KING LUTHER CAPITAL MANAGEMENT CORP - 14 Nov 2023 Form 4 Insider Report for TXO Partners, L.P. (TXO)

Reporting relationship: 10%+ Owner
Issuer ticker: TXO
Reported as of: 14 Nov 2023
Net transaction value: +$276,362
SEC form: 4
Accepted by SEC: 14 Nov 2023, 17:02:08 UTC
Prior SEC filing: 02 Jun 2023
Source filing: View source filing
Reporting owner signature: Jacob D. Smith, Principal and General Counsel for Luther King Capital Management Corporation

Key filing fact

KING LUTHER CAPITAL MANAGEMENT CORP filed Form 4 for TXO Partners, L.P. (TXO) on 14 Nov 2023.

Key facts

This page summarizes KING LUTHER CAPITAL MANAGEMENT CORP's Form 4 filing for TXO Partners, L.P. (TXO).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 14 Nov 2023, 17:02.

Change

Previous filing in this sequence was filed on 02 Jun 2023.
Current net transaction value: +$276,362.

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.

TXO transaction

Common Units

Purchase

Transaction value: $276,362
Shares: +15,000
Change %: +0.58%
Price: $18.42
Shares after: 2,591,530
Date: 10 Nov 2023
Ownership: See footnotes
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

KING LUTHER CAPITAL MANAGEMENT CORP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Represents (i) 1,189,400 Common Units held by LKCM Investment Partnership, L.P. (LIP), (ii) 1,372,130 Common Units held by PDLP Morningstar, LLC (PDLP), and (iii) 30,000 Common Units held by a separately managed portfolio for which Luther King Capital Management Corporation (LKCM) serves as investment adviser. The Common Units held by LIP and PDLP were received on August 1, 2023 in a pro rata distribution from MorningStar Partners II, L.P. to all of its partners for no consideration.

Footnote F2

LKCM Investment Partnership GP, LLC (LIP GP) is the general partner of LIP. LKCM Private Discipline Management, L.P. (PDP GP) is the sole holder of management shares of LKCM Private Discipline Master Fund, SPC (PDP), which holds all of the ownership interests of PDLP. LKCM serves as the investment adviser to each of LIP and PDP. J. Luther King, Jr. is the President and controlling shareholder of LKCM and a controlling member of each of LIP GP and PDP GP. Mr. King and LKCM expressly disclaim beneficial ownership of the Common Units reported herein except to the extent of their pecuniary interest therein.