[Form 4] Black Stone Minerals, L.P. Insider Trading Activity
Stuart Alexander D., a director of Black Stone Minerals, L.P. (BSM), reported a deemed gift transaction dated 08/15/2025 in which 20,200 common units were disposed of with $0 consideration (Code G). Following the reported disposition, Mr. Stuart retained 2,035,045 units held directly and substantial additional indirect holdings through multiple trusts and entities, including 1,251,634 units by RDS Investments, L.P. The Form 4 was signed by an attorney-in-fact on 08/18/2025. The filing documents the transfer as a gift and lists the detailed indirect ownership stakes.
Stuart Alexander D., amministratore di Black Stone Minerals, L.P. (BSM), ha dichiarato una transazione per donazione riconosciuta in data 15/08/2025 nella quale sono state trasferite 20.200 unit脿 ordinarie senza corrispettivo ($0, Codice G). Dopo la disposizione segnalata, il Sig. Stuart ha mantenuto 2.035.045 unit脿 detenute direttamente e rilevanti partecipazioni indirette tramite pi霉 trust ed entit脿, fra cui 1.251.634 unit脿 tramite RDS Investments, L.P. La Form 4 猫 stata firmata per procura il 18/08/2025. Il deposito documenta la cessione come donazione e riporta le quote dettagliate di propriet脿 indiretta.
Stuart Alexander D., director de Black Stone Minerals, L.P. (BSM), inform贸 una operaci贸n considerada como donaci贸n con fecha 15/08/2025 en la que se dispusieron 20.200 unidades comunes por $0 (C贸digo G). Tras la disposici贸n comunicada, el Sr. Stuart conserv贸 2.035.045 unidades en propiedad directa y mantuvo importantes participaciones indirectas a trav茅s de varios fideicomisos y entidades, incluyendo 1.251.634 unidades a trav茅s de RDS Investments, L.P. La Form 4 fue firmada por un apoderado el 18/08/2025. El expediente registra la transferencia como una donaci贸n y detalla las participaciones indirectas.
Stuart Alexander D.電� Black Stone Minerals, L.P. (BSM)鞚� 鞚挫偓搿滌劀 2025-08-15鞛愲 臧勳＜霅� 歃濎棳 瓯半灅毳� 鞁犼碃頄堨溂氅�, 攴� 瓿检爼鞐愳劀 20,200 氤错喌 鞙犽嫑鞚� $0 雽�臧�搿� 觳橂秳霅� 瓴冹溂搿� 響滌嫓霅橃棃鞀惦媹雼�(旖旊摐 G). 鞁犼碃霅� 觳橂秳 鞚错泟 Stuart 鞌姅 歆侅爲 氤挫湢 2,035,045 鞙犽嫑鞚� 瓿勳啀 氤挫湢頃橁碃 鞛堨溂氅� 雼れ垬鞚� 鞁犿儊 氚� 氩曥澑鞚� 韱淀暅 靸侂嫻頃� 臧勳爲 氤挫湢霃� 鞙犾頃橁碃 鞛堧姅雿�, 攴胳 1,251,634 鞙犽嫑鞚� RDS Investments, L.P. 氇呾潣鞛呺媹雼�. Form 4電� 雽�毽澑鞚� 2025-08-18鞐� 靹滊獏頄堨姷雼堧嫟. 鞝滌稖 靹滊電� 頃措嫻 鞚挫爠鞚� 歃濎棳搿� 旮办灛頃橁碃 臧勳爲 靻岇湢 歆�攵勳潉 靸侅劯頌� 氇呾嫓頃橁碃 鞛堨姷雼堧嫟.
Stuart Alexander D., administrateur de Black Stone Minerals, L.P. (BSM), a d茅clar茅 une op茅ration consid茅r茅e comme un don dat茅e du 15/08/2025, au cours de laquelle 20 200 unit茅s ordinaires ont 茅t茅 transf茅r茅es pour une contrepartie de $0 (Code G). 脌 la suite de cette cession, M. Stuart a conserv茅 2 035 045 unit茅s d茅tenues directement ainsi que des participations indirectes substantielles via plusieurs trusts et entit茅s, dont 1 251 634 unit茅s d茅tenues par RDS Investments, L.P. La Form 4 a 茅t茅 sign茅e par un mandataire le 18/08/2025. Le d茅p么t de documents enregistre le transfert comme un don et indique les participations indirectes d茅taill茅es.
Stuart Alexander D., Direktor von Black Stone Minerals, L.P. (BSM), meldete eine als Schenkung angesehene Transaktion mit Datum 15.08.2025, bei der 20.200 Stammanteile ohne Gegenleistung ($0, Code G) ver盲u脽ert wurden. Nach der gemeldeten Verf眉gung behielt Herr Stuart 2.035.045 direkt gehaltene Einheiten sowie erhebliche zus盲tzliche indirekte Beteiligungen 眉ber mehrere Trusts und Gesellschaften, darunter 1.251.634 Einheiten durch RDS Investments, L.P. Das Formular 4 wurde am 18.08.2025 von einem Bevollm盲chtigten unterzeichnet. Die Einreichung dokumentiert die 脺bertragung als Geschenk und f眉hrt die detaillierten indirekten Beteiligungsanteile auf.
- Timely disclosure of insider transaction with specific transaction code and detailed indirect ownership
- Transaction recorded as a gift (Code G), indicating no cash proceeds and likely non-economic transfer
- Reduction of direct holdings by 20,200 common units, which modestly lowers the director's direct stake
Insights
TL;DR: A director reported a gift of 20,200 units; substantial remaining direct and indirect holdings remain.
