PINKERTON JOHN H sold PHX
June 23, 2025 · Form 4 insider transaction
PINKERTON JOHN H sold 93,486 shares of PHX Minerals Inc. at $4.35 per share, a transaction worth $406.7K. The trade was recorded as u and disclosed on an SEC Form 4, filed 30 days after the transaction.
Footnotes
On May 8, 2025, PHX Minerals Inc. (the "Issuer") entered into an Agreement and Plan of Merger with the WhiteHawk Acquisition, Inc., a Delaware corporation (the "Parent"), and WhiteHawk Merger Sub, Inc., a Delaware corporation (the "Merger Sub") and a wholly owned subsidiary of Parent (the "Merger Agreement"). On June 23, 2025, Merger Sub completed a tender offer (the "Offer") pursuant to the terms of the Merger Agreement for the outstanding shares of common stock of the Issuer for an offer price of $4.35 per share, without interest and subject to applicable tax withholding (the "Offer Price"). Thereafter, Merger Sub merged with and into the Issuer (the "Merger") pursuant to Section 251(h) of the General Corporation Law of the State of Delaware, with the Issuer being the surviving corporation and becoming a wholly owned subsidiary of the Parent.; Represents shares of common stock tendered to Merger Sub pursuant to the Offer.