Form 4: USA Compression Partners Executive Exercises and Settles Phantom Units

G. Tracy Owens, VP of Finance and Chief Accounting Officer at USA Compression Partners, settled phantom units for cash and common units on December 20, 2024.

Summary

• G. Tracy Owens, Vice President of Finance and Chief Accounting Officer of USA Compression GP, LLC, the general partner of USA Compression Partners, LP, reported transactions involving phantom units and common units.
• On December 20, 2024, Owens exercised phantom units awarded on December 5, 2019, resulting in the acquisition of 3,773 common units.
• Approximately 50% of these newly vested phantom units were settled for cash, and the remaining portion was settled for common units.
• Additionally, Owens exercised phantom units awarded on December 5, 2021, acquiring 6,016 common units.
• A portion of the common units were disposed of at a price of $23.21 per unit.
• Following these transactions, Owens directly owns 29,803 common units and 4,010 phantom units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The remaining phantom units awarded on December 5, 2021, will vest on December 5, 2026.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It's common for executives to receive equity-based compensation, such as phantom units, which vest over time and can be settled for cash or common units.

Key Dates