Form 4: Alliance Resource Partners LP: Officer Kirk Tholen Reports Unit Disposals Following Vesting

Senior Vice President Kirk Tholen of Alliance Resource Partners LP reports the disposal of common units to cover tax liabilities upon the vesting of restricted units.

Summary

• On February 10, 2025, Kirk Tholen, Senior Vice President of Alliance Resource Partners LP, reported transactions involving common units of the company.
• 78,003 restricted units vested and were converted into common units.
• Simultaneously, 78,003 common units were disposed of to satisfy tax obligations.
• An additional 34,622 common units were disposed of at a price of $27.28 per unit for tax liability purposes.
• Following these transactions, Tholen directly owns 153,777 common units.

Sentiment

Score: 5

Explanation: This is a neutral report of transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
• The transactions impact the reporting person, Kirk Tholen, by changing the amount of shares he owns.

Key Dates

Keywords

Form 4, Alliance Resource Partners LP, ARLP, Kirk Tholen, Senior Vice President, Common Units, Restricted Units, Beneficial Ownership, SEC Filing, Tax Liability, Vesting