Alexander D. Stuart - 02 Jan 2026 Form 4 Insider Report for Black Stone Minerals, L.P. (BSM)

Role
Director
Signature
/s/ Steve Putman, attorney-in-fact for Alexander D. Stuart
Issuer symbol
BSM
Transactions as of
02 Jan 2026
Net transactions value
+$22,500
Form type
4
Filing time
06 Jan 2026, 17:00:02 UTC
Previous filing
07 Oct 2025
Next filing
15 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stuart Alexander D. Director 1001 FANNIN STREET, SUITE 2020, HOUSTON /s/ Steve Putman, attorney-in-fact for Alexander D. Stuart 06 Jan 2026 0001639921

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSM Common units representing limited partner interests Award $22,500 +1,693 +0.08% $13.29 2,038,450 02 Jan 2026 Direct F1
holding BSM Common units representing limited partner interests 1,251,634 02 Jan 2026 By RDS Investments, L.P.
holding BSM Common units representing limited partner interests 74,541 02 Jan 2026 By Alexander Douglas Stuart Primary Trust
holding BSM Common units representing limited partner interests 74,541 02 Jan 2026 By Marian Stuart Pillsbury Primary Trust
holding BSM Common units representing limited partner interests 159,901 02 Jan 2026 By UA R Douglas Stuart III Marital Trust
holding BSM Common units representing limited partner interests 74,541 02 Jan 2026 By Robert D. Stuart III Primary Trust
holding BSM Common units representing limited partner interests 74,541 02 Jan 2026 By James McClure Stuart Primary Trust
holding BSM Common units representing limited partner interests 239,333 02 Jan 2026 By Marian S. Pillsbury Family 2012 GST Trust
holding BSM Common units representing limited partner interests 286,976 02 Jan 2026 By Ann Peake Stuart 2011 Exempt Trust
holding BSM Common units representing limited partner interests 180,775 02 Jan 2026 By Robert D. Stuart, Jr. 1996 Marital Trust
holding BSM Common units representing limited partner interests 6,687 02 Jan 2026 By Barbara E Stuart GST Exempt Trust fbo Alexander D Stuart
holding BSM Common units representing limited partner interests 2,112,711 02 Jan 2026 By Topsfield Energy Ltd.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a previous arrangement, the Reporting Person elected to receive common units in lieu of a cash retainer for service on the Board of Directors of the Partnership's General Partner.