Mach Natural Resources director gets 11,539-unit grant
The phantom units represent contingent rights to common units and vest after one year only if service continues.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Edgar R. Giesinger Jr., a director of Mach Natural Resources GP LLC, the general partner of Mach Natural Resources LP (MNR), received an award of 11,539 phantom units on October 28, 2026. The reported transaction price was $13 per unit. Each phantom unit represents a contingent right to receive one common unit upon vesting; the units vest on the first anniversary of the grant date, subject to continued service. His reported direct position following the transaction was 40,650 units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units F1 | 11,539 | $13.00 | $150K |
Footnotes (1)
- F1. The reported securities represent phantom units. Each phantom unit represents the contingent right to receive one common unit of the Issuer upon vesting. The phantom units will vest on the first anniversary of the grant date, subject in each case to the continued service through such dates.
Key Figures
Key Terms
phantom units financial
contingent right financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom units did MNR director Edgar R. Giesinger Jr. receive?
When do Edgar R. Giesinger Jr.'s MNR phantom units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.