Tom L. Ward, Chief Executive Officer and director of Mach Natural Resources LP, filed a Form 4 on November 12, 2026, disclosing two open-market purchases of common units totaling 110,000 units made on November 9 and November 10, 2026.

Key Highlights

  • First purchase: 55,000 common units acquired on November 9, 2026 at a weighted average price of $9.21 per unit, with individual transaction prices ranging from $9.14 to $9.27.
  • Second purchase: 55,000 common units acquired on November 10, 2026 at a weighted average price of $9.13 per unit, with individual transaction prices ranging from $9.05 to $9.24.
  • Purchasing vehicle: Both purchases were made through the Tom L. Ward 1992 Revocable Living Trust, of which Ward is the Trustee.
  • Post-transaction holdings via Trust: 13,577,452 common units held indirectly through the Trust following the two reported transactions.
  • Additional indirect holdings: 421,100 units held by Mach Resources LLC, 167,030 by Tom L. Ward Family Foundation, 76,628 by WCT Resources LLC, and 14,315,136 held directly.
  • Reporting person role: Ward is identified as Director, 10% Owner, Officer, and CEO of Mach Natural Resources GP LLC, the general partner of the issuer.

Ward's Trust Acquires Common Units in Two Consecutive Trading Days

According to the filing, Tom L. Ward purchased a combined 110,000 common units of Mach Natural Resources LP (NYSE:MNR) across two consecutive trading days via the Tom L. Ward 1992 Revocable Living Trust. The November 9, 2026 purchase of 55,000 units carried a weighted average price of $9.21, with individual prices ranging from $9.14 to $9.27 per unit. The following day, November 10, 2026, an additional 55,000 units were acquired at a weighted average price of $9.13, with individual prices ranging from $9.05 to $9.24 per unit. Both transactions are coded "P," indicating open-market purchases.

The filing notes that Ward is the Trustee of the Trust and "may be deemed to have or share beneficial ownership of the securities held of record by the Trust," but the filing states he "disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein." Following the two purchases, the Trust held 13,577,452 common units on an indirect basis.

Beyond the Trust, the filing reports additional indirect holdings: 421,100 units through Mach Resources LLC, 167,030 units through the Tom L. Ward Family Foundation, and 76,628 units through WCT Resources LLC. The filing also lists 14,315,136 units held directly. Ward's role is described in the filing as CEO of Mach Natural Resources GP LLC, the general partner that manages the issuer, as well as Director and 10% Owner of the issuer.

What Was Disclosed

The Form 4 filed November 12, 2026 reports that Tom L. Ward's revocable living trust purchased 110,000 common units of Mach Natural Resources LP across November 9 and November 10, 2026, at weighted average prices of $9.21 and $9.13 per unit, respectively.