TOM L. WARD - 27 Oct 2024 Form 4 Insider Report for MACH NATURAL RESOURCES LP (MNR)

Role
Officer, Director, Other*, 10%+ Owner
Signature
/s/ Michael E. Reel, as attorney-in-fact for the Reporting Person
Issuer symbol
MNR
Transactions as of
27 Oct 2024
Transactions value $
-$175,197
Form type
4
Filing time
29 Oct 2024, 17:47:12 UTC
Previous filing
31 Oct 2023
Next filing
30 Oct 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNR Common Units Tax liability -$175,197 -10,722 -0.08% $16.34 13,739,315 27 Oct 2024 Direct F3
holding MNR Common Units 13,218,411 27 Oct 2024 Held by Tom L. Ward 1992 Revocable Trust F1
holding MNR Common Units 421,100 27 Oct 2024 Held by Mach Resources LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is the Trustee of the Tom L. Ward 1992 Revocable Trust (the "Trust"). By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by the Trust, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly, or indirectly.
F2 The Reporting Person exercises control over Mach Resources LLC ("Mach Resources"). Mach Resources is owned 50.5% by Tom L. Ward through the Trust and 49.5% by WCT Resources LLC which is owned by certain trusts affiliated with Mr. Ward for which an employee of Mach Resources is trustee. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by Mach Resources, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3 The issuer withheld units to satisfy the tax withholding obligations associated with the vesting of phantom units.

Remarks:

The Reporting Person is Chief Executive Officer of Mach Natural Resources 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.