Form 4: Mach Natural Resources LP: CFO Kevin R. White Reports Tax Withholding Unit Disposal
SEC Form 4 Filing
Kevin R. White, CFO of Mach Natural Resources GP LLC, reports the disposal of 10,108 common units to cover tax obligations related to vesting phantom units on October 27, 2024.
Summary
- On October 27, 2024, Kevin R. White, the CFO of Mach Natural Resources GP LLC (the general partner of Mach Natural Resources LP), disposed of 10,108 common units.
- The disposal was executed to satisfy tax withholding obligations associated with the vesting of phantom units.
- The price per unit was $16.34.
- Following the transaction, White directly owns 456,946 common units.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications for the company's financial health or stock performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax obligation fulfillment related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 10/27/2024 | Date of transaction: Disposal of 10,108 common units for tax withholding. |
| 10/29/2024 | Date of signature on the Form 4 filing. |
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