Luke S. Putman - 24 Feb 2026 Form 4 Insider Report for Black Stone Minerals, L.P. (BSM)

Role: SVP, General Counsel, and Sec
Signature: /s/ Luke S. Putman
Issuer symbol: BSM
Transactions as of: 24 Feb 2026
Net transactions value: -$385,349
Form type: 4
Filing time: 26 Feb 2026, 17:19:11 UTC
Previous filing: 06 Feb 2026
Next filing: 06 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Putman Luke Stevens	SVP, General Counsel, and Sec	1001 FANNIN STREET, SUITE 2020, HOUSTON	/s/ Luke S. Putman	26 Feb 2026	0001337171

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BSM	Common units representing limited partner interests	Award	$0	+68,853	+9.2%	$0.000000	816,995	24 Feb 2026	Direct	F1
transaction	BSM	Common units representing limited partner interests	Tax liability	$385,349	-25,302	-3.1%	$15.23	791,693	24 Feb 2026	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents settlement of performance units awarded under the Issuer's Long-Term Incentive Plan. For tax withholding purposes, the value of the common units was deemed to be equal to the closing price of BSM common units on February 24, 2026.