NRP Insider Sale: Gregory Wooten Disposes of 8,607 Units on 09/08/2025
Rhea-AI Filing Summary
Gregory F. Wooten, Senior Vice President and Chief Engineer of Natural Resource Partners L.P. (NRP), reported an insider sale on 09/08/2025. He sold 8,607 common units at $100.2374 per unit and after the transaction directly beneficially owned 28,656 common units. The Form 4 was signed and filed on 09/10/2025. The filing records a routine disposition by an officer and shows remaining direct ownership.
Positive
- Timely disclosure of the insider sale with a signed Form 4 filed on 09/10/2025
- Clear reporting of transaction details: date, number of units, price, and post-transaction ownership
Negative
- Insider disposition of 8,607 common units reduces the reporting person’s stake
- No contextual information on total outstanding units or percentage ownership to assess materiality
Insights
TL;DR: Routine officer sale of 8,607 units at $100.2374 leaving 28,656 units owned; appears non-material absent larger context.
The reported sale is a straightforward Section 16 disclosure showing an officer reduced holdings by 8,607 units on 09/08/2025 at a price of $100.2374 per unit. The reporting person retains direct ownership of 28,656 units after the sale. Without additional context on total outstanding units or recent trading patterns, this transaction reads as a routine insider disposition rather than a clearly material event.
TL;DR: Timely Form 4 filing documents an officer sale; disclosure practices appear compliant.
The Form 4 is signed and filed within two days of the transaction date, which aligns with ordinary Section 16 reporting expectations. The form identifies the reporting person as an officer and specifies direct beneficial ownership both before and after the sale. From a governance perspective, the filing provides the required transparency on insider trading activity.