Form 4: Director Clifford A. Harris Reports Changes in Beneficial Ownership of USA Compression Partners, LP

Clifford A. Harris, a director of USA Compression Partners, LP, reports the acquisition and disposal of common units, resulting in a net beneficial ownership of 6,994 units.

Summary

• This Form 4 filing reports changes in the beneficial ownership of USA Compression Partners, LP (USAC) securities by director Clifford A. Harris.
• On January 2, 2025, Harris acquired 4,494 common units and disposed of an unspecified amount.
• The acquisition was related to an award of restricted units granted under the company's Long-Term Incentive Plan.
• Following the reported transactions, Harris beneficially owns 6,994 common units.
• The restricted units vest 60% on December 5, 2027, and 40% on December 5, 2029, contingent upon continued service on the board.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of restricted units can be seen as a slightly positive sign, but it's not a major event.

Positives

• The acquisition of restricted units by a director signals confidence in the company's long-term prospects.
• The vesting schedule of the restricted units incentivizes continued service and commitment from the director.

Future Outlook

The vesting of the restricted units is contingent upon the reporting person's continued service, suggesting an expectation of ongoing involvement with the company.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the trading activities of insiders.

Stakeholder Impact

• The change in beneficial ownership is unlikely to have a significant impact on stakeholders.

Key Dates