The Form 4 shows a Code G disposition indicating a gift rather than a sale, so there is no cash proceeds reported. Director Alexander retains over two million units directly and material indirect holdings across trusts and entities, preserving control exposure. For governance review, the filing is routine disclosure of a non-economic transfer and appears compliant: transaction type and detailed ownership chains are provided.
TL;DR: Transaction is a non-cash gift of 20,200 units; ownership concentration remains concentrated in the reporting person and related entities.
The reported disposition reduces direct holdings modestly relative to the reported direct balance of 2,035,045 units. Indirect positions (e.g., RDS Investments, Topsfield Energy Ltd.) add significant additional exposure. Because the report records a gift at $0, there is no indication of market impact from a sale. Materiality is low given the size of the gift versus total reported holdings.
Stuart Alexander D., amministratore di Black Stone Minerals, L.P. (BSM), ha dichiarato una transazione per donazione riconosciuta in data 15/08/2025 nella quale sono state trasferite 20.200 unit脿 ordinarie senza corrispettivo ($0, Codice G). Dopo la disposizione segnalata, il Sig. Stuart ha mantenuto 2.035.045 unit脿 detenute direttamente e rilevanti partecipazioni indirette tramite pi霉 trust ed entit脿, fra cui 1.251.634 unit脿 tramite RDS Investments, L.P. La Form 4 猫 stata firmata per procura il 18/08/2025. Il deposito documenta la cessione come donazione e riporta le quote dettagliate di propriet脿 indiretta.
Stuart Alexander D., director de Black Stone Minerals, L.P. (BSM), inform贸 una operaci贸n considerada como donaci贸n con fecha 15/08/2025 en la que se dispusieron 20.200 unidades comunes por $0 (C贸digo G). Tras la disposici贸n comunicada, el Sr. Stuart conserv贸 2.035.045 unidades en propiedad directa y mantuvo importantes participaciones indirectas a trav茅s de varios fideicomisos y entidades, incluyendo 1.251.634 unidades a trav茅s de RDS Investments, L.P. La Form 4 fue firmada por un apoderado el 18/08/2025. El expediente registra la transferencia como una donaci贸n y detalla las participaciones indirectas.
Stuart Alexander D.電� Black Stone Minerals, L.P. (BSM)鞚� 鞚挫偓搿滌劀 2025-08-15鞛愲 臧勳＜霅� 歃濎棳 瓯半灅毳� 鞁犼碃頄堨溂氅�, 攴� 瓿检爼鞐愳劀 20,200 氤错喌 鞙犽嫑鞚� $0 雽�臧�搿� 觳橂秳霅� 瓴冹溂搿� 響滌嫓霅橃棃鞀惦媹雼�(旖旊摐 G). 鞁犼碃霅� 觳橂秳 鞚错泟 Stuart 鞌姅 歆侅爲 氤挫湢 2,035,045 鞙犽嫑鞚� 瓿勳啀 氤挫湢頃橁碃 鞛堨溂氅� 雼れ垬鞚� 鞁犿儊 氚� 氩曥澑鞚� 韱淀暅 靸侂嫻頃� 臧勳爲 氤挫湢霃� 鞙犾頃橁碃 鞛堧姅雿�, 攴胳 1,251,634 鞙犽嫑鞚� RDS Investments, L.P. 氇呾潣鞛呺媹雼�. Form 4電� 雽�毽澑鞚� 2025-08-18鞐� 靹滊獏頄堨姷雼堧嫟. 鞝滌稖 靹滊電� 頃措嫻 鞚挫爠鞚� 歃濎棳搿� 旮办灛頃橁碃 臧勳爲 靻岇湢 歆�攵勳潉 靸侅劯頌� 氇呾嫓頃橁碃 鞛堨姷雼堧嫟.
Stuart Alexander D., administrateur de Black Stone Minerals, L.P. (BSM), a d茅clar茅 une op茅ration consid茅r茅e comme un don dat茅e du 15/08/2025, au cours de laquelle 20 200 unit茅s ordinaires ont 茅t茅 transf茅r茅es pour une contrepartie de $0 (Code G). 脌 la suite de cette cession, M. Stuart a conserv茅 2 035 045 unit茅s d茅tenues directement ainsi que des participations indirectes substantielles via plusieurs trusts et entit茅s, dont 1 251 634 unit茅s d茅tenues par RDS Investments, L.P. La Form 4 a 茅t茅 sign茅e par un mandataire le 18/08/2025. Le d茅p么t de documents enregistre le transfert comme un don et indique les participations indirectes d茅taill茅es.
Stuart Alexander D., Direktor von Black Stone Minerals, L.P. (BSM), meldete eine als Schenkung angesehene Transaktion mit Datum 15.08.2025, bei der 20.200 Stammanteile ohne Gegenleistung ($0, Code G) ver盲u脽ert wurden. Nach der gemeldeten Verf眉gung behielt Herr Stuart 2.035.045 direkt gehaltene Einheiten sowie erhebliche zus盲tzliche indirekte Beteiligungen 眉ber mehrere Trusts und Gesellschaften, darunter 1.251.634 Einheiten durch RDS Investments, L.P. Das Formular 4 wurde am 18.08.2025 von einem Bevollm盲chtigten unterzeichnet. Die Einreichung dokumentiert die 脺bertragung als Geschenk und f眉hrt die detaillierten indirekten Beteiligungsanteile auf.
FAQ
What transaction did Stuart Alexander D. report on Form 4 for BSM?
How many units does Alexander D. Stuart hold directly after the reported transaction?
Does the filing show indirect holdings and through which entities?
When was the Form 4 signed and by whom?
Was the reported disposition a sale that generated proceeds?
