Form 4: Alliance Resource Partners LP: Executive Thomas Wynne Reports Acquisition of Phantom Units

Senior Vice President and COO Thomas Wynne reports the acquisition of phantom units convertible to common units of Alliance Resource Partners LP.

Summary

• Thomas M. Wynne, Senior Vice President and COO of Alliance Resource Partners LP (ARLP), filed a Form 4 on August 16, 2024, reporting a transaction on August 14, 2024.
• The transaction involved the acquisition of 2,765 phantom units, which are to be settled in ARLP common units upon the termination of the Supplemental Executive Retirement Plan, expected in December 2024, or upon Mr. Wynne's death or termination.
• Following the reported transaction, Mr. Wynne directly owns 95,089 phantom units.
• Mr. Wynne also directly owns 859,939.9292 common units and indirectly owns 324,649 common units through Wynne Family LP and 99,745 common units through a trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating an executive's acquisition of phantom units, which is part of their compensation package. It doesn't inherently suggest positive or negative implications for the company's performance.

Positives

• The acquisition of phantom units by a key executive could be interpreted as a sign of confidence in the company's future performance.

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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge executive sentiment and potential future stock performance.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders if it signals confidence from a key executive.

Key Dates