Brent W. Clum - Jan 31, 2024 Form 4 Insider Report for TXO Partners, L.P. (TXO)

Role: Officer, Director, Other*
Signature: /s/ Brent W. Clum
Stock symbol: TXO
Transactions as of: Jan 31, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/2/2024, 05:40 PM
Previous filing: Feb 2, 2023
Next filing: Mar 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TXO	Common Units	Award	$0	+40K	+12.14%	$0.00	369K	Jan 31, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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 annual installments beginning on January 31, 2025.
F2	Reflects 279,406 shares of Common Units acquired in a transaction exempt from reporting pursuant to Rule 16a-13.

Remarks:

The Reporting Person is President of Business Operations, Chief Financial Officer and Director of TXO 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.