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Black Stone Minerals chair Thomas L Carter Jr buys $686,000 of shares

Open market purchase reported on Form 4, filed Nov 10, 2026.

Octans ResearchPublished

Snapshot

Thomas L Carter Jr, Executive Chairman of Black Stone Minerals (BSM), bought 50,000 shares in open market purchases on Nov 9, 2026, about $686,000 at an average price of $13.73 a share, according to a Form 4 filed with the SEC on Nov 10, 2026.

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Market Data

Latest prices for the companies covered in this article
Company1D %Price
($BSM)▲ +0.57%14.06

as of 16:00 ET · Realtime derived data

What We Know

The filing lists 1 open market purchase line: • Nov 9, 2026: 50,000 shares at $13.73.

After the last purchase, the filing reports 3,732,724 shares held directly in that account.

Octans View

The purchases raised the holding reported in that account by about 1.4%, computed from the filed share counts. An open market purchase is made with the insider's own money at the market price, unlike option exercises or stock awards, which this brief excludes. The filing does not say why the insider bought.

Bear Case · Room for Disagreement

Limits. Insiders must report trades within two business days; this brief covers one filing and does not net it against sales by the same person or other insiders. Prices are as filed; where a line shows a weighted average, the filing's footnotes give the range.

Method and source. Octans Research reads the structured Form 4 filed with the SEC, keeps open market purchases (code P) only, and computes the total value and the average price from the filed share counts and prices. The filed price must sit within 25% of the closing price on the trade date. The text is generated by a fixed template; no model wrote it.

Chart

$BSM adjusted close, last 6 months $BSM adjusted close, last 6 months: series rising from 13.4 to 14.1 (+4.8%) from 2026-05-18 to 2026-11-12. Scale 12 to 15. 12131415 2026-05-182026-11-12 $BSM ADJUSTED CLOSE, LAST 6 MONTHS +4.8% 14.06
Source: Tiingo · As of 2026-11-12Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — Form 4 filed by Thomas L Carter Jr for Black Stone Minerals, Nov 10, 2026

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

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