Brigham Minerals (MNRL) executive Roosa sold 50,000 shares for $1.5M at $30.00 under a 10b5-1 plan
Insider transactions reported
Robert M. Roosa (executive at Brigham Minerals Inc., MNRL) reported that they sold 50,000 shares for $1.5M at $30.00 on May 26, 2022. After these transactions the filing shows 413,215 shares held directly.
- Reporting person
- Roosa Robert M.
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 26, 2022 | Open-market sale (S) | Class A Common Stock1, 2, 3 | -50,000 | $30.00 | $1.5M | 413,215 direct |
Holdings before and after
- Class A Common Stock: 463,215 to 413,215 direct
Other positions listed
- Class A Common Stock: 11,111 indirect, See Footnote
Footnotes from the filing
- 1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2021.
- 2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.01, inclusive. The Reporting Person undertakes to provide to Brigham Minerals, Inc., any security holder of Brigham Minerals, Inc. or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in footnote (2) to this Form 4.
- 3. Includes 218,708 restricted stock units awarded pursuant to the Brigham Minerals, Inc. 2019 Long Term Incentive Plan, which are subject to time based vesting upon continued employment through the applicable vesting dates.
- 4. These securities are held by RSR Resources & Minerals Vested, LLC, of which the Reporting Person is the manager.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did Roosa report in this MNRL Form 4?
Robert M. Roosa (executive at Brigham Minerals Inc., MNRL) reported that they sold 50,000 shares for $1.5M at $30.00 on May 26, 2022. After these transactions the filing shows 413,215 shares held directly.
How many MNRL shares does Roosa hold after this filing?
The filing shows 413,215 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this MNRL insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for MNRL
Earlier insider filings at MNRL
- May 26, 2022SEC Form 4: Sult John R was granted 5,232 shares, increasing direct ownership by 10% to 56,796 units
- May 26, 2022SEC Form 4: Burleson Gayle was granted 5,232 shares, increasing direct ownership by 241% to 7,405 units
- May 26, 2022SEC Form 4: Stoneburner Richard K was granted 5,232 shares, increasing direct ownership by 20% to 31,796 units
- May 26, 2022SEC Form 4: Duplantier Jon-Al was granted 5,232 shares, increasing direct ownership by 52% to 15,300 units
- May 26, 2022SEC Form 4: Langford A Lance was granted 5,232 shares, increasing direct ownership by 31% to 21,988 units
- Market cap
- 30-day
- Sector
- Energy
- Industry
- Oil & Gas Production
- Listed since
- 2019
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