STOCK TITAN
  1. Home
  2. Sec-filings
  3. TXO
  4. [Form 4] TXO Partners, L.P. Insider Trading Activity

Bob R. Simpson boosts TXO (NYSE: TXO) stake with 384,408-unit open-market buy

Filing Impact
(Very High)
Filing Sentiment
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

TXO Partners, L.P. director and ten percent owner Bob R. Simpson reported a series of open-market purchases of Common Units. He bought 245,549 units on May 21, 2026 at a weighted average price of $13.6967, 104,451 units on May 22, 2026 at $13.7735, and 34,408 units on May 26, 2026 at $13.2662.

After these transactions, Simpson directly owned 8,334,408 Common Units. Each trade was executed in multiple lots within stated price ranges, with the reported prices reflecting weighted averages.

Positive

  • None.

Negative

  • None.
Insider SIMPSON BOB R
Role null
Bought 384,408 shs ($5.26M)
Type Security Shares Price Value
Purchase Common Units 34,408 $13.2662 $456K
Purchase Common Units 104,451 $13.7735 $1.44M
Purchase Common Units 245,549 $13.6967 $3.36M
Holdings After Transaction: Common Units — 8,334,408 shares (Direct, null)
Footnotes (1)
  1. This transaction was executed in multiple trades at prices ranging from $13.44 to $13.75. 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. This transaction was executed in multiple trades at prices ranging from $13.48 to $13.85. 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. This transaction was executed in multiple trades at prices ranging from $13.18 to $13.31. 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.
Total units purchased 384,408 units Aggregate net buys in this Form 4
Units bought May 21, 2026 245,549 units Open-market purchase of Common Units
Units bought May 22, 2026 104,451 units Open-market purchase of Common Units
Units bought May 26, 2026 34,408 units Open-market purchase of Common Units
Weighted avg price May 21 $13.6967 per unit Common Units open-market purchase
Weighted avg price May 22 $13.7735 per unit Common Units open-market purchase
Weighted avg price May 26 $13.2662 per unit Common Units open-market purchase
Post-transaction holdings 8,334,408 units Common Units directly owned after May 26, 2026
open-market purchase financial
"Each transaction is described as an open-market purchase of Common Units."
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 reflects the weighted average purchase price for multiple trades."
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.
Common Units financial
"Simpson reported purchasing TXO Common Units in three separate transactions."
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.
ten percent owner financial
"Bob R. Simpson is identified as a director and ten percent owner."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SIMPSON BOB R
(Last)(First)(Middle)
400 W 7TH STREET
(Street)
FORTWORTH TEXAS 76102
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
TXO Partners, L.P. [ TXO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Units05/21/2026P245,549(1)A$13.69678,195,549D
Common Units05/22/2026P104,451(2)A$13.77358,300,000D
Common Units05/26/2026P34,408(3)A$13.26628,334,408D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $13.44 to $13.75. 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.
2. This transaction was executed in multiple trades at prices ranging from $13.48 to $13.85. 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.
3. This transaction was executed in multiple trades at prices ranging from $13.18 to $13.31. 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.
Remarks:
The Reporting Person is Chairman of TXO GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the board of directors and executive officers of the General Partner.
/s/ Brent W. Clum, Attorney-in-fact05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Bob R. Simpson report for TXO?

Bob R. Simpson reported three open-market purchases of TXO Common Units. He bought 245,549 units on May 21, 104,451 units on May 22, and 34,408 units on May 26, 2026, all at weighted average prices around the mid-$13 range.

How many TXO units does Bob R. Simpson own after these purchases?

After the reported transactions, Bob R. Simpson directly owns 8,334,408 TXO Common Units. This total reflects his holdings following the May 26, 2026 purchase and shows the size of his continuing ownership stake as a director and ten percent owner.

What prices did Bob R. Simpson pay for his recent TXO unit purchases?

Simpson’s reported weighted average purchase prices were $13.6967 on May 21, $13.7735 on May 22, and $13.2662 on May 26, 2026. The filing notes each transaction occurred through multiple trades within specified price ranges around these averages.

Were Bob R. Simpson’s TXO transactions open-market purchases?

Yes, all three transactions are classified as open-market purchases of TXO Common Units. The filing uses transaction code “P” and describes each as a purchase in the open market or a private transaction, indicating they were standard buy orders rather than option exercises.

How many TXO units did Bob R. Simpson buy in total in this Form 4?

Across the three reported transactions, Simpson bought a total of 384,408 TXO Common Units. This aggregate figure comes from the Form 4 transaction summary, which shows a net-buy direction with 384,408 shares purchased and no reported sales during the period.

How were the trade prices for Bob R. Simpson’s TXO purchases calculated?

Each reported price is a weighted average purchase price for multiple trades executed that day. Footnotes explain that actual trades occurred within specific price ranges, and Simpson undertakes to provide full trade details to SEC staff, the issuer, or security holders upon request.