PHX Minerals (PHX) executive True received 3,265 shares

Insider transactions reported

Chad True (Principal Accounting Officer at PHX Minerals Inc., PHX) reported that they received 3,265 shares on Dec 20, 2024. After these transactions the filing shows 108,901 shares held directly.

Reporting person

True Chad

Role

Principal Accounting Officer

Holdings before and after

• Common Stock: 105,636 to 108,901 direct

Footnotes from the filing

1. 1. Represents shares of common stock that were granted on December 20, 2024 (the Additional Performance Shares ) pursuant to a Restricted Stock Award Agreement entered into between the issuer and the reporting person (the Award Agreement ). The 26,123 shares of restricted common stock (the Restricted Shares ) originally granted under the Award Agreement were included in the reporting person's common stock holdings reported on the Form 3 filed with the Securities and Exchange Commission on February 1, 2023 (the February 2023 Form 3 ). As a result of achieving 125% of the target performance goals under the Award Agreement, the Additional Performance Shares were granted to the reporting person in addition to the Restricted Shares reported on the February 2023 Form 3.
2. 2. The original Form 4 filed on December 23, 2024 (the December 2024 Form 4 ) reported the withholding of 8,552 shares of common stock (the Withheld Shares ) to cover payroll tax liability on the vesting of the Restricted Shares. However, the Withheld Shares also served to cover payroll tax liability with respect to the grant of the Additional Performance Shares. The December 2024 Form 4 is amended by this amendment to add the line item in Table I disclosing the grant of the Additional Performance Shares.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

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