Black Stone Minerals (NYSE: BSM) reports 7,665-unit distribution to trust
Rhea-AI Filing Summary
Black Stone Minerals, L.P. director Jerry V. Kyle Jr. reported that a trust associated with him acquired 7,665 common units on July 31, 2026 through a liquidating distribution from a family limited partnership over which he exercised no investment or voting control.
He also reports 322,489 common units held directly and additional indirect holdings of 250,088, 4,000, and 350,182 common units through various named trusts and a family limited partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,665 shares
Net Buy
5 txns
Insider
Kyle Jerry V. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common units representing limited partner interests F1 | 7,665 | -- | -- |
| holding | Common units representing limited partner interests | -- | -- | -- |
| 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 — 7,665 shares (Indirect, By trust);
Common units representing limited partner interests — 250,088 shares (Indirect, By Lena C Anderson Kyle 1968 Trust);
Common units representing limited partner interests — 322,489 shares (Direct);
Common units representing limited partner interests — 4,000 shares (Indirect, By family limited partnership);
Common units representing limited partner interests — 350,182 shares (Indirect, By Lena C A Kyle Trust)
Footnotes (1)
- F1. The units were acquired as part of a liquidating distribution from a family limited partnership over which the Reporting Person exercised no investment or voting control.
Key Figures
Trust units acquired: 7665.0000 units
Direct holdings after transaction: 322489.0000 units
Lena C Anderson Kyle 1968 Trust holdings: 250088.0000 units
+2 more
5 metrics
Trust units acquired
7665.0000 units
Common units acquired on 2026-07-31 by trust via liquidating distribution
Direct holdings after transaction
322489.0000 units
Common units held directly by Jerry V. Kyle Jr. as of 2026-07-31
Lena C Anderson Kyle 1968 Trust holdings
250088.0000 units
Indirect common units held by Lena C Anderson Kyle 1968 Trust
Family limited partnership holdings
4000.0000 units
Indirect common units held by family limited partnership
Lena C A Kyle Trust holdings
350182.0000 units
Indirect common units held by Lena C A Kyle Trust
Key Terms
liquidating distribution, family limited partnership, limited partner interests, indirect
4 terms
liquidating distribution financial
"acquired as part of a liquidating distribution from a family limited partnership"
A liquidating distribution is a payment made to shareholders when a company is winding up or selling off its assets, returning the investors’ share of the cash left after debts are paid. Think of it as splitting the proceeds from selling a house: creditors are paid first, then remaining money is handed back to owners; for investors this signals a company is ending operations and affects how much capital they recover and how it’s taxed.
family limited partnership financial
"from a family limited partnership over which the Reporting Person exercised no investment or voting control"
limited partner interests financial
"Common units representing limited partner interests"
An investor's ownership stake in a limited partnership that gives them rights to a share of profits and losses but not day-to-day control over the business, similar to being a silent partner in a project. For investors this matters because it defines how they earn returns, how much risk and liability they carry, and how easy it is to sell their position — all key factors when valuing and comparing investments.
indirect financial
"ownership_type "indirect" with nature "By trust" or "By family limited partnership""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Black Stone Minerals (BSM) director Jerry V. Kyle Jr. report?
Jerry V. Kyle Jr. reported that a trust associated with him acquired 7,665 common units of Black Stone Minerals on July 31, 2026 via a liquidating distribution from a family limited partnership over which he exercised no investment or voting control.
How many Black Stone Minerals (BSM) units are held directly by Jerry V. Kyle Jr. after this Form 4?
After the reported transactions, Jerry V. Kyle Jr. directly holds 322,489 common units of Black Stone Minerals. Separate lines in the filing also list several indirect holdings through trusts and a family limited partnership, each with its own reported unit balance.
What indirect trust and partnership holdings does Jerry V. Kyle Jr. report in BSM units?
The filing lists indirect holdings of 7,665 common units by a trust, 250,088 units by the Lena C Anderson Kyle 1968 Trust, 4,000 units by a family limited partnership, and 350,182 units by the Lena C A Kyle Trust, all in Black Stone Minerals.
What does the footnote say about Jerry V. Kyle Jr.’s control over the distributing partnership in BSM?
The footnote states the units were acquired through a liquidating distribution from a family limited partnership over which Jerry V. Kyle Jr. exercised no investment or voting control, clarifying his lack of control over that distributing entity.
Was the 7,665-unit acquisition in BSM executed on the open market?
The reported acquisition of 7,665 common units occurred as part of a liquidating distribution from a family limited partnership to a trust. The Form 4 describes a distribution rather than referencing any exchange-based purchase or sale transaction.
Does the Black Stone Minerals (BSM) Form 4 mention a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as relying on a plan. The transaction is instead described by code J as an “other acquisition or disposition,” reflecting the liquidating distribution to the trust.