DeWalch Taylor 4

What Happened
DeWalch Taylor, Co-CEO & President and Director of Black Stone Minerals, reported the settlement of 1,958 performance units on Feb 24, 2026 (award). To satisfy tax withholding, 478 of those common units were disposed at $15.23 each for proceeds of $7,280. After withholding, Taylor received a net 1,480 units. The award is a compensation settlement (not a market purchase).

Key Details

• Transaction dates: Feb 24, 2026 (award and tax withholding); Form 4 filed Feb 26, 2026. Filing appears timely.
• Award: 1,958 common units (code A) acquired at $0.00 (compensation award).
• Tax withholding: 478 units (code F) disposed at $15.23 each for $7,280 to cover tax liability.
• Implied market value of the full award (using $15.23 close): ~ $29,820.34.
• Net units delivered to insider after withholding: 1,480 units (1,958 − 478).
• Footnote: F1 — settlement of performance units under the issuer’s Long-Term Incentive Plan; for tax withholding the units were valued at the Feb 24 closing price.
• Shares owned after the transaction: not specified in the provided excerpt.

Context
This was a routine compensation settlement of performance units with a standard tax-withholding disposition — not an open-market sell motivated by investment decisions. Such withholding transactions are common when equity awards vest and do not necessarily signal insider sentiment about the company’s stock.