessarily indicative of the company's performance.
Key Dates
| Date | Description |
|---|---|
| 12/02/2024 | Date of the transaction where 10,000 common units were sold. |
| 12/04/2024 | Date the SEC Form 4 was signed. |
Keywords
Alliance Resource Partners LP, ARLP, insider trading, common units, SEC Form 4, executive sale, Timothy J. Whelan
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