Form 4: Alliance Resource Partners LP: Officer Megan J. Cordle Reports Unit Transactions
SEC Form 4 Filing
VP, Controller, and CAO of Alliance Resource Partners LP, Megan J. Cordle, reports the vesting and subsequent tax withholding of common units.
Summary
- On February 10, 2025, Megan J. Cordle, VP, Controller, and CAO of Alliance Resource Partners LP (ARLP), reported transactions involving common units of the company.
- 7,800 restricted units vested at a price of $27.28 per unit.
- 3,727 common units were withheld by the Partnership for the payment of tax liability at the vesting price of $27.28.
- Following these transactions, Cordle directly owns 45,348 common units.
Sentiment
Score: 5
Explanation: This is a neutral report on insider transactions related to compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and does not necessarily reflect a significant event for the company or the industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation.
Key Dates
| Date | Description |
|---|---|
| February 28, 2022 | Date of power of attorney granted to Kenneth Hemm. |
| February 10, 2025 | Date of transaction: vesting of restricted units and tax withholding. |
| February 12, 2025 | Date of report signature. |
Keywords
Alliance Resource Partners LP, ARLP, Megan J. Cordle, Form 4, insider trading, common units, restricted units, tax withholding, vesting
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