BSM.NYSEBlack Stone Minerals, Lp

Form 4: Black Stone Minerals CEO Thomas L. Carter Jr. Acquires 100,000 Common Units

Sentiment:

SEC Form 4 Filing

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Thomas L. Carter Jr., CEO, President, and Chairman of Black Stone Minerals, L.P., purchased 100,000 common units at a weighted average price of $14.118 on September 6, 2024.

Summary

  • On September 6, 2024, Thomas L. Carter Jr., the CEO, President, and Chairman of Black Stone Minerals, L.P. (BSM), acquired 100,000 common units representing limited partner interests.
  • The purchase was made at a weighted average price of $14.118 per unit.
  • The total number of common units beneficially owned by Carter following the transaction is 3,133,128 directly.
  • Carter also has indirect ownership through various trusts and entities, including the Fowler Thomas Carter 1995 Trust (13,141 units), Georgia Elizabeth Carter 1995 Trust (37,741 units), spouse (167,155 units), Molly Leachman Carter 1995 Trust (37,742 units), Katherine Ross Carter 1995 Trust (37,741 units), and Carter2221, Ltd. (11,481,503 units).

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally a good sign, but without more context, it's difficult to gauge the overall impact.

Positives

  • The CEO's purchase of a significant number of common units could be interpreted as a positive signal about the company's prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This purchase reflects the CEO's investment in the company's stock.

Stakeholder Impact

  • The CEO's purchase may increase investor confidence.

Key Dates

DateDescription
09/06/2024Date of transaction: Thomas L. Carter Jr. purchased 100,000 common units.
09/09/2024Date of signature on the Form 4 filing.

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