0001559432-25-000027.txt : 20250204 0001559432-25-000027.hdr.sgml : 20250204 20250204162313 ACCESSION NUMBER: 0001559432-25-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250131 FILED AS OF DATE: 20250204 DATE AS OF CHANGE: 20250204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clum Brent W. CENTRAL INDEX KEY: 0001725625 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41605 FILM NUMBER: 25588583 MAIL ADDRESS: STREET 1: C/O MORNINGSTAR PARTNERS, L.P. STREET 2: 400 W. 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TXO Partners, L.P. CENTRAL INDEX KEY: 0001559432 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 320368858 STATE OF INCORPORATION: X1 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-334-7800 MAIL ADDRESS: STREET 1: 400 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: TXO Energy Partners, L.P. DATE OF NAME CHANGE: 20230131 FORMER COMPANY: FORMER CONFORMED NAME: MorningStar Partners, L.P. DATE OF NAME CHANGE: 20121002 4 1 wk-form4_1738704187.xml FORM 4 X0508 4 2025-01-31 0 0001559432 TXO Partners, L.P. TXO 0001725625 Clum Brent W. 400 W 7TH STREET FORT WORTH TX 76102 1 1 0 0 Pres, Business Opers and CFO 1 Common Units 2025-01-31 4 A 0 52770 0 A 417839 D Common Units 2025-01-31 4 A 0 60200 0 A 478039 D Common Units 2025-01-31 4 S 0 7702 18.59 D 470337 D 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 installments beginning on January 31, 2026. Reflects performance units. Each performance unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The performance units will vest in two substantially equal installments beginning on January 31, 2026. Represents units sold to satisfy tax withholding obligations incident to the vesting of certain equity awards. This sale is covered under a Rule 10b5-1 trading arrangement. This sale is mandated by the Issuer's policy requiring the satisfaction of tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The Reporting Person is President, Business Operations and Chief Financial Officer and a director of TXO GP, LLC, the general partner of the the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner. /s/ Brent W. Clum, Attorney-in-fact 2025-02-04