ARLP.NASDAQAlliance Resource Partners Lp

Form 4: Alliance Resource Partners LP Executive Settles Phantom Units in Cash

Sentiment:

SEC Form 4 Filing

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Senior Vice President Kirk Tholen of Alliance Resource Partners LP settled phantom units for cash following the termination of a retirement plan.

Summary

  • Kirk Tholen, a Senior Vice President at Alliance Resource Partners LP, reported a transaction on December 16, 2024.
  • The transaction involved the settlement of phantom units from the Alliance Coal, LLC Supplemental Executive Retirement Plan.
  • The plan was terminated, and the phantom units were settled in cash instead of common units as originally planned.
  • A total of 84,341 phantom units were settled for cash.
  • Following the transaction, Mr. Tholen directly owns 110,396 common units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding an executive's compensation. It does not contain any information that would be considered positive or negative for the company's outlook.

Industry Context

This is a routine filing related to executive compensation and does not indicate any broader industry trends.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves the settlement of executive compensation.

Key Dates

DateDescription
12/11/2019Date of power of attorney for Kenneth Hemm to sign on behalf of Kirk Tholen.
12/16/2024Date of the transaction where phantom units were settled for cash.
12/18/2024Date the Form 4 was signed.

Keywords

Alliance Resource Partners LP, phantom units, executive compensation, retirement plan, insider transaction, Form 4, ARLP

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