Black Stone Minerals director granted 1,240 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 director D. Mark DeWalch received an equity grant of 1,240 common units representing limited partner interests on April 2, 2026 at $15.12 per unit. According to the footnote, he elected to take these units instead of a cash retainer for serving on the Board of Directors.
After this grant, he holds 393,845 units directly. He also reports additional indirect holdings, including units held through DeWalch Diversified LP, a personal trust, and his wife, reflecting a larger overall economic interest in Black Stone Minerals.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,240 shares
Grant/Award
4 txns
Insider
DeWalch D Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common units representing limited partner interests | 1,240 | $15.12 | $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 — 393,845 shares (Direct);
Common units representing limited partner interests — 558,522 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
Equity grant: 1,240 units
Grant price: $15.12 per unit
Direct holdings after grant: 393,845 units
+3 more
6 metrics
Equity grant
1,240 units
Common units granted on April 2, 2026
Grant price
$15.12 per unit
Price used for 1,240-unit award
Direct holdings after grant
393,845 units
Directly owned common units following transaction
Indirect holdings via DeWalch Diversified LP
558,522 units
Indirect ownership reported as of April 2, 2026
Indirect holdings via trust
40,809 units
Units held by Donald Mark DeWalch Trust
Indirect holdings via wife
6,749 units
Units reported as held by wife
Key Terms
Form 4, Common units representing limited partner interests, cash retainer, Board of Directors
4 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common units representing limited partner interests financial
"security_title": "Common units representing limited partner interests""
cash retainer financial
"elected to receive common units in lieu of a cash retainer for service"
Board of Directors financial
"cash retainer for service on the Board of Directors of the Partnership's General Partner"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did D. Mark DeWalch report in his Form 4 for BSM?
He reported receiving 1,240 Black Stone Minerals common units as an equity grant. These units were taken in lieu of a cash retainer for his service on the Board of Directors, reflecting compensation rather than an open-market purchase or sale.
Was the BSM Form 4 transaction a market buy or sell?
No, it was not a market buy or sell. The Form 4 shows a grant coded as an acquisition (A), where DeWalch chose to receive 1,240 common units instead of cash for his board retainer, a routine compensation-related transaction.
How many Black Stone Minerals units does DeWalch hold directly after this grant?
Following the grant, he holds 393,845 common units directly. This figure reflects his direct ownership position in Black Stone Minerals and shows the 1,240-unit grant is small relative to his existing direct stake.
What indirect holdings in BSM does DeWalch report on this Form 4?
He reports indirect holdings of 558,522 units through DeWalch Diversified LP, 40,809 units through the Donald Mark DeWalch Trust, and 6,749 units held by his wife, indicating substantial additional economic exposure beyond his direct holdings.
What price was used for the BSM units granted to DeWalch?
The grant used a price of $15.12 per common unit. This value is reported on the Form 4 as the transaction price per unit for the 1,240-unit equity award he received instead of a cash board retainer.
Why did DeWalch receive BSM units instead of cash compensation?
A disclosed arrangement allowed him to elect units instead of a cash retainer. The footnote explains he chose common units in lieu of cash for serving on the Board of Directors of the partnership’s general partner, aligning part of his pay with equity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
