Paid in units instead of cash, Black Stone Minerals (BSM) director Stuart receives 1,658 units.

Alexander D. Stuart, a director at Black Stone Minerals, L.P. (BSM), acquired 1,658 common units on October 2, 2026, at $14.32 per unit. This transaction was part of a pre-existing agreement where Stuart chose to receive units instead of a cash retainer for his board service. Following this acquisition, his direct holdings increased to 2,041,733 units, with substantial indirect holdings also reported through various entities and trusts.