TXO Partners director buys 148K common units
TXO Partners, L.P. director and major unitholder Bob R. Simpson reported two open-market purchases of common units.
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Form Type
4
Rhea-AI Filing Summary
TXO Partners, L.P. director and major unitholder Bob R. Simpson reported two open-market purchases of common units. On May 18, 2026, he bought 58,251 common units at a weighted average price of $13.1687 per unit, across multiple trades between $13.25 and $13.42. On May 20, 2026, he bought an additional 90,152 common units at a weighted average price of $13.3514, in trades ranging from $12.86 to $13.50. Following these purchases, he directly holds 7,950,000 common units of TXO Partners, L.P.
Insider Trade Summary
Net Buyer: 148,403 shares
Net Buy
2 txns
Insider
SIMPSON BOB R
Role
Director, 10% Owner
Bought
148,403 shs ($1.97M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units | 90,152 | $13.3514 | $1.20M |
| Purchase | Common Units | 58,251 | $13.1687 | $767K |
Holdings After Transaction:
Common Units — 7,950,000 shares (Direct)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $12.86 to $13.50. 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.
- F2. This transaction was executed in multiple trades at prices ranging from $13.25 to $13.42. 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 bought on May 18, 2026: 58,251 common units
Units bought on May 20, 2026: 90,152 common units
Total units bought in filing: 148,403 common units
+3 more
6 metrics
Units bought on May 18, 2026
58,251 common units
Open-market purchase at $13.1687 weighted average price
Units bought on May 20, 2026
90,152 common units
Open-market purchase at $13.3514 weighted average price
Total units bought in filing
148,403 common units
Sum of May 18 and May 20, 2026 open-market purchases
Holdings after transactions
7,950,000 common units
Direct ownership after May 20, 2026 purchase
May 18 trade price range
$13.25–$13.42
Price range of multiple trades on May 18, 2026
May 20 trade price range
$12.86–$13.50
Price range of multiple trades on May 20, 2026
Key Terms
open-market purchase, weighted average purchase price, Common Units, Form 4
4 terms
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.
Common Units financial
"security_title: Common Units"
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.
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 transactions did TXO (TXO Partners, L.P.) report in this Form 4?
Bob R. Simpson reported buying TXO common units in two open-market transactions. He acquired 58,251 units on May 18, 2026, and 90,152 units on May 20, 2026, increasing his direct holdings to 7,950,000 common units.
How many TXO common units did Bob R. Simpson buy and at what prices?
He bought a total of 148,403 TXO common units. The May 18, 2026 purchase averaged $13.1687 per unit, while the May 20, 2026 purchase averaged $13.3514 per unit, both executed in multiple trades within specified price ranges.
What are Bob R. Simpson’s TXO holdings after these insider purchases?
After the reported transactions, Bob R. Simpson directly holds 7,950,000 TXO common units. This post-transaction figure comes from the Form 4 totals, reflecting his ownership following the May 20, 2026 open-market purchase.
Were the TXO insider purchases executed in single trades or multiple trades?
Both insider purchases were executed in multiple trades. The May 18, 2026 trades occurred between $13.25 and $13.42, and the May 20, 2026 trades occurred between $12.86 and $13.50, with weighted average prices reported for each date.
What does a weighted average purchase price mean in this TXO Form 4 filing?
The weighted average purchase price represents the average price paid per unit across several trades on a given date. For TXO, Simpson’s May 18 trades averaged $13.1687 and his May 20 trades averaged $13.3514, even though individual trade prices varied within disclosed ranges.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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