Form 4: Alliance Resource Partners LP: Executive Thomas Wynne Reports Unit Transactions
SEC Form 4 Filing
Senior Vice President and COO Thomas Wynne reports the acquisition and disposal of Alliance Resource Partners LP common units related to restricted unit vesting and tax obligations.
Summary
- Thomas Wynne, Senior Vice President and COO of Alliance Resource Partners LP (ARLP), filed a Form 4 detailing changes in beneficial ownership.
- On February 10, 2025, Mr. Wynne acquired 54,602 common units upon the vesting of restricted units.
- Simultaneously, 24,507 units were disposed of to cover tax liabilities at a price of $27.28 per unit.
- Following these transactions, Mr. Wynne directly owns 890,034.9292 common units.
- Additionally, Mr. Wynne indirectly owns 324,649 common units through Wynne Family LP and 99,745 units through the Thomas M. Wynne Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders, as these can provide insights into management's views on the company's value.
Key Dates
| Date | Description |
|---|---|
| April 11, 2013 | Date of power of attorney granted to Kenneth Hemm. |
| February 10, 2025 | Date of restricted unit vesting and related transactions. |
| February 12, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Alliance Resource Partners LP, ARLP, Thomas Wynne, Restricted Units, Common Units, Insider Trading
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