Brent W. Clum - 31 Jan 2024 Form 4 Insider Report for TXO Partners, L.P. (TXO)

Role: Officer, Director, Other*
Signature: /s/ Brent W. Clum
Issuer symbol: TXO
Transactions as of: 31 Jan 2024
Transactions value $: $0
Form type: 4
Filing time: 02 Feb 2024, 17:40:42
Previous filing: 02 Feb 2023
Next filing: 12 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TXO	Common Units	Award	$0	+40K	+12.14%	$0.00	369K	31 Jan 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects phantom units. Each phantom unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The phantom units will vest in three substantially equal annual installments beginning on January 31, 2025.
F2	Reflects 279,406 shares of Common Units acquired in a transaction exempt from reporting pursuant to Rule 16a-13.

Remarks:

The Reporting Person is President of Business Operations, Chief Financial Officer and Director of TXO GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.