Black Stone Minerals Chairman Thomas Carter, Jr. acquired 19,154 company shares. The transaction occurred on May 12, 2026. The purchase totaled approximately $258,196. A filing reported the acquisition on May 13.
This transaction increased Carter’s holdings by 0.52%. The move marks one of several recent purchases by the chairman.
The purchase follows first-quarter financial results that missed analyst expectations for earnings per share. Revenue also fell short of analyst projections. Carter’s increased stake signals confidence in the company’s future prospects.