TXO Partners director buys 10,000 common units
TXO Partners, L.P. director William H. Adams III reported an open-market purchase of 10,000 Common Units of TXO on May 8, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
TXO Partners, L.P. director William H. Adams III reported an open-market purchase of 10,000 Common Units of TXO on May 8, 2026. The units were bought at a weighted average price of $12.4117 per unit, with individual trade prices ranging from $12.35 to $12.48. Following this transaction, Adams directly owns 128,951 Common Units, indicating a larger personal stake in the partnership.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
1 txn
Insider
ADAMS WILLIAM H III
Role
Director
Bought
10,000 shs ($124K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units | 10,000 | $12.4117 | $124K |
Holdings After Transaction:
Common Units — 128,951 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $12.35 to $12.48. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a secruity holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Units purchased: 10,000 Common Units
Weighted average price: $12.4117 per unit
Post-transaction holdings: 128,951 Common Units
+1 more
4 metrics
Units purchased
10,000 Common Units
Open-market purchase on May 8, 2026
Weighted average price
$12.4117 per unit
Price for purchased TXO Common Units
Post-transaction holdings
128,951 Common Units
Direct ownership after the reported purchase
Trade price range
$12.35–$12.48 per unit
Range of individual trade prices in the transaction
Key Terms
Common Units, open-market purchase, weighted average purchase price, Form 4
4 terms
Common Units financial
"This transaction was executed in multiple trades at prices ranging from $12.35 to $12.48."
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average purchase price financial
"The price reported above reflects the weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TXO director William H. Adams III report?
William H. Adams III reported an open-market purchase of 10,000 TXO Partners Common Units. The transaction reflects a direct increase in his ownership stake, signaling additional personal capital committed to the partnership’s units.
At what price did William H. Adams III buy TXO common units?
He purchased 10,000 TXO Common Units at a weighted average price of $12.4117 per unit. Individual trades occurred within a range from $12.35 to $12.48, according to the Form 4 footnote disclosure.
How many TXO common units does William H. Adams III own after the purchase?
After this transaction, William H. Adams III directly owns 128,951 Common Units of TXO Partners. This updated total reflects the newly acquired 10,000 units added to his existing holdings as reported in the Form 4 filing.
Was the TXO insider transaction a market purchase or another type of acquisition?
The transaction was an open-market purchase of Common Units, coded as “P” on Form 4. This indicates Adams bought the units on the market or in a private transaction, rather than receiving them as compensation or through option exercises.
What trading range did the TXO units have in William H. Adams III’s purchase?
The Common Units involved in the transaction were executed in multiple trades between $12.35 and $12.48 per unit. The reported transaction price of $12.4117 represents the weighted average purchase price across those individual trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates