Form 4: ARLP VP Controller Acquires Units, Sells for Tax

Sentiment:

Insider Transaction Report


Megan J. Cordle, VP, Controller and CAO of Alliance Resource Partners LP, acquired common units from restricted stock vesting and simultaneously sold units to cover tax obligations.

Summary

  • Megan J. Cordle, VP, Controller and CAO of Alliance Resource Partners LP (ARLP), reported transactions in the company's common units.
  • Acquired 6,086 common units on February 17, 2026, through the vesting of restricted units.
  • Disposed of 2,992 common units on February 17, 2026, at a price of $24.37 per unit, to satisfy tax withholding obligations related to the vesting.
  • Following these transactions, Cordle directly beneficially owns 48,442 common units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting standard executive compensation practices rather than a discretionary buy or sell decision based on market outlook.

Positives

  • The vesting of restricted units represents a compensation event for a key executive, indicating continued alignment of interests with shareholders.

Negatives

  • The disposition of 2,992 common units, while for tax purposes, reduces the executive's direct beneficial ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions like this Form 4, which involve the vesting of restricted stock and subsequent tax-related sales, are common compensation events and generally do not signal a change in the company's operational or strategic direction. They are routine disclosures for executive compensation.

Related Party Transactions

  • The transaction involves the vesting of restricted units and subsequent tax withholding, which is a standard compensation-related related party transaction between an executive and the company.

Stakeholder Impact

  • Shareholders: Minor dilution from unit issuance (if new units), but primarily a routine compensation event for an executive.

Key Dates

DateDescription
02/28/2022Date of power of attorney granted to Kenneth Hemm to sign on behalf of Megan J. Cordle.
02/17/2026Date of restricted unit issuance, vesting, acquisition of common units, and disposition of common units for tax withholding.
02/19/2026Date the Form 4 was signed.

Recommendation

hold

The Form 4 details a routine executive compensation event involving the vesting of restricted units and the sale of a portion to cover tax liabilities. This is not indicative of a discretionary investment decision by the insider and therefore does not provide a strong signal for a buy or sell recommendation. A 'hold' recommendation is appropriate as this filing alone does not alter the fundamental investment thesis for ARLP.

Keywords

Alliance Resource Partners LP, ARLP, Form 4, Insider Transaction, Restricted Units, Common Units, Executive Compensation, Megan J. Cordle

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