Alliance Resource SVP converts restricted units, tax withheld
Alliance Resource Partners LP senior vice president Kirk Tholen reported equity compensation activity on February 17, 2026.
Rhea-AI Filing Summary
Alliance Resource Partners LP senior vice president Kirk Tholen reported equity compensation activity on February 17, 2026. 34,080 restricted units were converted into the same number of common units at no cash cost, and 15,200 common units were withheld to satisfy tax liability at a vesting price of $24.37 per unit. Following these transactions, Tholen directly holds 172,657 common units of Alliance Resource Partners LP.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,080 shares exercised/converted
Exercise
3 txns
Insider
Tholen Kirk
Role
SENIOR VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted unit | 34,080 | $0.00 | $0.00 |
| Exercise | Common unit | 34,080 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common unit | 15,200 | $24.37 | $370K |
Holdings After Transaction:
Restricted unit — 0 contracts (Direct);
Common unit — 172,657 shares (Direct)
Footnotes (3)
- F1. The restricted units were issued on February 17, 2026 based upon an ARLP unit price of $24.37.
- F2. Upon issuance, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $24.37.
- F3. Not applicable
Key Figures
Restricted units converted: 34,080 units
Units withheld for taxes: 15,200 units
Tax withholding price: $24.37 per unit
+1 more
4 metrics
Restricted units converted
34,080 units
Restricted units converted into common units on February 17, 2026
Units withheld for taxes
15,200 units
Common units delivered to cover tax liability on February 17, 2026
Tax withholding price
$24.37 per unit
Vesting and tax-withholding price used for restricted units
Post-transaction holdings
172,657 common units
Direct common unit holdings after reported transactions
Key Terms
Restricted unit, Common unit, tax liability, vesting price, +1 more
5 terms
Restricted unit financial
"The restricted units were issued on February 17, 2026 based upon an ARLP unit price"
Common unit financial
"underlying_security_title: Common unit and post-transaction holdings of 172,657 common units"
A common unit is a single piece of ownership in a company, fund, or trust—similar to an ordinary share but often used for pooled vehicles or listings where securities are packaged or governed differently. It matters to investors because each unit represents a claim on profits and, commonly, voting power; like holding a seat at a table, the number of units you own affects your share of returns and influence, and unit structures can also affect liquidity and tax treatment.
tax liability financial
"restricted units are withheld by the Partnership for the payment of tax liability"
vesting price financial
"withheld by the Partnership for the payment of tax liability at the vesting price of $24.37"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did ARLP executive Kirk Tholen report in this Form 4 filing?
Kirk Tholen reported the conversion of 34,080 restricted units into common units and the withholding of 15,200 common units to cover tax liabilities, all occurring on February 17, 2026.
How many ARLP common units did Kirk Tholen acquire from restricted units?
Tholen’s restricted units converted into 34,080 common units at no cash exercise price. This reflects the vesting of equity compensation rather than a market purchase of Alliance Resource Partners LP units.
How many ARLP units were withheld for taxes in Kirk Tholen’s Form 4?
The filing shows 15,200 common units were withheld to satisfy Tholen’s tax liability, using a unit price of $24.37 as the vesting and tax-withholding price on February 17, 2026.
What is Kirk Tholen’s ARLP common unit holding after these transactions?
After the reported equity compensation and tax withholding, Tholen directly holds 172,657 common units of Alliance Resource Partners LP, according to the reported post-transaction holdings data.
Was Kirk Tholen’s ARLP Form 4 transaction a market sale or a tax withholding?
The Form 4 identifies a tax-withholding disposition of 15,200 common units at $24.37 per unit, meaning units were delivered to cover taxes rather than sold in an open-market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
