---
schema_version: "secwatch.filing_event.v1"
accession: "0001559432-25-000048"
form_type: "8-K"
ticker: "TXO"
cik: "0001559432"
company_name: "TXO Partners, L.P."
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T00:46:33.430639+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TXO appoints Massaro to board; co-CEOs get phantom unit grants

## Summary
- Lawrence S. Massaro appointed to Board and Audit Committee effective April 1, 2025.
- Massaro granted 3,900 phantom units vesting April 1, 2026 under director compensation plan.
- Co-CEOs Clum and Simpson each receive 100,000 phantom units vesting immediately plus 100,000 units vesting April 1, 2026 with DERs.
- Massaro brings 40+ years of industry experience; formerly CEO of Silverado Oil & Gas and EVP/CFO of Newfield Exploration.

## SEC filing metadata
- accession: 0001559432-25-000048
- form_type: 8-K
- ticker: TXO
- cik: 0001559432
- company_name: TXO Partners, L.P.
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559432/000155943225000048/0001559432-25-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559432/000155943225000048/txo-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001559432-25-000048
- JSON: https://secwatch.observer/filing/0001559432-25-000048.json
- Plain text: https://secwatch.observer/filing/0001559432-25-000048.txt

## Key facts
- Executive change
  Lawrence S. Massaro was appointed as Director at TXO Partners, L.P..
  - Action: appointed
  - Role: Director
  source text: On March 31, 2025, the Board appointed Lawrence S. Massaro to serve as a member of the board of directors (the “ Board ”) of TXO Partners GP, LLC (the “ General Partner ”), the general partner of TXO Partners, L.P. (the “ Partnership ”), effective April 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1559432/000155943225000048/0001559432-25-000048-index.htm

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