Form 4: Black Stone Minerals Director Jerry V. Kyle, Jr. Reports Acquisition of Common Units

Director Jerry V. Kyle, Jr. reports acquiring 1,173 common units of Black Stone Minerals, L.P. in lieu of a cash retainer.

Summary

• On April 5, 2024, Jerry V. Kyle, Jr., a director of Black Stone Minerals, L.P., acquired 1,173 common units representing limited partner interests at a price of $15.98 per unit.
• The acquisition was made in lieu of a cash retainer for service on the Board of Directors.
• Following the transaction, Kyle directly owns 283,111 common units.
• Kyle also indirectly owns 250,088 common units through the Lena C Anderson Kyle 1968 Trust, 4,000 common units through a family limited partnership, and 350,182 common units through the Lena C A Kyle Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of shares in lieu of a cash retainer. It doesn't necessarily indicate a strong positive or negative outlook.

Positives

• The acquisition of common units by a director demonstrates confidence in the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders as it aligns the director's interests with theirs.

Key Dates