{"url_path":"/sec/unl/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds.","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1405513/0001104659-26-057784-index.html","accession_number":"0001104659-26-057784","cik":"0001405513","ticker":"UNL","issuer_name":"United States 12 Month Natural Gas Fund, LP","edgar_url":"https://www.sec.gov/Archives/edgar/data/1405513/0001104659-26-057784-index.html","primary_entity_key":"0001405513","primary_entity_name":"United States 12 Month Natural Gas Fund, LP"},"word_count":136,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.\n\n(a)None.\n\n(b)Not applicable.\n\n(c)\n\nUNL does not purchase shares directly from its shareholders. In connection with its redemption of baskets held by Authorized Participants, UNL redeemed 11 baskets (comprising 550,000 shares) during the first quarter of the year ending December 31, 2026. The following table summarizes the redemptions by Authorized Participants during the three months ended March 31, 2026:\n\n42\n\n[Table of Contents](#TOC)\n\n**Issuer Purchases of Equity Securities**\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n**Total**\n\n​\n\n​\n\n​\n\n​\n\n**Number of**\n\n​\n\n**Average Price Per**\n\n**Period**\n\n**  ​ ​ ​**\n\n**Shares Redeemed**\n\n**  ​ ​ ​**\n\n**Share**\n\n1/1/26 to 1/31/26\n\n \n\n250,000\n\n​\n\n$\n\n8.15\n\n2/1/26 to 2/28/26\n\n \n\n300,000\n\n​\n\n$\n\n7.38\n\n3/1/26 to 3/31/26\n\n \n\n—\n\n​\n\n$\n\n—\n\nTotal\n\n \n\n550,000\n\n​\n\n \n\n​\n\n​\n\n​"}