Global Endowment Management, LP - 02 May 2024 Form 4 Insider Report for TXO Partners, L.P. (TXO)

Role
10%+ Owner
Signature
Global Endowment Management, LP, By: /s/ Stephanie S. Lynch, Managing Partner
Issuer symbol
TXO
Transactions as of
02 May 2024
Net transactions value
-$1,581,738
Form type
4
Filing time
06 May 2024, 19:49:39 UTC
Previous filing
02 May 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 Sale $284,574 -15,589 -0.76% $18.25 2,025,843 02 May 2024 By GEF-PUE, LP F1, F4
transaction TXO Common Units Sale $156,243 -8,559 -0.76% $18.25 1,112,219 02 May 2024 By GEF-DTOE, Inc. F1, F4
transaction TXO Common Units Sale $254,406 -13,972 -0.69% $18.21 2,011,871 03 May 2024 By GEF-PUE, LP F2, F4
transaction TXO Common Units Sale $129,534 -7,114 -0.64% $18.21 1,105,105 03 May 2024 By GEF-DTOE, Inc. F2, F4
transaction TXO Common Units Sale $482,215 -26,741 -1.3% $18.03 1,985,130 06 May 2024 By GEF-PUE, LP F3, F4
transaction TXO Common Units Sale $274,766 -15,237 -1.4% $18.03 1,089,868 06 May 2024 By GEF-DTOE, Inc. F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Global Endowment Management, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.23 to $18.43, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnotes 1 through 3 of this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.17 to $18.305, inclusive.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.78 to $18.205, inclusive.
F4 Global Endowment Management, LP controls the investment decisions of each of GEF-DTOE, Inc. and GEF-PUE, LP, and Stephanie S. Lynch has management control over Global Endowment Management, LP and accordingly may be deemed to share beneficial ownership of the common units held by each of GEF-DTOE, Inc. and GEF-PUE, LP. Stephanie S. Lynch disclaims beneficial ownership of such common units except to the extent of her pecuniary interest therein, if any.