other
confidence medium
sentiment neutral
materiality 0.10
TXO Partners president adopts 10b5-1 plan for tax withholding on phantom units
TXO Partners, L.P.
- Gary D. Simpson, President of Production and Development, adopted a Rule 10b5-1 trading arrangement.
- Plan covers sales of common units to cover taxes due on vesting of phantom units after Feb 6, 2025.
- Number of units to be sold is not currently determinable; depends on vesting conditions and market price.
- Duration of arrangement is until the final vesting date or forfeiture of applicable phantom units.