---
schema_version: "secwatch.filing_event.v1"
accession: "0001176334-21-000223"
form_type: "8-K"
ticker: "MMLP"
cik: "0001176334"
company_name: "MARTIN MIDSTREAM PARTNERS L.P."
filed_at: "2021-11-29T23:59:59+00:00"
generated_at: "2026-06-28T05:03:49.428113+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Martin Midstream simplifies GP structure; IDRs eliminated after Alinda stake bought by Ruben Martin entity

## Summary
- Senterfitt (owned by CEO Ruben Martin) acquired Alinda's 49% voting interest in Holdings, which controls the GP.
- IDRs eliminated; amended partnership agreement effective immediately.
- Board reduced from 7 to 5 members; Alinda's appointment rights removed.
- MRMC holds call option to purchase Senterfitt's Holdings interests for ten years.
- Martin family consolidates control; management cites long-term unitholder alignment.

## SEC filing metadata
- accession: 0001176334-21-000223
- form_type: 8-K
- ticker: MMLP
- cik: 0001176334
- company_name: MARTIN MIDSTREAM PARTNERS L.P.
- filed_at: 2021-11-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176334/000117633421000223/0001176334-21-000223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176334/000117633421000223/mmlp-20211123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001176334-21-000223
- JSON: https://secwatch.observer/filing/0001176334-21-000223.json
- Plain text: https://secwatch.observer/filing/0001176334-21-000223.txt

## Key facts
- Executive change
  Zachary S. Stanton resigned as director at MARTIN MIDSTREAM PARTNERS L.P..
  - Action: resigned
  - Role: director
  source text: Zachary S. Stanton and Christopher M. Reid (collectively, the “Departing Directors”) resigned as directors of the Board, effective November 23, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176334/000117633421000223/0001176334-21-000223-index.htm
- Executive change
  Christopher M. Reid resigned as director at MARTIN MIDSTREAM PARTNERS L.P..
  - Action: resigned
  - Role: director
  source text: Zachary S. Stanton and Christopher M. Reid (collectively, the “Departing Directors”) resigned as directors of the Board, effective November 23, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176334/000117633421000223/0001176334-21-000223-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.