WARMAN PHILIP T (General Counsel & Secretary) exercised options at NATURAL RESOURCE PARTNERS LP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/12/2026ACC: 0001437749-26-003969
Officer· General Counsel & Secretary
Since Aug 2021
+17.35K
Net shares
Net buyer
$522.8K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
21.60K acquired · 4.25K disposed
Non-Derivative Transactions2
COMMON UNITS
Direct
Shares
+10.80K
Price / share
—
Trade value
—
% of position
128.4%
2/10/2026
8.41K→19.21K
COMMON UNITS
Direct
Shares
−4.25K
Price / share
$123.04
Trade value
$522.80K
% of position
22.1%
2/10/2026
19.21K→14.96K
Total
Net shares
+6.55K
Net value
-$522.80K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON UNITS Direct | 2/10/2026 | M · Option Exercise | +10.80K | — | — | 128.4% | 8.41K | 19.21K |
| COMMON UNITS Direct | 2/10/2026 | F · Tax Withholding | −4.25K | $123.04 | $522.80K | 22.1% | 19.21K | 14.96K |
| Total | +6.55K | -$522.80K | ||||||
Derivative Transactions4
PERFORMANCE UNITS
Direct
Converts to
COMMON UNITS
5.88K shares
Shares
+5.88K
Strike price
Held after
0.00
Exercisable
—
2/10/2026
PHANTOM UNITS
Direct
Converts to
COMMON UNITS
4.15K shares
Shares
+4.15K
Strike price
Held after
0.00
Exercisable
—
2/10/2026
PHANTOM UNITS
Direct
Converts to
COMMON UNITS
403.00 shares
Shares
+403.00
Strike price
Held after
403.00
Exercisable
—
2/10/2026
PHANTOM UNITS
Direct
Converts to
COMMON UNITS
366.00 shares
Shares
+366.00
Strike price
Held after
732.00
Exercisable
—
2/10/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| PERFORMANCE UNITS Direct | COMMON UNITS5.88K shares | 2/10/2026 | M · Option Exercise | +5.88K | — | 0.00 | |
| PHANTOM UNITS Direct | COMMON UNITS4.15K shares | 2/10/2026 | M · Option Exercise | +4.15K | — | 0.00 | |
| PHANTOM UNITS Direct | COMMON UNITS403.00 shares | 2/10/2026 | M · Option Exercise | +403.00 | — | 403.00 | |
| PHANTOM UNITS Direct | COMMON UNITS366.00 shares | 2/10/2026 | M · Option Exercise | +366.00 | — | 732.00 |