BSM director granted 1,700 common units as retainer
Stuart Alexander D. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Stuart Alexander D. reported acquisition or exercise transactions in this Form 4 filing.
Black Stone Minerals, L.P. director Alexander D. Stuart received a grant of 1,700 common units representing limited partner interests at a value of $13.97 per unit. According to the footnote, he elected to receive these units instead of a cash retainer for serving on the board.
After this compensation award, he directly holds 2,055,975 common units. Additional common units are held indirectly through various trusts and investment entities associated with his family, reflecting a sizable, largely unchanged ownership position. No open-market purchases or sales are reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,700 shares
Grant/Award
12 txns
Insider
Stuart Alexander D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common units representing limited partner interests | 1,700 | $13.97 | $24K |
| 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 | -- | -- | -- |
| 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 | -- | -- | -- |
| 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 — 2,055,975 shares (Direct);
Common units representing limited partner interests — 1,251,634 shares (Indirect, By RDS Investments, L.P.);
Common units representing limited partner interests — 74,541 shares (Indirect, By Alexander Douglas Stuart Primary Trust);
Common units representing limited partner interests — 74,541 shares (Indirect, By Marian Stuart Pillsbury Primary Trust);
Common units representing limited partner interests — 159,901 shares (Indirect, By UA R Douglas Stuart III Marital Trust);
Common units representing limited partner interests — 74,541 shares (Indirect, By Robert D. Stuart III Primary Trust);
Common units representing limited partner interests — 74,541 shares (Indirect, By James McClure Stuart Primary Trust);
Common units representing limited partner interests — 239,333 shares (Indirect, By Marian S. Pillsbury Family 2012 GST Trust);
Common units representing limited partner interests — 286,976 shares (Indirect, By Ann Peake Stuart 2011 Exempt Trust);
Common units representing limited partner interests — 180,775 shares (Indirect, By Robert D. Stuart, Jr. 1996 Marital Trust);
Common units representing limited partner interests — 6,687 shares (Indirect, By Barbara E Stuart GST Exempt Trust fbo Alexander D Stuart);
Common units representing limited partner interests — 2,112,711 shares (Indirect, By Topsfield Energy Ltd.)
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
Compensation grant: 1,700 units
Grant value per unit: $13.97 per unit
Direct holdings after grant: 2,055,975 units
+2 more
5 metrics
Compensation grant
1,700 units
Common units granted as board retainer
Grant value per unit
$13.97 per unit
Value used for 1,700-unit grant
Direct holdings after grant
2,055,975 units
Common units held directly post-transaction
Indirect holdings via Topsfield Energy Ltd.
2,112,711 units
Common units held indirectly through Topsfield Energy Ltd.
Indirect holdings via RDS Investments, L.P.
1,251,634 units
Common units held indirectly through RDS Investments, L.P.
Key Terms
Common units representing limited partner interests, Grant, award, or other acquisition, indirect ownership, cash retainer
4 terms
Common units representing limited partner interests financial
"security_title: "Common units representing limited partner interests""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership by various trusts"
cash retainer financial
"elected to receive common units in lieu of a cash retainer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BSM director Alexander D. Stuart report?
Alexander D. Stuart reported receiving 1,700 Black Stone Minerals (BSM) common units as a compensation grant. The units were valued at $13.97 each and were taken in lieu of a cash retainer for his service on the board of the partnership’s general partner.
Was the BSM Form 4 transaction a market purchase or sale?
The Form 4 for Black Stone Minerals (BSM) does not show a market purchase or sale. It reports a grant of 1,700 common units as compensation, elected instead of a cash retainer, with no open-market buying or selling activity disclosed in this filing.
How many BSM units does Alexander D. Stuart hold directly after this filing?
Following the reported grant, Alexander D. Stuart directly holds 2,055,975 Black Stone Minerals (BSM) common units. This figure reflects his direct ownership position, separate from additional units held indirectly through various family trusts and investment entities listed in the filing.
What price was used for the BSM units granted to Alexander D. Stuart?
The 1,700 Black Stone Minerals (BSM) common units granted to Alexander D. Stuart were valued at $13.97 per unit. This value is used in the filing to describe the grant, which he accepted instead of receiving a cash retainer for his board service.
Does the BSM Form 4 show indirect holdings for Alexander D. Stuart?
Yes. The Black Stone Minerals (BSM) Form 4 lists multiple indirect holdings through entities such as Topsfield Energy Ltd. and several family trusts. Each entity’s line shows the number of common units held after the reported date as indirect ownership interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
