Form 4: Black Stone Minerals CEO Thomas L. Carter Jr. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Thomas L. Carter Jr., CEO of Black Stone Minerals, reports the forfeiture of 37,781 common units due to LTIP, impacting his beneficial ownership.
Summary
- On January 7, 2025, Thomas L. Carter Jr., CEO of Black Stone Minerals, reported changes in his beneficial ownership of the company's securities.
- The reported transaction involves the forfeiture of 37,781 common units representing limited partner interests, due to the LTIP.
- The forfeiture occurred at a price of $14.49 per unit.
- Following the transaction, Carter's direct ownership amounts to 3,095,347 common units.
- Carter also has indirect ownership through various trusts and entities, including the Fowler Thomas Carter 1995 Trust, Georgia Elizabeth Carter 1995 Trust, his spouse, Molly Leachman Carter 1995 Trust, Katherine Ross Carter 1995 Trust and Carter2221, Ltd.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Negatives
- Thomas L. Carter Jr., CEO of Black Stone Minerals, forfeited 37,781 common units on January 7, 2025.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The forfeiture of shares by the CEO may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/07/2025 | Date of transaction (forfeiture of common units) |
| 01/08/2025 | Date of signature for the report |
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