TXO director buys 100,000 common units in market

TXO Partners, L.P. director and ten percent owner Bob R. Simpson bought a total of 100,000 Common Units in open-market purchases.

Rhea-AI Filing Summary

TXO Partners, L.P. director and ten percent owner Bob R. Simpson bought a total of 100,000 Common Units in open-market purchases. He acquired 36,718 units on June 22, 2026 at a weighted average price of $12.5545 per unit and 63,282 units on June 23, 2026 at a weighted average price of $12.6435 per unit. Following these transactions, he directly holds 9,100,000 Common Units. Each purchase was executed in multiple trades within stated price ranges, and full trade details are available upon request.

Insider Trade Summary

Net Buyer: 100,000 shares

Net Buy 2 txns

Insider SIMPSON BOB R

Role Director, 10% Owner

Bought 100,000 shs ($1.26M)

Type	Security	Shares	Price	Value
Purchase	Common Units	63,282	$12.6435	$800K
Purchase	Common Units	36,718	$12.5545	$461K

Holdings After Transaction: Common Units — 9,100,000 shares (Direct)

Footnotes (2)

1. F1. This transaction was executed in multiple trades at prices ranging from $12.52 to $12.60. 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. F2. This transaction was executed in multiple trades at prices ranging from $12.60 to $12.71. 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

Total units purchased: 100,000 Common Units Units bought June 22, 2026: 36,718 Common Units Weighted avg price June 22: $12.5545 per unit +5 more

8 metrics

Total units purchased 100,000 Common Units Open-market buys on June 22–23, 2026

Units bought June 22, 2026 36,718 Common Units Open-market purchase at weighted average price

Weighted avg price June 22 $12.5545 per unit Open-market purchase of 36,718 units

Units bought June 23, 2026 63,282 Common Units Open-market purchase at weighted average price

Weighted avg price June 23 $12.6435 per unit Open-market purchase of 63,282 units

Holdings after transactions 9,100,000 Common Units Direct ownership following June 23, 2026 trades

Price range trade 1 $12.52–$12.60 Multiple trades for one purchase date

Price range trade 2 $12.60–$12.71 Multiple trades for second purchase date

Key Terms

open-market purchase, Common Units, weighted average purchase price, ten percent owner

4 terms

open-market purchase financial

"transaction_action: "open-market purchase" for 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.

Common Units financial

"security_title is reported as "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.

ten percent owner financial

"reporting person is marked as "is_ten_percent_owner": 1"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Bob R. Simpson report for TXO Partners (TXO)?

Bob R. Simpson reported buying 100,000 TXO Partners Common Units in the open market. The purchases were split between June 22 and June 23, 2026, and were executed at weighted average prices slightly above $12.50 per unit.

How many TXO Partners (TXO) units does Bob R. Simpson own after this Form 4?

After these purchases, Bob R. Simpson directly holds 9,100,000 TXO Partners Common Units. This total reflects the addition of 100,000 units acquired over two trading days in June 2026 through open-market purchases.

At what prices did Bob R. Simpson buy TXO Partners (TXO) units?

Simpson’s reported weighted average purchase prices were $12.5545 and $12.6435 per unit. The June 22, 2026 trade averaged $12.5545, while the June 23, 2026 trade averaged $12.6435, each executed in multiple transactions within narrow price ranges.

Were Bob R. Simpson’s TXO Partners (TXO) trades single fills or multiple trades?

Each reported TXO purchase was executed in multiple trades within specified price ranges. The filing notes price ranges of $12.52–$12.60 and $12.60–$12.71, with the disclosed prices representing weighted averages across those individual executions.

Is Bob R. Simpson considered a major holder of TXO Partners (TXO)?

Yes, he is identified as both a director and a ten percent owner of TXO Partners. After these transactions he directly holds 9,100,000 Common Units, indicating a substantial ownership stake in the partnership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 05:49 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Units	06/22/2026		P		36,718(1)	A	$12.5545	9,036,718	D
Common Units	06/23/2026		P		63,282(2)	A	$12.6435	9,100,000	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $12.52 to $12.60. 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 $12.60 to $12.71. 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-fact	06/24/2026
	** Signature of Reporting Person	Date
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)