Glen A. Brown - 31 Dec 2024 Form 5 Insider Report for PHX MINERALS INC. (PHX)

Role: Director
Signature: /s/ Glen A. Brown
Issuer symbol: PHX
Transactions as of: 31 Dec 2024
Net transactions value: $0
Form type: 5
Filing time: 03 Feb 2025, 17:47:45 UTC
Previous filing: 17 Dec 2024
Next filing: 01 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PHX	Common Stock	Award		+51,326	+43%		169,539	05 Dec 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Transactions with respect to crediting Deferred Stock Units to the reporting person's account occurred on a quarterly basis subsequent to the reporting person becoming a director in 2021. Transactions with respect to the reinvestment of dividends on such Deferred Stock Units have occurred when dividends are paid by the issuer. The last transaction described in this footnote was a reinvestment of dividends on Deferred Stock Units that occurred on December 5, 2024.
F2	Represents Deferred Stock Units that have not been previously reported, which are comprised of (i) Deferred Stock Units credited to the reporting person's account on a quarterly basis at the then-current stock price pursuant to the Director Deferred Compensation Plan subsequent to the reporting person becoming a director in 2015 and (ii) additional Deferred Stock Units credited to the reporting person's account as a result of the reinvestment of dividends, when paid by the issuer, on the Deferred Stock Units.

Content

Transactions with respect to crediting Deferred Stock Units to the reporting person's account occurred on a quarterly basis subsequent to the reporting person becoming a director in 2021. Transactions with respect to the reinvestment of dividends on such Deferred Stock Units have occurred when dividends are paid by the issuer. The last transaction described in this footnote was a reinvestment of dividends on Deferred Stock Units that occurred on December 5, 2024.

Represents Deferred Stock Units that have not been previously reported, which are comprised of (i) Deferred Stock Units credited to the reporting person's account on a quarterly basis at the then-current stock price pursuant to the Director Deferred Compensation Plan subsequent to the reporting person becoming a director in 2015 and (ii) additional Deferred Stock Units credited to the reporting person's account as a result of the reinvestment of dividends, when paid by the issuer, on the Deferred Stock Units.