COMMON UNIT-BASED COMPENSATION PLANS (Tables)

3 Months Ended

Mar. 31, 2025

ARLP LTIP

COMMON UNIT-BASED COMPENSATION PLANS

Summary of non-vested share activity

	Number of units	Weighted average grant date fair value per unit		Intrinsic value
				(in thousands)
Non-vested grants at January 1, 2025	1,458,564	$	17.60	$	38,346
Granted (1)	353,028		26.92
Vested (2)	(625,649)		13.62
Forfeited	(6,222)		20.66
Non-vested grants at March 31, 2025	1,179,721		22.49		32,183

(1) The restricted units granted during 2025 have certain minimum-value guarantees per unit, regardless of whether the awards vest.

(2) During the three months ended March 31, 2025, we issued 366,043 unrestricted common units to the LTIP participants.  The remaining vested units were withheld to satisfy tax withholdings.