Black Stone Minerals director granted 1,342 units
DeWalch D Mark reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DeWalch D Mark reported acquisition or exercise transactions in this Form 4 filing.
Black Stone Minerals, L.P. director D. Mark DeWalch reported an equity grant of common units representing limited partner interests. He received 1,342 units at $13.97 per unit, increasing his directly held position to 432,837 units. According to the filing, this award reflects a prior arrangement under which he elected to receive common units instead of a cash retainer for serving on the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,342 shares
Grant/Award
4 txns
Insider
DeWalch D Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common units representing limited partner interests | 1,342 | $13.97 | $19K |
| holding | Common units representing limited partner interests | -- | -- | -- |
| holding | Common units representing limited partner interests | -- | -- | -- |
| holding | Common units representing limited partner interests | -- | -- | -- |
Holdings After Transaction:
Common units representing limited partner interests — 432,837 shares (Direct);
Common units representing limited partner interests — 631,248 shares (Indirect, By DeWalch Diversified LP);
Common units representing limited partner interests — 40,809 shares (Indirect, By Donald Mark DeWalch Trust);
Common units representing limited partner interests — 6,749 shares (Indirect, By wife)
Footnotes (1)
- F1. Pursuant to a previous arrangement, the Reporting Person elected to receive common units in lieu of a cash retainer for service on the Board of Directors of the Partnership's General Partner.
Key Figures
Units granted: 1,342 units
Grant unit price: $13.97 per unit
Direct holdings after grant: 432,837 units
+3 more
6 metrics
Units granted
1,342 units
Equity grant to D. Mark DeWalch
Grant unit price
$13.97 per unit
Value used for awarded common units
Direct holdings after grant
432,837 units
Common units owned directly after transaction
Indirect holdings via wife
6,749 units
Common units held indirectly by wife
Indirect holdings via trust
40,809 units
Common units held by Donald Mark DeWalch Trust
Indirect holdings via LP
631,248 units
Common units held by DeWalch Diversified LP
Key Terms
Common units representing limited partner interests, grant/award acquisition, indirect, retainer, +1 more
5 terms
Common units representing limited partner interests financial
"security_title: "Common units representing limited partner interests""
grant/award acquisition financial
"transaction_action: "grant/award acquisition" for the A-code transaction"
indirect financial
"ownership_type: "indirect" for units held by wife, trust, and LP"
retainer financial
"receive common units in lieu of a cash retainer for service on the Board"
beneficially owned following the transaction financial
"total_shares_following_transaction reported for each ownership line"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BSM director D. Mark DeWalch report?
D. Mark DeWalch reported receiving 1,342 common units of Black Stone Minerals as a grant. The units were valued at $13.97 each and represent compensation for his service on the board, increasing his directly held stake to 432,837 common units.
What price was used for the Black Stone Minerals units granted to DeWalch?
The grant to D. Mark DeWalch used a unit value of $13.97 per common unit. This price applies to the 1,342 units awarded as compensation and is explicitly stated in the insider transaction details for the reported Form 4 filing.
How many Black Stone Minerals units does DeWalch hold directly after this Form 4?
After the reported grant, D. Mark DeWalch holds 432,837 common units directly. This total includes the 1,342-unit award received as compensation and is disclosed as the number of units beneficially owned following the transaction.
Does D. Mark DeWalch have indirect ownership of BSM units?
Yes. The filing lists indirect holdings of common units by his wife, by the Donald Mark DeWalch Trust, and by DeWalch Diversified LP. Each is reported separately as indirect ownership, reflecting units held through related parties rather than in his direct name.
Was the BSM unit grant to DeWalch a market purchase or compensation award?
The 1,342-unit transaction is characterized as a grant or award acquisition, not an open-market purchase. A footnote explains he previously elected to receive common units instead of a cash retainer for board service, so this reflects non-cash compensation.
Why did DeWalch receive Black Stone Minerals units instead of cash?
A footnote states that under a prior arrangement, D. Mark DeWalch chose to receive common units in lieu of a cash retainer. This election applies to his compensation for serving on the board of the partnership’s general partner.
AI-generated analysis. How Rhea-AI works. Not financial advice.
