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XPLR Infrastructure (XIFR) director granted 22,299 common units in equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dunne Michael reported acquisition or exercise transactions in this Form 4 filing.

XPLR Infrastructure, LP director Michael Dunne received an equity award of 22,299 common units representing limited partner interests on February 17, 2026. The units were granted at a price of $0.00 per unit pursuant to the issuer's 2024 Long Term Incentive Plan and are exempt under Rule 16b-3. Following this grant, Dunne directly owns a total of 41,032 common units.

Positive

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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*
Dunne Michael

(Last) (First) (Middle)
C/O XPLR INFRASTRUCTURE, LP
700 UNIVERSE BLVD

(Street)
JUNO BEACH FL 33408

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
XPLR Infrastructure, LP [ XIFR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 Representing Limited Partner Interests 02/17/2026 A(1) 22,299 A $0 41,032 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. Restricted Common units granted pursuant to Issuer's 2024 Long Term Incentive Plan, exempt under Rule 16b-3.
David Flechner (Attorney-in-Fact) 02/18/2026
** 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.

FAQ

What did Michael Dunne acquire in the latest XIFR Form 4 filing?

Michael Dunne received a grant of 22,299 common units representing limited partner interests. These units were awarded at $0.00 per unit under XPLR Infrastructure, LP’s 2024 Long Term Incentive Plan and classified as a grant, award, or other acquisition.

How many XPLR Infrastructure (XIFR) units does Michael Dunne own after this grant?

After the February 17, 2026 grant, Michael Dunne directly owns 41,032 common units. This total includes the newly awarded 22,299 units granted under the 2024 Long Term Incentive Plan and reflects his updated direct beneficial ownership position.

What is the transaction code and meaning in the XIFR Form 4 for Michael Dunne?

The transaction is reported with code “A,” described as a grant, award, or other acquisition. This indicates the 22,299 common units were received as an equity award rather than purchased on the open market, consistent with the company’s long-term incentive program.

Was there any purchase price for Michael Dunne’s newly granted XIFR units?

The granted 22,299 common units carried a transaction price of $0.00 per unit. This reflects that the units were awarded as compensation under the 2024 Long Term Incentive Plan, not acquired through a cash purchase or market transaction.

Under what plan were Michael Dunne’s XIFR units granted?

The restricted common units were granted pursuant to XPLR Infrastructure, LP’s 2024 Long Term Incentive Plan. The footnote specifies that the award is exempt under Rule 16b-3, indicating it is a board- or committee-approved compensatory equity grant.

Are Michael Dunne’s XIFR units held directly or indirectly after this Form 4?

The Form 4 reports Michael Dunne’s ownership as direct, coded “D” for ownership type. Following the equity award of 22,299 units, his directly held position totals 41,032 common units representing limited partner interests in XPLR Infrastructure, LP.
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