Kimbell Royalty (NYSE: KRP) director awarded 14,108 common units

Rhea-AI Filing Summary

Kimbell Royalty Partners, LP director Erik B. Daugbjerg reported an equity award of 14,108 common units representing limited partner interests. The units were acquired as a grant at a reported price of $0.00 per unit, increasing his directly held stake to 120,098.775 common units following the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Daugbjerg Erik B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common units representing limited partner interests	14,108	$0.00	--

Holdings After Transaction: Common units representing limited partner interests — 120,098.775 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Daugbjerg Erik B

(Last) (First) (Middle)

777 TAYLOR STREET, SUITE 810

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Kimbell Royalty Partners, LP [ KRP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common units representing limited partner interests	02/24/2026		A		14,108	A	$0.00	120,098.775	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Jamie L. Hayes, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.

FAQ

What insider transaction did Kimbell Royalty Partners (KRP) report for Erik B. Daugbjerg?

Kimbell Royalty Partners reported that director Erik B. Daugbjerg received a grant of 14,108 common units. These units represent limited partner interests and were awarded at a reported price of $0.00 per unit, increasing his directly held ownership in the partnership.

How many KRP common units does Erik B. Daugbjerg own after this Form 4 transaction?

After the reported grant, Erik B. Daugbjerg directly holds 120,098.775 common units. These units represent limited partner interests in Kimbell Royalty Partners and reflect his updated stake following the 14,108-unit equity award disclosed in the Form 4 filing.

Was the KRP insider transaction a market purchase or an equity award grant?

The KRP insider transaction was an equity award grant, not a market purchase. The Form 4 lists transaction code “A,” described as a grant, award, or other acquisition, with 14,108 common units acquired at a reported price of $0.00 per unit.

What type of security did Erik B. Daugbjerg acquire from Kimbell Royalty Partners (KRP)?

Erik B. Daugbjerg acquired common units representing limited partner interests in Kimbell Royalty Partners. The Form 4 shows a non-derivative transaction for 14,108 common units received as a grant, bringing his directly owned total to 120,098.775 units after the award.

Is Erik B. Daugbjerg’s ownership in KRP reported as direct or indirect after this transaction?

His ownership is reported as direct after this transaction. The Form 4 lists the ownership code as “D” for direct, with 120,098.775 common units held following the 14,108-unit grant of common units representing limited partner interests.