ARLP (NASDAQ: ARLP) executive exercises 12,317 units and withholds 5,711 for taxes

Rhea-AI Filing Summary

ALLIANCE RESOURCE PARTNERS LP senior vice president Mark Allen Watson reported equity award activity involving restricted and common units. On February 17, 2026, he exercised 12,317 restricted units into 12,317 common units at a price of $24.37 per unit, recorded as a derivative exercise.

To satisfy associated tax obligations at the vesting price of $24.37, 5,711 common units were disposed of through a tax-withholding transaction rather than an open-market sale. After these transactions, he directly held 45,277 common units of the partnership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Watson Mark Allen

(Last) (First) (Middle)

1717 S. BOULDER AVENUE

SUITE 400

(Street)

TULSA OK 74119

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALLIANCE RESOURCE PARTNERS LP [ ARLP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SrVP - Operations & Technology

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common unit	02/17/2026		M		12,317	A	(1)	50,988	D
Common unit	02/17/2026		F		5,711	D	$24.37(2)	45,277	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted unit	(1)	02/17/2026		M			12,317	02/17/2026	(3)	Common unit	12,317	(1)	0	D

Explanation of Responses:

1. The restricted units were issued on February 17, 2026 based upon an ARLP unit price of $24.37.

2. Upon issuance, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $24.37.

3. Not applicable

	/s/ Mark Watson by Kenneth Hemm, pursuant to power of attorney dated July 10, 2024	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did ARLP executive Mark Allen Watson report?

Mark Allen Watson reported exercising 12,317 restricted units into 12,317 common units, then disposing of 5,711 common units to cover tax obligations at a vesting price of $24.37 per unit, leaving him with 45,277 common units directly held.

Was the ARLP insider’s disposition of units an open-market sale?

No. The 5,711 ARLP common units were disposed of to pay tax liabilities tied to the vesting of restricted units at $24.37, according to the filing, rather than being sold in an open-market transaction initiated for portfolio or valuation reasons.

How many ARLP units does Mark Allen Watson hold after these Form 4 transactions?

Following the reported transactions, Mark Allen Watson directly holds 45,277 ARLP common units. This figure reflects the exercise of 12,317 restricted units into common units and the tax-withholding disposition of 5,711 common units used to satisfy related tax obligations.

What was the price basis used for ARLP restricted unit issuance and tax withholding?

The restricted units were issued and related tax withholding was calculated using an ARLP unit price of $24.37. Both the initial grant valuation and the subsequent tax-liability payment via unit disposition reference this same $24.37 per-unit vesting price in the disclosure.

What do the M and F transaction codes mean in the ARLP Form 4 filing?

Code M indicates an exercise or conversion of a derivative security, here converting 12,317 restricted units into common units. Code F represents a tax-withholding disposition, where 5,711 common units were delivered to cover tax liabilities associated with the vesting event.

What role does the reporting person hold at ALLIANCE RESOURCE PARTNERS LP?

The reporting person, Mark Allen Watson, serves as Senior Vice President – Operations & Technology at ALLIANCE RESOURCE PARTNERS LP. His role is disclosed in the Form 4 and indicates an executive-level position within the partnership’s operational and technology leadership structure.