Mammoth Energy (NASDAQ: TUSK) officer reports 3,211-share in-kind distribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MAMMOTH ENERGY SERVICES, INC. director and Chief Business Officer Paul M. Jacobi reported an entity restructuring transaction involving 3,211 shares of common stock on an in-kind basis. According to the disclosure, the shares were distributed from MEH SUB LLC, an entity managed by Wexford Capital LP, and the move did not involve a purchase, sale, or any additional consideration. Following this in-kind distribution, Jacobi directly holds 31,067 shares of Mammoth Energy common stock, indicating a routine reallocation of ownership rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jacobi Paul M.
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 3,211 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,067 shares (Direct)
Footnotes (1)
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Key Figures
In-kind distribution: 3,211 shares
Holding after transaction: 31,067 shares
Transaction price: $0.00 per share
+2 more
5 metrics
In-kind distribution
3,211 shares
Common Stock transferred from MEH SUB LLC
Holding after transaction
31,067 shares
Direct common stock ownership after Form 4 event
Transaction price
$0.00 per share
No additional consideration for in-kind distribution
Transaction code
J
Other acquisition or disposition classification
Restructuring shares
3,211 shares
Classified as restructuring in transaction summary
Key Terms
in-kind distribution, Other acquisition or disposition, MEH SUB LLC, restructuringShares, +1 more
5 terms
in-kind distribution financial
"Represents an in-kind distribution from MEH SUB LLC, an entity managed by Wexford Capital LP"
Other acquisition or disposition regulatory
"transaction_code_description: "Other acquisition or disposition""
MEH SUB LLC financial
"Represents an in-kind distribution from MEH SUB LLC, an entity managed by Wexford Capital LP"
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.
FAQ
What insider transaction did Paul M. Jacobi report at MAMMOTH ENERGY SERVICES (TUSK)?
Paul M. Jacobi reported an in-kind distribution of 3,211 shares of common stock. The shares were distributed from MEH SUB LLC and involved no purchase, sale, or additional consideration, reflecting a restructuring-type transfer rather than an open-market transaction.
How is the Jacobi TUSK transaction classified in the Form 4 filing?
The transaction is coded J, described as an “Other acquisition or disposition.” It is further characterized as a restructuring event involving an in-kind distribution of 3,211 shares, not a conventional buy or sell in the open market.