Director at XPLR Infrastructure (XIFR) receives 28,663 restricted units grant

Rhea-AI Filing Summary

XPLR Infrastructure, LP reported that director Mark E. Hickson acquired 28,663 restricted common units representing limited partner interests as a grant under the issuer's 2024 Long Term Incentive Plan. The award, at a stated price of $0.0000 per unit, increases his direct holdings to 82,812 common units.

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

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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^*

Hickson Mark E

(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)		28,663	A	$0	82,812	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
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FAQ

What insider transaction did XPLR Infrastructure (XIFR) disclose for Mark E. Hickson?

XPLR Infrastructure disclosed that director Mark E. Hickson received a grant of 28,663 restricted common units. These units represent limited partner interests and were awarded under the company’s 2024 Long Term Incentive Plan, increasing his direct holdings to 82,812 common units.

Was cash paid for the 28,663 units granted to the XPLR Infrastructure director?

No cash was paid for the grant; the 28,663 restricted common units were reported at a transaction price of $0.0000 per unit. This indicates an equity-based compensation award rather than an open-market purchase of XPLR Infrastructure, LP common units.

How many XPLR Infrastructure (XIFR) units does Mark E. Hickson own after this Form 4 grant?

After the reported grant, Mark E. Hickson directly holds 82,812 common units of XPLR Infrastructure, LP. This total reflects the addition of 28,663 restricted common units awarded under the issuer’s 2024 Long Term Incentive Plan as disclosed in the Form 4.

What plan governed the restricted unit award reported for XPLR Infrastructure (XIFR)?

The restricted common units were granted under XPLR Infrastructure, LP’s 2024 Long Term Incentive Plan. The filing notes the award is exempt under Rule 16b-3, indicating it is a board-approved equity compensation grant to a director, rather than a market transaction.

Is the Form 4 transaction for XPLR Infrastructure (XIFR) a purchase or an award?

The Form 4 reports an award, not a purchase. It classifies the 28,663 common units as a "Grant, award, or other acquisition" of restricted units, with a zero-dollar price, reflecting equity compensation to director Mark E. Hickson under the 2024 Long Term Incentive Plan.