Form 4: Martin Midstream Partners L.P.: Ruben S. Martin Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Ruben S. Martin, a director and 10% owner of Martin Midstream Partners L.P., reports transactions involving common units, including acquisitions and disposals.
Summary
- Ruben S. Martin, a director and 10% owner of Martin Midstream Partners L.P. (MMLP), filed a Form 4 detailing changes in his beneficial ownership.
- On March 12, 2024, Martin acquired 566.1808 common units at a price of $2.5589 per unit.
- On the same day, Martin disposed of 157,979.4031 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 regulatory filing, so the sentiment is neutral.
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
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common in the midstream energy sector.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key insider.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: acquisition and disposal of common units |
| 03/14/2024 | Date of signature of the report by Ruben S. Martin |
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