Mach Natural Resources LP (MNR) director reports 13,587-unit phantom award
Rhea-AI Filing Summary
Mach Natural Resources LP reported that a director received a grant of 13,587 common units on 01/01/2026 at a price of $11.04 per unit. Following this transaction, the director beneficially owns 13,587 units in a direct ownership capacity.
The filing explains that these reported securities are phantom units, with each phantom unit representing a contingent right to receive one common unit of Mach Natural Resources LP upon vesting. The phantom units will vest on the first anniversary of the grant date, provided the director continues in service through that date. The director serves on the board of Mach Natural Resources GP LLC, the general partner that manages the issuer.
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FAQ
What insider transaction did Mach Natural Resources LP (MNR) report?
The company reported that a director acquired 13,587 common units of Mach Natural Resources LP on 01/01/2026 at a price of $11.04 per unit.
How many Mach Natural Resources LP (MNR) units does the reporting person own after the transaction?
After the reported transaction, the director beneficially owns 13,587 common units of Mach Natural Resources LP in direct ownership.
What are the phantom units mentioned in the Mach Natural Resources LP (MNR) Form 4?
The reported securities are phantom units, each representing a contingent right to receive one common unit of Mach Natural Resources LP when the award vests.
When do the Mach Natural Resources LP (MNR) phantom units vest?
The phantom units will vest on the first anniversary of the grant date, subject to the director’s continued service through that date.
What is the relationship of the reporting person to Mach Natural Resources LP (MNR)?
The reporting person is a Director of Mach Natural Resources GP LLC, the general partner of Mach Natural Resources LP, and the issuer is managed by the directors and executive officers of the general partner.
Was the Mach Natural Resources LP (MNR) transaction reported as an acquisition or a disposition?
The transaction was reported as an acquisition (A) of 13,587 common units at a price of $11.04 per unit.