Form 4: Alliance Resource Partners LP Executive Thomas Wynne Reports Share Transactions

Senior Vice President and COO of Alliance Resource Partners LP, Thomas Wynne, reports the vesting of restricted units and his beneficial ownership of common units.

Summary

• Thomas Wynne, Senior Vice President and COO of Alliance Resource Partners LP, filed a Form 4 detailing changes in his beneficial ownership.
• The report includes the vesting of 54,602 restricted units on January 1, 2025, which were granted under the company's Long-Term Incentive Plan.
• These restricted units converted to common units on a 1-for-1 basis.
• Mr. Wynne's total direct holdings of common units are 859,939.9292.
• He also has indirect holdings of 324,649 common units through Wynne Family LP and 99,745 common units through a trust.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of executive stock ownership, which is generally neutral. The vesting of restricted units suggests positive performance, but it's not a major market-moving event.

Positives

• The vesting of restricted units indicates that performance goals under the Long-Term Incentive Plan were met.
• The report provides transparency into the executive's holdings.

Industry Context

This filing is a routine disclosure of executive stock ownership and is typical for publicly traded companies. It provides insight into the alignment of executive interests with shareholder value.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The vesting of restricted stock units is a common form of executive compensation, aligning management's interests with long-term company performance.
• Companies like Peabody Energy (BTU) and Arch Resources (ARCH) also use similar compensation structures for their executives.

Stakeholder Impact

• The vesting of restricted units aligns executive interests with shareholder value.
• The disclosure provides transparency to shareholders regarding executive compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Units, Common Units, Alliance Resource Partners LP, Thomas Wynne, Executive Compensation, Long-Term Incentive Plan