Form 4: Alliance Resource Partners LP: Executive Timothy Whelan Reports Unit Transactions
SEC Form 4
Senior Vice President of Sales, Timothy Whelan, reports the acquisition and disposal of common units and restricted units of Alliance Resource Partners LP on February 10, 2025.
Summary
- On February 10, 2025, Timothy Whelan, Senior Vice President of Sales at Alliance Resource Partners LP (ARLP), reported transactions involving ARLP's common units and restricted units.
- Whelan acquired 46,802 common units through the vesting of restricted units.
- Simultaneously, Whelan disposed of 20,898 common units to cover tax liabilities at a price of $27.28 per unit.
- Following these transactions, Whelan directly owns 143,850 common units.
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities. It allows investors to monitor insider activity, which can sometimes provide insights into management's perspective on the company's prospects.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's view on the company's stock.
Key Dates
| Date | Description |
|---|---|
| February 6, 2018 | Date of power of attorney granted to Kenneth Hemm. |
| February 10, 2025 | Date of transaction involving common units and restricted units. |
| February 12, 2025 | Date of signature for the Form 4 filing. |
Keywords
Alliance Resource Partners LP, ARLP, Timothy Whelan, Form 4, Beneficial Ownership, Common Units, Restricted Units, SEC Filing, Insider Trading
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