Director at XPLR Infrastructure (XIFR) receives 28,663 restricted units grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hickson Mark E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units Representing Limited Partner Interests | 28,663 | $0.00 | -- |
Holdings After Transaction:
Common Units Representing Limited Partner Interests — 82,812 shares (Direct)
Footnotes (1)
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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.