Form 4: Director Glen A. Brown Reports Acquisition and Disposal of PHX Minerals Inc. Stock

Director Glen A. Brown reports acquiring 513 shares and disposing of 170,052 shares of PHX Minerals Inc. common stock on March 28, 2025.

Summary

• On March 28, 2025, Glen A. Brown, a director of PHX Minerals Inc., acquired 513 shares of common stock at $4 per share.
• On the same day, Brown disposed of 170,052 shares of common stock.
• The acquisition represents Deferred Stock Units credited to Brown's account due to reinvestment of dividends on previously credited Deferred Stock Units.
• Each Deferred Stock Unit is equivalent to one share of PHX Minerals Inc. common stock.
• These units are payable in common stock upon termination of service as a director, death, or a change of control of the issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The Deferred Stock Units become payable solely in common stock upon the reporting person's termination of service as a director or death or upon the effectiveness of a change of control of the issuer.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about the transactions of a company director, providing transparency.

Key Dates

Keywords

PHX Minerals Inc., Glen A. Brown, Form 4, Director, Stock Acquisition, Stock Disposal, Deferred Stock Units, Dividend Reinvestment