Black Stone director granted 1,342 common units
Kyle Jerry V. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kyle Jerry V. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Black Stone Minerals, L.P. director Kyle Jerry V. Jr. reported receiving 1,342 common units representing limited partner interests at $13.97 per unit. This was a compensation-related grant, where he elected to take units instead of a cash retainer for board service.
Following the grant, he directly holds 322,489 common units350,182 units by the Lena C A Kyle Trust, 4,000 units by a family limited partnership, and 250,088 units by the Lena C Anderson Kyle 1968 Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,342 shares
Grant/Award
4 txns
Insider
Kyle Jerry V. Jr.
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 — 322,489 shares (Direct);
Common units representing limited partner interests — 250,088 shares (Indirect, By Lena C Anderson Kyle 1968 Trust);
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. 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: 1,342 common units
Grant price: $13.97 per unit
Direct holdings after grant: 322,489 common units
+3 more
6 metrics
Compensation grant
1,342 common units
Grant of common units in lieu of cash retainer
Grant price
$13.97 per unit
Price used for 1,342-unit compensation grant
Direct holdings after grant
322,489 common units
Direct ownership following the Form 4 grant
Lena C A Kyle Trust holdings
350,182 common units
Indirect ownership reported via Lena C A Kyle Trust
Family limited partnership holdings
4,000 common units
Indirect ownership via family limited partnership
1968 Trust holdings
250,088 common units
Indirect ownership via Lena C Anderson Kyle 1968 Trust
Key Terms
Common units representing limited partner interests, Grant, award, or other acquisition, in lieu of a cash retainer, family limited partnership
4 terms
Common units representing limited partner interests financial
"The security reported is common units representing limited partner interests."
Grant, award, or other acquisition financial
"Transaction code A is described as a grant, award, or other acquisition."
in lieu of a cash retainer financial
"The director elected to receive common units in lieu of a cash retainer."
family limited partnership financial
"Some indirect holdings are reported as owned by a family limited partnership."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kyle Jerry V. Jr. report in his latest Black Stone Minerals (BSM) Form 4?
He reported a grant of 1,342 common units at $13.97 per unit. These units were received as compensation, electing equity instead of a cash retainer for serving on the board of the partnership’s general partner.
How many Black Stone Minerals (BSM) units does Kyle Jerry V. Jr. now hold directly?
After the reported grant, he directly holds 322,489 common units. This figure reflects his direct ownership only and is separate from the additional indirect holdings reported through various family trusts and a family limited partnership.
Were the Black Stone Minerals (BSM) units in the Form 4 an open-market purchase?
No, the 1,342 units were not bought on the open market. They were granted as compensation, with the director choosing common units in lieu of a cash retainer for his service on the board of directors.
What indirect holdings in Black Stone Minerals (BSM) are associated with Kyle Jerry V. Jr.?
Indirectly, 350,182 units are held by the Lena C A Kyle Trust, 4,000 units by a family limited partnership, and 250,088 units by the Lena C Anderson Kyle 1968 Trust, all reported as indirect ownership interests.
What does the compensation election in the BSM Form 4 footnote mean for investors?
The footnote explains the director chose common units instead of a cash retainer. This indicates the transaction is part of routine board compensation rather than discretionary trading, framing the new 1,342-unit position as equity-based pay for board service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
