William E. Randall - 02 Jan 2026 Form 4 Insider Report for Black Stone Minerals, L.P. (BSM)

Role: Director
Signature: /s/ Steve Putman, attorney-in-fact for William E. Randall
Issuer symbol: BSM
Transactions as of: 02 Jan 2026
Net transactions value: +$20,427
Form type: 4
Filing time: 06 Jan 2026, 16:59:56 UTC
Previous filing: 07 Oct 2025
Next filing: 15 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Randall William E.	Director	1001 FANNIN STREET, SUITE 2020, HOUSTON	/s/ Steve Putman, attorney-in-fact for William E. Randall	06 Jan 2026	0001709335

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BSM	Common units representing limited partner interests	Award	$20,427	+1,537	+0.88%	$13.29	176,031	02 Jan 2026	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Pursuant to a previous arrangement, the Reporting Person elected to receive common units in lieu of a cash retainer for service on the Board of Directors of the Partnership's General Partner.