TXO Partners director buys 65,592 common units
TXO Partners, L.P. director and 10% owner Bob R. Simpson reported an open-market purchase of 65,592 Common Units at a weighted average price of $13.2036 per unit.
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Form Type
4
Rhea-AI Filing Summary
TXO Partners, L.P. director and 10% owner Bob R. Simpson reported an open-market purchase of 65,592 Common Units at a weighted average price of $13.2036 per unit. After this transaction, he directly holds 8,400,000 Common Units, so the buy is a small addition to an already large position.
Insider Trade Summary
Net Buyer: 65,592 shares
Net Buy
1 txn
Insider
SIMPSON BOB R
Role
Director, 10% Owner
Bought
65,592 shs ($866K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units | 65,592 | $13.2036 | $866K |
Holdings After Transaction:
Common Units — 8,400,000 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $13.15 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.
Key Figures
Insider purchase size: 65,592 Common Units
Weighted average purchase price: $13.2036 per unit
Post-transaction holdings: 8,400,000 Common Units
+1 more
4 metrics
Insider purchase size
65,592 Common Units
Open-market buy by Bob R. Simpson
Weighted average purchase price
$13.2036 per unit
Price for 65,592 TXO Partners Common Units
Post-transaction holdings
8,400,000 Common Units
Direct ownership after the reported transaction
Trade price range
$13.15–$13.31 per unit
Range of individual executions underlying weighted average
Key Terms
open-market purchase, Common Units, weighted average purchase price, transaction code "P"
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.
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.
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.
transaction code "P" financial
"transaction_code": "P","transaction_code_description": "Purchase in open market or private transaction""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bob R. Simpson report at TXO (TXO)?
Bob R. Simpson reported an open-market purchase of 65,592 TXO Partners Common Units. The weighted average price was $13.2036 per unit, reflecting multiple trades between $13.15 and $13.31 executed on the same date.
At what price did the TXO insider buy the 65,592 Common Units?
The reported purchase price was a weighted average of $13.2036 per TXO Partners Common Unit. Trades were executed in multiple lots between $13.15 and $13.31, with the filing offering to provide detailed trade breakdowns upon request.
How many TXO Partners (TXO) units does Bob R. Simpson own after this trade?
Following the reported purchase, Bob R. Simpson directly holds 8,400,000 TXO Partners Common Units. This context shows the 65,592-unit buy is relatively small compared with his overall disclosed ownership position in the partnership.
Was the TXO insider transaction a purchase or a sale?
The TXO Partners Form 4 shows a purchase transaction. Bob R. Simpson executed an open-market buy of 65,592 Common Units, classified under transaction code “P,” which denotes a purchase in open market or private transactions under SEC reporting rules.
What does the weighted average price mean in the TXO Form 4 filing?
The weighted average price of $13.2036 reflects multiple trades between $13.15 and $13.31. Instead of listing every execution, the filing reports the average and notes that full trade details, including individual prices and share amounts, are available upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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