Form 4: ARLP SVP Tholen Converts Restricted Units

Alliance Resource Partners LP Senior Vice President Kirk Tholen converted restricted units into common units and had shares withheld for tax obligations.

Summary

• Kirk Tholen, Senior Vice President of Alliance Resource Partners LP (ARLP), reported changes in his beneficial ownership of company securities.
• On February 17, 2026, 34,080 restricted units vested and were converted into common units.
• Concurrently, 15,200 common units were disposed of to cover tax liabilities at a price of $24.37 per unit.
• Following these transactions, Mr. Tholen directly beneficially owns 172,657 common units.
• No derivative securities (restricted units) are beneficially owned after these transactions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It represents a routine compensation transaction (vesting and tax withholding) for a Senior Vice President, which is a common occurrence and does not inherently signal positive or negative company performance or outlook.

Positives

• The conversion of restricted units into common units indicates a vesting of compensation, aligning management's interests with unitholders.
• Mr. Tholen retains a significant direct beneficial ownership of 172,657 common units, demonstrating continued commitment to the company.

Negatives

• A portion of the vested common units (15,200 units) was disposed of to satisfy tax obligations, which is a standard practice but reduces direct ownership.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine insider transaction related to executive compensation, specifically the vesting of restricted stock units and subsequent tax withholding. Such transactions are common across all industries and typically do not reflect a change in the company's operational or strategic outlook.

Stakeholder Impact

• Shareholders: The transaction is a routine compensation event and is unlikely to have a significant direct impact on shareholders. The insider's continued substantial ownership may be viewed positively as it aligns interests.
• Employees: This filing specifically relates to executive compensation, which is part of the overall compensation structure for key personnel.

Key Dates

Keywords

ARLP, Alliance Resource Partners LP, Insider Transaction, Form 4, Beneficial Ownership, Restricted Units, Common Units, Executive Compensation, Tax Withholding