Form 4: ARLP SVP Kirk Tholen's Restricted Units Vest

Alliance Resource Partners LP Senior Vice President Kirk Tholen's 2023 restricted units, totaling 34,080 common units, have vested.

Summary

• Kirk Tholen, Senior Vice President of Alliance Resource Partners LP (ARLP), reported changes in beneficial ownership.
• 34,080 restricted units granted in 2023 under the Long-Term Incentive Plan have vested.
• The Compensation Committee determined on January 27, 2026, that the vesting requirements for these grants had been satisfied.
• The restricted units vested effective January 1, 2026.
• Following this transaction, Mr. Tholen directly beneficially owns 153,777 common units and 34,080 derivative restricted units.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it indicates that performance targets for the 2023 Long-Term Incentive Plan were met, leading to the vesting of executive compensation.

Positives

• The vesting of 34,080 restricted units indicates that the performance targets set for the 2023 Long-Term Incentive Plan were successfully met.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider ownership changes, particularly vesting events, are common and reflect executive compensation structures tied to performance. This specific filing indicates the successful fulfillment of performance criteria for the 2023 Long-Term Incentive Plan, aligning executive interests with company performance.

Stakeholder Impact

• Shareholders: The vesting of executive equity awards aligns management's interests with shareholder value creation, as it is typically tied to performance metrics.
• Employees: Reflects the company's established executive compensation structure and the successful achievement of performance goals.

Key Dates

Keywords

ARLP, Alliance Resource Partners, Kirk Tholen, Form 4, insider transaction, beneficial ownership, restricted units, long-term incentive plan, executive compensation