Director John W. Ketchum awarded 87,663 XPLR (XIFR) common units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
XPLR Infrastructure, LP reported that director John W. Ketchum acquired 87,663 Common Units Representing Limited Partner Interests on a non-cash basis. These restricted common units were granted at a price of $0.00 per unit under the issuer's 2024 Long Term Incentive Plan and are exempt under Rule 16b-3. Following this grant, Ketchum directly holds a total of 219,793 common units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KETCHUM JOHN W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units Representing Limited Partner Interests | 87,663 | $0.00 | -- |
Holdings After Transaction:
Common Units Representing Limited Partner Interests — 219,793 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did XPLR Infrastructure (XIFR) disclose for John W. Ketchum?
XPLR Infrastructure disclosed that director John W. Ketchum received a grant of 87,663 restricted Common Units on February 17, 2026. The units were awarded at $0.00 per unit under the 2024 Long Term Incentive Plan, increasing his direct holdings to 219,793 units.
Was the XPLR Infrastructure (XIFR) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market trade; it was a grant or award. John W. Ketchum acquired 87,663 restricted Common Units at $0.00 per unit under the 2024 Long Term Incentive Plan, classified as a grant, award, or other acquisition.
How many XPLR Infrastructure (XIFR) units does John W. Ketchum own after the award?
After the reported award, John W. Ketchum directly owns 219,793 Common Units of XPLR Infrastructure. This total includes the newly granted 87,663 restricted units issued under the issuer’s 2024 Long Term Incentive Plan and reported as a direct ownership position.
What plan governed the restricted unit grant reported by XPLR Infrastructure (XIFR)?
The restricted Common Units were granted under XPLR Infrastructure’s 2024 Long Term Incentive Plan. The Form 4 notes that the award of 87,663 units to John W. Ketchum is exempt from certain insider trading rules under Rule 16b-3, indicating a compensatory equity grant.
What does the Form 4 transaction code 'A' mean for XPLR Infrastructure (XIFR)?
The transaction code “A” on the Form 4 indicates a grant, award, or other acquisition. For XPLR Infrastructure, it reflects that John W. Ketchum received 87,663 restricted Common Units as compensation, rather than buying them in the open market or through a cash transaction.