05/20/2026 | Press release | Distributed by Public on 05/20/2026 14:12
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Phantom Units | (1) | 05/18/2026 | M | 12,729 | 05/18/2026 | 05/18/2026 | Class A Units | 12,729 | (1) | 8,492 | D | ||||
| Phantom Units | $ 0 | 05/18/2026 | D | 8,492 | (2) | (2) | Class A Units | 8,492 | $ 0 | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Hawks Carney C/O FERRELLGAS, INC. ONE LIBERTY PLAZA LIBERTY, MO 64068 |
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| /s/ Carney Hawks | 05/20/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Each Phantom Unit represents the economic equivalent of one Class A Unit. These Phantom Units vested on September 25, 2025 and became payable on May 18, 2026 pursuant to the terms and conditions of the Phantom Unit Award Agreement. Each vested Phantom Unit represents the right to receive a cash payment in an amount equal to the average closing price of a Class A Unit for the 10 trading days immediately preceding May 18, 2026, subject to the terms and conditions of the Phantom Unit Award Agreement. |
| (2) | Pursuant to the terms and conditions of the Phantom Unit Award Agreement, these Phantom Units were forfeited on May 18, 2026. |