Form 4: Martin Midstream Partners Director Ruben S. Martin Reports Acquisition and Disposal of Common Units

Ruben S. Martin, a director and 10% owner of Martin Midstream Partners L.P., reported acquiring and disposing of common units on April 9, 2024.

Summary

• Ruben S. Martin, a director and 10% owner of Martin Midstream Partners L.P. (MMLP), filed a Form 4 detailing changes in beneficial ownership.
• On April 9, 2024, Martin acquired 820.9305 common units at a price of $2.6472 per unit.
• On the same day, Martin disposed of 158,800.3336 common units.
• Following these transactions, Martin indirectly owns 6,114,532 common units through Martin Resource Management Corporation and 3,726,606.62 common units through Senterfitt Holdings Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing transactions by a company insider, with no inherent positive or negative sentiment.

Management Comments

• Ruben S. Martin is Chairman of the Board of Directors of Martin Midstream GP LLC, the general partner of Martin Midstream Partners L.P.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their trading activities.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a key insider.

Key Dates