Mach Natural Resources withholds 16,156 units for taxes
The reported positions also include units held through four entities, and Ward disclaims beneficial ownership beyond any pecuniary interest.
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Rhea-AI Filing Summary
Mach Natural Resources LP withheld 16,156 common units from Tom L. Ward, CEO of Mach Natural Resources GP LLC, its general partner, on October 28, 2026, to satisfy tax withholding obligations associated with vesting phantom units. The reported price was $10.62 per unit; Ward’s direct holdings afterward were 14,205,136 common units. Reported indirect holdings were 13,467,452 units in the Tom L. Ward 1992 Revocable Living Trust, 421,100 in Mach Resources LLC, 167,030 in Tom L. Ward Family Foundation and 76,628 in WCT Resources LLC; Ward disclaims beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Units F5 | 16,156 | $10.62 | $172K |
| Holding | Common Units F1 | -- | -- | -- |
| Holding | Common Units F2 | -- | -- | -- |
| Holding | Common Units F3 | -- | -- | -- |
| Holding | Common Units F4 | -- | -- | -- |
Footnotes (5)
- F1. The Reporting Person is the Trustee of the Tom L. Ward 1992 Revocable Living Trust (the "Trust"). By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by the Trust, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly, or indirectly.
- F2. The Reporting Person exercises control over Mach Resources LLC ("Mach Resources"). Mach Resources is owned 50.5% by Tom L. Ward through the Trust and 49.5% by WCT Resources which is owned by certain trusts affiliated with Mr. Ward. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by Mach Resources, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- F3. The Reporting Person exercises control over the Tom L. Ward Family Foundation (the "Foundation"). By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by the Foundation, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly, or indirectly.
- F4. The Reporting Person exercises control over WCT Resources which is owned by certain trusts affiliated with Mr. Ward. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by WCT Resources, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- F5. The Issuer withheld units to satisfy the tax withholding obligations associated with the vesting of phantom units.
Key Figures
Key Terms
phantom units financial
tax withholding obligations financial
pecuniary interest financial
beneficial ownership financial
FAQ
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How many MNR common units were withheld, and why?
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