Form 4: Alliance Resource Partners LP: Officer Whelan Timothy J Reports Changes in Beneficial Ownership

Senior Vice President of Sales, Timothy J Whelan, reports changes in beneficial ownership of Alliance Resource Partners LP units, including the acquisition of phantom units.

Summary

• On May 15, 2024, Timothy J Whelan, Senior Vice President of Sales at Alliance Resource Partners LP (ARLP), reported changes in his beneficial ownership of the company's securities.
• Whelan acquired 1,001 phantom units, which are to be settled in ARLP common units upon the termination of the Supplemental Executive Retirement Plan, expected in December 2024, or upon his death or termination.
• Following the reported transaction, Whelan beneficially owns 167,946 common units directly and 33,462 phantom units indirectly.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting a change in beneficial ownership. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The phantom units are to be settled in ARLP common units upon the termination of the Supplemental Executive Retirement Plan, which is expected in December 2024, or the reporting person's death or termination.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company officer, which is a common practice in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The change in ownership may have a minor impact on shareholders as it reflects insider activity, but the overall impact is likely minimal.

Key Dates