Form 4: Black Stone Minerals Executive Carrie Pearson Clark Reports Forfeiture of Common Units

Carrie Pearson Clark, SVP and Chief Commercial Officer of Black Stone Minerals, reported the forfeiture of 9,894 common units at a price of $14.49 on January 7, 2025, resulting in a revised beneficial ownership of 107,029 units.

Summary

• On January 7, 2025, Carrie Pearson Clark, SVP and Chief Commercial Officer of Black Stone Minerals, reported a transaction involving the forfeiture of common units representing limited partner interests.
• The transaction involved the forfeiture of 9,894 common units at a price of $14.49.
• Following the reported transaction, Clark's beneficial ownership of common units stands at 107,029.
• The forfeiture was related to restricted common units issued pursuant to the company's Long-Term Incentive Plan (LTIP).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and ownership changes, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The forfeiture of common units by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.

Key Dates