Form 4: Alliance Resource Partners LP: Senior Vice President Sells 50,000 Common Units
SEC Form 4
Timothy J Whelan, Senior Vice President of Sales at Alliance Resource Partners LP, sold 50,000 common units of the company at a price of $25.13 on March 14, 2025.
Summary
- On March 14, 2025, Timothy J Whelan, a Senior Vice President at Alliance Resource Partners LP (ARLP), sold 50,000 common units of the company.
- The transaction was executed at a price of $25.13 per unit.
- Following the sale, Whelan directly owns 93,850 common units of ARLP.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, although it is a common occurrence.
- The impact on other stakeholders is likely minimal unless this sale is indicative of a broader trend or concern within the company.
Key Dates
| Date | Description |
|---|---|
| February 6, 2018 | Date of power of attorney granted to Jeff Fawcett. |
| March 14, 2025 | Date of transaction: Sale of 50,000 common units. |
| March 18, 2025 | Date of signature for the SEC filing. |
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