Form 4: Ferrellgas Director Hawks Reports Unit Transactions

Carney Hawks, a Director at Ferrellgas Partners L.P., reported transactions involving Class A Units and Phantom Units on May 18, 2026.

Summary

• Carney Hawks, a Director at Ferrellgas Partners L.P., reported transactions on May 18, 2026.
• The transactions involved Class A Units and Phantom Units.
• 12,729 Class A Units were acquired, bringing the total beneficially owned to 74,253.
• 12,729 Class A Units were disposed of at a price of $312,115.08, leaving 61,524 Class A Units.
• 12,729 Phantom Units were converted, with 8,492 forfeited.
• The Phantom Units represented the economic equivalent of Class A Units and were payable in cash based on the average closing price of Class A Units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it details both acquisitions and dispositions of units by a director, without a clear indication of strong positive or negative sentiment towards the company's future performance.

Positives

• Director Carney Hawks acquired 12,729 Class A Units, increasing his direct beneficial ownership.
• The company has a mechanism for unit awards (Phantom Units) that can be settled in cash, providing flexibility.

Negatives

• Director Carney Hawks disposed of 12,729 Class A Units for a significant cash amount ($312,115.08).
• 8,492 Phantom Units were forfeited, indicating a loss of potential value for the reporting person.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the buying and selling activities of company directors and officers. These transactions can offer insights into management's confidence in the company's prospects.

Stakeholder Impact

• Shareholders: The disposal of Class A Units by a director may be interpreted by some shareholders as a signal of reduced confidence, while the acquisition could be seen as a positive indicator.

Key Dates

Keywords

Ferrellgas Partners L.P., Form 4, Insider Trading, Class A Units, Phantom Units, Beneficial Ownership, SEC Filing, Director Transactions