Eric D. Long - 22 Feb 2024 Form 4 Insider Report for USA Compression Partners, LP (USAC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Feb 2024, 21:07:28 UTC
Prior SEC filing
21 Feb 2024
Next SEC filing
29 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Eric D. Long

Key filing fact

Eric D. Long filed Form 4 for USA Compression Partners, LP (USAC) on 26 Feb 2024.

Key facts

  • This page summarizes Eric D. Long's Form 4 filing for USA Compression Partners, LP (USAC).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 26 Feb 2024, 21:07.

Change

  • Previous filing in this sequence was filed on 21 Feb 2024.
  • Current net transaction value: -$399,265.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

USAC transaction

Common Units

Sale

Transaction value
$170,704
Shares
-6,959
Change %
-1.9%
Price
$24.53
Shares after
365,400
Date
22 Feb 2024
Ownership
Direct
Footnotes
F1, F2, F3
USAC transaction

Common Units

Sale

Transaction value
$228,560
Shares
-9,329
Change %
-2.6%
Price
$24.50
Shares after
356,071
Date
23 Feb 2024
Ownership
Direct
Footnotes
F1, F3, F4
USAC holding

Common Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
23,182
Date
22 Feb 2024
Ownership
By Alex B Long Trust
Footnotes
F3, F5
USAC holding

Common Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
33,182
Date
22 Feb 2024
Ownership
By Adam Ericson Long Trust
Footnotes
F3, F5
USAC holding

Common Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
17,592
Date
22 Feb 2024
Ownership
By Aladdin Partners, L.P.
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

Pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on November 13, 2023.

Footnote F2

Represents the weighted average unit price of an aggregate total of 6,959 common units sold in the price range of $24.50 to $24.76 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, USA Compression Partners, LP (the "Issuer"), or a security holder of the Issuer, full information regarding the number of common units sold at each separate price.

Footnote F3

Includes common units acquired under the Issuer's Distribution Reinvestment Plan.

Footnote F4

Represents the weighted average unit price of an aggregate total of 9,329 common units sold in the price range of $24.50 to $24.53 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of common units sold at each separate price.

Footnote F5

Common units held by each of the Alex B. Long Trust and the Adam Ericson Long Trust, of which the Reporting Person is the trustee under agreements dated April 17, 2007.

SEC remarks

The Reporting Person is the President, Chief Executive Officer and Director of USA Compression 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.

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