Director William H. Adams III granted 14,108 KRP units in Form 4 filing

Rhea-AI Filing Summary

Kimbell Royalty Partners, LP director receives unit award

Director William H. Adams III acquired 14,108 common units representing limited partner interests in Kimbell Royalty Partners, LP on a grant or award basis at a per-unit price of $0.00. Following this award, he directly owns 115,568 common units.

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

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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^*

ADAMS WILLIAM H III

(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	115,568	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 did Kimbell Royalty Partners (KRP) insider William H. Adams III report on this Form 4?

William H. Adams III reported an award of 14,108 common units representing limited partner interests. The transaction was coded as a grant or other acquisition at $0.00 per unit, increasing his directly held position in Kimbell Royalty Partners, LP.

How many KRP common units did William H. Adams III acquire in this transaction?

He acquired 14,108 common units representing limited partner interests. The filing identifies this as a grant, award, or other acquisition transaction, meaning the units were received rather than purchased in the open market, with a reported price of $0.00 per unit.

What is William H. Adams III’s total KRP ownership after this Form 4 transaction?

After the reported grant, William H. Adams III directly owns 115,568 common units. The Form 4 lists this amount as the total number of common units representing limited partner interests beneficially owned following the award transaction on the reported date.

Was cash paid for the KRP units awarded to William H. Adams III?

No cash was paid for these units according to the filing. The transaction price per unit is reported as $0.00, consistent with a grant, award, or similar non-cash acquisition rather than a market purchase of Kimbell Royalty Partners, LP common units.

What does transaction code A mean in this KRP Form 4 filing?

Transaction code A in this filing indicates a grant, award, or other acquisition of securities. For William H. Adams III, it reflects receipt of 14,108 Kimbell Royalty Partners, LP common units as an award, increasing his direct ownership to 115,568 units after the transaction.

Is the KRP Form 4 transaction reported by William H. Adams III direct or indirect ownership?

The Form 4 reports this as direct ownership. The direct_or_indirect and ownership_type fields are both coded as D, meaning the 14,108 awarded common units, and the resulting 115,568 total units, are held directly by William H. Adams III.