Black Stone Minerals director receives unit grant
Stuart Alexander D. reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Stuart Alexander D. reported acquisition or exercise transactions in this Form 4 filing.
Black Stone Minerals, L.P. director Stuart Alexander D. received a grant of 1,570 common units representing limited partner interests on April 2, 2026 at $15.12 per unit. He elected units instead of a cash retainer for Board service and now holds 2,054,275 units directly, plus additional indirect holdings through various trusts and entities, including 2,112,711 units held by Topsfield Energy Ltd.
Insider Trade Summary
Grant/Award: 1,570 shares
Grant/Award
1 txn
Insider
Stuart Alexander D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common units representing limited partner interests | 1,570 | $15.12 | $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 — 2,054,275 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
Units granted: 1,570 common units
Grant price per unit: $15.12 per unit
Direct holdings after grant: 2,054,275 units
+3 more
6 metrics
Units granted
1,570 common units
Equity retainer grant on April 2, 2026
Grant price per unit
$15.12 per unit
Value used for the 1,570-unit award
Direct holdings after grant
2,054,275 units
Common units directly owned following the transaction
Indirect holdings via Topsfield Energy Ltd.
2,112,711 units
Common units held indirectly through Topsfield Energy Ltd.
Acquisition transactions
1 transaction coded A
Grant, award, or other acquisition on Form 4
Holding entries
11 entries
Indirect ownership holdings reported on the Form 4
Key Terms
Form 4, common units representing limited partner interests, grant, award, or other acquisition, indirect ownership, +1 more
5 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""
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
indirect ownership financial
"ownership_type: "indirect" with various trusts and entities"
Board of Directors regulatory
"cash retainer for service on the Board of Directors"
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 insider transaction did BSM director Stuart Alexander report on this Form 4?
BSM director Stuart Alexander reported receiving a grant of 1,570 common units representing limited partner interests. The units were received as compensation, reflecting his election to take equity instead of a cash retainer for serving on the Board of the Partnership’s general partner.
At what price were the Black Stone Minerals (BSM) units granted to the director?
The 1,570 common units were granted at a price of $15.12 per unit. This price is used to value the equity compensation award that the director received in lieu of a cash retainer for his Board service on the Partnership’s general partner.
How many Black Stone Minerals (BSM) units does the director hold directly after this grant?
Following the grant, the director directly holds 2,054,275 common units representing limited partner interests. This figure reflects his direct ownership position after adding the 1,570-unit compensation award he elected to receive instead of a cash retainer for Board service.
Is the BSM Form 4 transaction an open-market purchase or compensation grant?
The transaction is a compensation-related grant, not an open-market purchase. The Form 4 classifies it with code A, described as a grant, award, or other acquisition, and the footnote explains he elected to receive common units instead of a cash retainer for Board service.
What indirect ownership interests in Black Stone Minerals (BSM) are reported for the director?
The Form 4 lists multiple indirect holdings through entities such as RDS Investments, L.P., several family trusts, and Topsfield Energy Ltd. One example is 2,112,711 common units held indirectly through Topsfield Energy Ltd., reflecting additional ownership associated with the reporting person.
Does the BSM Form 4 indicate any insider sales or dispositions of units?
The Form 4 does not show any sales or dispositions. It reports one acquisition coded as a grant or award of 1,570 common units and several holding entries with indirect ownership, with transaction summary data showing no sell transactions or net buy-sell share changes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
