medium
Sell
31,517 shares
$601,344
Significance
4/10
Simpson (Co-CEO) sells 31,517 shares of TXO at $19.08; retains 408,053 shares (408.1K)
Simpson Gary D., Co-Chief Executive Officer of TXO Partners, sold 31,517 shares at $19.08 on 2025-04-01, reducing his stake by 7.2% to 408,053 shares. The sale occurred when the stock was trading 16.2% below its 52-week high of $22.84, and the company faces material headwinds: annual revenue has contracted 25.7% year-over-year despite positive 90-day performance (+13.7%), and net income stands at just $203,000 on $68.7M quarterly revenue. The co-CEO's continued substantial holding of 408.1K shares suggests material ongoing commitment, but the discretionary reduction warrants attention given the company's revenue decline trajectory.