KING J LUTHER JR enters TXO PARTNERS, L.P. with 49.54M shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Direct Indirect Derivatives
Filed: 1/26/2023ACC: 0000899243-23-002791
Director10% OwnerOther
Since Jan 2023
49.54M
Baseline shares
24% direct
11.66M
Direct ownership
1 position
33.92M
Derivative underlying
2 instruments
2
Security positions
37.88M indirect
Non-Derivative Holdings2
Common Units
DirectShares owned11.66M
Common Units
IndirectShares owned37.88M
Total
11.66M direct·37.88M indirect49.54M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Units | 11.66M | Direct |
| Common Units | 37.88M | Indirect |
| Total | 49.54M | 11.66M direct·37.88M indirect |
Derivative Holdings2
Series 5 Preferred Units
IndirectUnderlying security
Common Units
Underlying shares
26.99M
Shares owned
N/A
Exercise price
Expiration
—
Exercise window
—
Series 5 Preferred Units
DirectUnderlying security
Common Units
Underlying shares
6.93M
Shares owned
N/A
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
33.92M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Series 5 Preferred Units Indirect | Common Units | — | — | 26.99M | N/A | |
| Series 5 Preferred Units Direct | Common Units | — | — | 6.93M | N/A | |
| Total | 33.92M | 0.00 | ||||