Bob R. Simpson, a director and 10% owner of TXO Partners, L.P., filed a Form 4 on November 13, 2026, disclosing open-market purchases of Common Units on November 11 and November 12, 2026.

Key Highlights

  • First purchase: 33,591 Common Units acquired on November 11, 2026, at a weighted average price of $13.8683 per unit, with individual trade prices ranging from $13.67 to $13.90.
  • Second purchase: 33,570 Common Units acquired on November 12, 2026, at a weighted average price of $14.2797 per unit, with individual trade prices ranging from $14.23 to $14.30.
  • Resulting ownership: Following the two transactions, Simpson directly holds 9,800,000 Common Units, according to the filing.
  • Relationship to issuer: The filing identifies Simpson as Chairman of TXO GP, LLC, the general partner of TXO Partners, L.P., as well as a director and 10% owner.
  • Transaction codes: Both transactions are coded "P" (open-market purchase) and are reported as direct ownership.

Simpson's Two-Day Unit Purchases in TXO Partners

According to the Form 4 filed with the SEC on November 13, 2026, Bob R. Simpson purchased Common Units of TXO Partners, L.P. (NYSE:TXO) on two consecutive trading days. On November 11, 2026, Simpson acquired 33,591 Common Units at a weighted average price of $13.8683. The filing notes that this transaction was executed across multiple trades at prices ranging from $13.67 to $13.90, and that full details of individual trade prices and quantities will be provided upon request to the SEC staff, the issuer, or a security holder.

The following day, November 12, 2026, Simpson purchased an additional 33,570 Common Units at a weighted average price of $14.2797, with individual trades priced between $14.23 and $14.30. The same undertaking to provide full trade-level information upon request applies to this second transaction as well. Both purchases are recorded as direct holdings and carry transaction code "P," indicating open-market purchases.

After both transactions, Simpson's direct beneficial ownership in TXO Partners stood at 9,800,000 Common Units, as reported in the filing. The filing further discloses that Simpson serves as Chairman of TXO GP, LLC, the entity that acts as general partner of TXO Partners, L.P., and that the issuer is managed by the board of directors and executive officers of that general partner. No derivative securities were reported in Table II of the form.

What Was Disclosed

Bob R. Simpson, director, 10% owner, and Chairman of TXO GP, LLC, disclosed two open-market purchases of TXO Partners Common Units totaling 67,161 units on November 11 and 12, 2026, bringing his direct beneficial ownership to 9,800,000 units.