Luther King Jr - May 22, 2024 Form 4 Insider Report for TXO Partners, L.P. (TXO)

Role
Director, 10%+ Owner
Signature
J. Luther King, Jr.
Stock symbol
TXO
Transactions as of
May 22, 2024
Transactions value $
-$433,619
Form type
4
Date filed
5/24/2024, 12:54 PM
Previous filing
Nov 14, 2023
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXO Common Units Sale -$222K -10K -0.39% $22.20 2.58M May 22, 2024 See footnotes F1, F2, F3
transaction TXO Common Units Sale -$212K -10K -0.39% $21.16 2.57M May 23, 2024 See footnotes F1, F2, F3
holding TXO Common Units 740K May 22, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Common Units sold on behalf of a separately managed account for which Luther King Capital Management Corporation (LKCM) serves as investment adviser.
F2 Represents (i) 1,189,400 Common Units held by LKCM Investment Partnership, L.P. (LIP), (ii) 1,372,130 Common Units held by LKCM Private Discipline Master Fund, SPC (PDP), and (iii) 10,000 shares held by a separately managed account for which LKCM serves as investment adviser.
F3 LKCM Investment Partnership GP, LLC (LIP GP) is the general partner of LIP. LKCM Private Discipline Management, L.P. (PDP GP) holds all of the management shares of PDP. LKCM is the investment adviser to each of LIP and PDP. Mr. King is the President and controlling shareholder of LKCM and a controlling member or manager of each of LIP GP and PDP GP. Mr. King expressly disclaims beneficial ownership of the Common Units reported herein, except to the extent of his pecuniary interest therein.